News Releases

ACE Extends Commercial D&O Offering into Lloyd's
Oct 16, 2008

LONDON--(BUSINESS WIRE)--ACE Europe (NYSE:ACE) has announced today that it has extended broker access to its market-leading Directors & Officers (D&O) portfolio by writing commercial D&O risks at Lloyds.

Commercial D&O is now available through the ACE Global Markets Syndicate 2488 at Lloyds for primary and excess covers on all commercial industry sectors, this will provide ACEs brokers and clients with the option of Lloyds capacity if required.

Tom Ielapi, Senior Underwriter, Directors and Officers at ACE said: Current market conditions show just how crucial access to responsive and strongly capitalised cover is for all businesses. Extending access to our D&O range through Lloyds is a further demonstration of ACEs commitment to supporting brokers and their clients when they need it most.

ACE will continue to write D&O business through its own Trading Floor at the Leadenhall Street, London office as well as its other UK regional offices.

Through its Lloyds syndicate ACE will offer

  • $35m dollar capacity for all worldwide territories (except US domiciled)
  • Licence in over 75 countries including the Cayman Islands, Bahamas, British Virgin Island
  • Primary and excess capacity
  • Dedicated D&O team with many years experience in both Underwriting and Claims

Members of the ACE Commercial D&O team will be located on the ground floor at Box 44a on extension 8280. Underwriters will be available from 11.00 to 13.00 in the morning and 14.45 to 17.00 in the afternoon.

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 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 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

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), the ACE Group conducts its business on a worldwide basis with operating subsidiaries in more than 50 countries. Additional information can be found at:


ACE Europe
Katie Weeks, Communications Manager
+ 44 (0) 20 7173 7585