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LONDON--(BUSINESS WIRE)--Specialty international insurer, ACE Global Markets (AGM) has today announced key appointments as part of a restructuring of its Marine team in London.

Mike Reynolds has been promoted to Class Underwriter for the Marine Hull and Marine Liability Account. Mike was formerly Deputy Hull and Yacht Underwriter for AGM and the Marine Manager for the UK & Ireland. He will be responsible for the performance of the Marine Liability, Hull, Yacht and War classes and report to Andrew Williamson, AGM Product Line Head.

James May joins AGM as Deputy Marine Hull and Liability Underwriter. James was previously with Hiscox Underwriting for seven years where he held roles within their Marine Hull, Cargo, Liability and Reinsurance departments. Prior to Hiscox, James worked for Price Waterhouse Coopers.

Peter Jerman joins as Yacht Underwriter in the Marine Hull team. Peter was previously with RFIB, the international Lloyd’s insurance and reinsurance broker, where he was a Marine Hull and War placement broker before specialising in Yacht business. Prior to RFIB he worked for Besso in their Marine department.

David Kirk has been promoted to the position of Deputy Cargo Underwriter and will also continue to assist on the AGM Specie account. David joined ACE five years ago and has worked within the marine department initially as Specie Underwriting Assistant and then on the Specie and Cargo product lines.

Michael Southgate has joined AGM to assist Jason Roe, Fine Art and Specie Underwriter, in underwriting the specie account. Mike was previously with Heath Lambert Limited where he was an Account Executive dealing with a worldwide book of Jewellers’ Block, Cash in Transit and general Specie accounts. He also placed a number of large Fine Art risks.

Andrew Williamson, AGM Marine Product Line Head, commented: “These appointments demonstrate our ongoing commitment to the marine market. The team provides a range of skills and expertise that will further enhance our service and the delivery of first class underwriting to our clients.”

PICTURE: Left to right - Michael Southgate, Peter Jerman, David Kirk and James May

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

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

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