News Releases

LONDON--(BUSINESS WIRE)--ACE UK has announced that it is expanding its presence in the South and West of England.

ACE is growing its capabilities in the Reading branch, adding P&C underwriting resources to its existing A&H team. ACE relationships with brokers in this large geographical region will be handled through the Reading office and much of the existing P&C portfolio, currently managed through the Southampton branch, will be transferred to Reading.

Explains Richard Pryce, President ACE UK: “This new structure will allow us to focus on the development of the entire South and West region, particularly the prosperous M4 corridor. The changes will enable ACE to grow its presence throughout the region, whilst delivering enhanced levels of broker and client service. ”

Notes to editors:

ACE

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 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 at www.aceeuropeangroup.com.

The ACE Group of Companies is a global leader in commercial property and casualty insurance 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