News Releases

ACE Appoints Technology & Cyber Liability Underwriter
Jan 9, 2010

LONDON--(BUSINESS WIRE)--ACE European Group (ACE) (NYSE:ACE) has announced the appointment of Iain Ainslie to the role of Technology and Cyber Liability Underwriter. The move is another part of ACE’s commitment to enhancing its service offering and presence in this sector.

Based in London, Iain will be responsible for underwriting technology and cyber liability business in the UK, Ireland and North America. Iain will work with national and overseas brokers to bring awareness of technology and cyber risk to their clients, and help ensure those clients have adequate protection in the event of a breach or failure in their IT systems.

Iain will report to Trevor Ormes, Product Head Financial Lines. Commenting on Iain’s appointment Trevor said: “We are focused on establishing specialty technical knowledge in this continually evolving arena. Iain’s knowledge will enable ACE to build technology and cyber liability underwriting capabilities throughout the organisation. With technology playing an ever greater role in business, more brokers are keen to ensure their clients are adequately protected”.

Iain has worked in the London Insurance Market for over 24 years, 21 of which were within information technology. Iain’s experience covers application development, project management, infrastructure, security, consultancy and IT management.

About ACE

Part of the ACE Group, 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 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: www.acelimited.com

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Contact:

Concise PR
Alex Wise
+44 (0)20 7100 3960
alex@concisepr.com
or
Katie Weeks, Communications Manager
+ 44 (0) 20 7173 7585
katie.weeks@acegroup.com