News Releases

LONDON--(BUSINESS WIRE)--ACE (NYSE:ACE) is pleased to announce the appointment of Stephanie Cryer as its UK and Ireland Commercial Property and Package Product Manager. Stephanie joins ACE from Chubb where she was most recently the London Strategic Marketing manager and previously the London Property Underwriting Manager. Prior to Chubb, Stephanie worked with Mitsui Sumitomo and Royal & Sun Alliance, underwriting property business.

In her new role with ACE, effective 1st November, Stephanie is responsible for managing the UK & Ireland commercial property and package product lines.

ACE property product and portfolio management in the UK and Ireland is segmented into two distinct areas, Major Risk (FTSE 350) and Commercial (non FTSE 350). Major Risk property is managed by Steve Walker, whilst the Commercial property product management will be led by Stephanie. Both product managers report to Michael Furgueson.

Announcing Stephanie’s appointment, Michael Furgueson, President, ACE Europe UK & Ireland, said, “We are now well positioned to profitably grow our UK and Ireland commercial property portfolio, with a targeted and focused underwriting appetite, active broker engagement and distinct product offerings. Stephanie will work closely with our Casualty management team and the manager of the commercial property and casualty business to develop targeted growth opportunities in this segment.”

ENDS

Notes to editors:

ACE

ACE European Group has established branch offices in 16 countries across Europe, Freedom of Services permission to provide insurance services to clients in 27 EEA countries and affiliates in Egypt, Bahrain, Pakistan and Russia.

ACE European Group comprises the operations of ACE Europe, ACE Global Markets and ACE Tempest Re Group. ACE Europe provides a range of tailored Property and Casualty, Accident and Health and Personal Lines solutions for a diverse range of clients. ACE Global Markets (AGM) is ACE’s specialty international business, underwriting through ACE’s Lloyd’s Syndicate 2488 and ACE European Group Limited. Specialty lines include excess and surplus lines business, Marine, Aviation, Energy and Political Risk as well as Property, Financial Lines and Accident and Health. Additional information on ACE European Group can be found atwww.aceeuropeangroup.com.

The ACE Group of Companies is a global leader in insurance and reinsurance serving a diverse group of clients. Headed by ACE Limited (NYSE:ACE), a component of the Standard & Poor’s 500 stock index, the ACE Group conducts its business on a worldwide basis with operating subsidiaries in more than 50 countries. Additional information can be found at: www.acelimited.com