ACE Group has announced a number of changes to its financial lines team in Australia including two promotions and one new hire.

Austin Colotti has been appointed as national financial lines SME manager having worked for ACE as financial lines underwriting manager previously.

Colotti will be responsible for the management and growth of ACE’s SME business including management liability and professional indemnity schemes across the country.

Replacing Colotti is Preston Ipkendanz who will fill the role of financial lines underwriting manager – Queensland. Ipkendanz will move from South Australia where he was a senior underwriter.

Joining ACE Group as senior financvial lines underwriter – South Australia is Stuart Quigley, who has 10 years broker experience working with Aon and Jardine Lloyd Thompson.

Country President for ACE in Australia and New Zealand, John French, said of the reshuffle: “I’m glad to see more members of our team step up to more challenging roles. The promotions of Austin Colotti and Preston Ipkendanz highlight the depth of expertise we have within the company.”

“We are also fortunate to have a proven individual like Stuart join our Financial Lines team. He has an excellent reputation in the market and his past experience managing Financial Lines portfolios will ensure the continuity of exceptional service levels that ACE provides to brokers and clients in South Australia.”