News Releases

ACE Builds Travel Insurance Business with Appointment of New Regional Director
Feb 19, 2010

LONDON--(BUSINESS WIRE)--ACE European Group (ACE) (NYSE:ACE) has announced the appointment of Chris Price to the newly created role of Regional Director of Travel Insurance for the EMEA (Europe, Middle East and Africa) region.

In this new role, Chris will work with ACE’s travel teams across EMEA to provide strategic direction in order to grow the company’s travel insurance business through a number of distribution channels including brokers, partnerships, banks/institutions and online.

Chris brings significant travel insurance experience to ACE, having worked in the industry since 1990. He joins from RBS (Royal Bank of Scotland) where he was Head of Travel and Animal Health insurance, working across the company’s well known UK direct brands including Direct Line and Churchill, as well as a number of its partnership brands. He will report to Andy Hollenberg, Senior Vice President, Accident & Health/Personal Lines/Life.

Comments Chris: “ACE already has significant experience in the travel insurance market with a diverse portfolio and technical underwriting expertise. I am looking forward to building on its existing success.”

Commenting on the appointment, Andy Hollenberg, said: “Chris’ appointment presents an exciting opportunity for our travel business. We believe this sector offers significant growth potential and Chris’ experience will be highly beneficial both to our travel team and to our travel insurance clients. We are delighted to welcome him to ACE.”

Celebrating 25 years of insuring progress, 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

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6183064&lang=en

Contact:

Concise Public Relations
Alex Wise
+44 (0)20-7100-3960
alex@concisepr.com
or
ACE Communications Manager
Katie Weeks
+44 (0)207-173-7585
katie.weeks@acegroup.com