News Releases

LONDON--(BUSINESS WIRE)--ACE (NYSE:ACE) has announced the appointment of two new Senior Underwriters in its Glasgow branch.

Julie Dolla joins as Senior Property Underwriter from Zurich where she was a Property Underwriter within the corporate team. Julie is responsible for managing ACE’s property account in Scotland and is looking to expand the company’s distribution channels within the market.

Julie has 10 years experience of underwriting property risks, including a period spent working in the Australian insurance sector.

Gordon Knox joins as Senior Casualty Underwriter. He is responsible for managing and further developing ACE’s casualty account in Scotland. He previously spent eight years at AIG, including four of those as a Senior Casualty Underwriter within the Liabilities Division covering both Scotland and Northern Ireland.

Commenting on the new appointments Gordon Scouller, Regional Manager for ACE in Scotland said: “I am delighted to welcome Julie and Gordon to ACE as we develop our presence in Scotland. We are extremely well positioned to continue our excellent levels of service to brokers and clients and further grow our business in Scotland during 2008 and beyond.”

Notes to Editors

In February 2008, Underwriters based in ACE’s Glasgow branch office relocated into the company’s larger Broomielaw office which houses the centralised service centre for much of ACE European Group's business.

Underwriting, policy registration, document issuance, premium collection and claims processing is all undertaken at the Broomielaw office.

The Broomielaw office opened in August 2006 and quickly grew from two to 200 staff by the year end. Premium booked by the teams in Broomielaw amounts to around $1.5bn, and there is a print and fulfilment centre which produces on average 25,000 business packs per month.

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 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 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