News Releases

LONDON--(BUSINESS WIRE)--ACE European Group (ACE) has promoted Wayne Harrington to UK & Ireland Manager, Environmental Risk and appointed Iain Harrison as Environmental Risk Underwriter, as part of the ongoing strategy to grow its environmental liability business and further support brokers in the market.

Harrington will be responsible for providing strategic underwriting direction for the environmental risk business across the UK and Ireland, including product innovation and distribution development. He launched ACE’s Environmental Risk unit in 2005 with Karl Russek, who has taken on a Global role as Senior Vice President, Environmental Risk for ACE Overseas General. Harrington joined ACE in October 2004 as Vice President in the Financial Solutions International unit and was previously with Marsh Limited.

ACE has also announced the appointment of Iain Harrison as Environmental Risk Underwriter. Harrison brings a wealth of environmental expertise, having joined the company from Mott MacDonald Ltd’s environmental consultancy team, specialising primarily in contaminated land, industrial permitting and environmental impact assessment. Harrison has a degree in Environmental Science and a Masters degree in Environmental Law.

Commenting on future opportunities for ACE, Harrington, said: “ACE Environmental Risk has already established itself with an excellent reputation for providing expert advice and underwriting skills in this growing market. The expanded team will be ideally placed to maximise new product opportunities in the UK and Ireland markets and offer brokers tailored support and underwriting to optimise their growth potential.”

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 30 European countries and affiliates in Egypt, Bahrain, Pakistan, Russia and South Africa.

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 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