News Releases

ACE UK Announces New Appointments
May 22, 2007

LONDON--(BUSINESS WIRE)--ACE UK (NYSE:ACE) has announced some changes to its UK and Ireland management team.

The ACE UK property business will be streamlined under the management of Steve Walker who assumes the position of Property Manager for UK and Ireland. Working with Steve, Tom Wood and Stephanie Cryer will be responsible for Property in the North and South respectively.

Gordon Scouller will take the position of Regional Manager (Scotland). In this role Gordon will assume ownership for ACEs growing business in Scotland.

John Stanway will assume overall responsibility for Casualty in the North. He will work closely with Tom Wood and Gordon Scouller to maximise opportunities in this region.

Finally, the UK and Ireland and the ACE Global Markets Financial Institutions teams will be formally combined under the leadership of Jane Bennett.

Commenting on the changes, Richard Pryce, President of ACE UK said: These changes are designed to maximise business opportunities for ACE in the UK. In addition to strengthening our proposition for brokers and clients, these new appointments, combined with developments such as ACE Online and our response to new and emerging risks such as environmental and cyber liability, will underpin ACEs future growth in the UK market.

Notes to editors:

ACE European Group has established branch offices in 19 countries across Europe, Freedom of Services permission to provide insurance services to clients in 29 EEA countries and affiliates in Egypt, Bahrain, Pakistan and Russia.

Part of the ACE Group of Companies, 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 ACEs specialty international business, underwriting through ACEs Lloyds 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 at www.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 & Poors 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

 

Contact:

ACE
Miles Russell, +44 (0)20 7173 7578
Communications Director
miles.russell@ace-ina.com


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