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LONDON--(BUSINESS WIRE)--ACE has responded to the success of its UK Corporate Risk regional strategy with the opening of larger premises in Watford to meet the growing demands and needs of local brokers.

The availability of its suite of specialist multi-line products such as ACE Hotel,ACE Retail and ACE Evolve for mid-corporate multinational businesses, and its strong regional presence providing direct access to expert underwriters, has been well received by brokers. The expansion reflects ACE’s desire to target more brokers and deliver superior support for their larger accounts.

Jon Houghton, Regional Manager Corporate Risks, Southern Region for ACE, said: “The move is evidence of our regional strategy in action and working. While some insurers are relocating support structures back into London, ACE is actively growing its presence. This is in no small part due to the expertise and talent of our locally-based underwriters who are committed to meeting the needs of our broker partners and clients.”

Houghton continued: “Watford, along with our 10 other regional offices, provides brokers with a truly local service that means we can better anticipate and manage risk.”

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About ACE

ACE is well known for its experience and expertise in catering for medium to large clients worldwide. In the UK & Ireland ACE is structured into two core segments:

The Corporate Risk segment provides property, casualty, accident & health and other specialty insurance products. Target clients are broadly defined as those with turnovers of more than £5m and 50 plus staff with conventional insurance programme requirements.

The Major Risks segment provides property, casualty, accident & health and other specialty insurance products. Major Risks clients are broadly defined as companies with a turnover of greater than £500m and employing a full time global risk manager requiring non-conventional insurance programmes.

ACE UK & Ireland’s five regions are:

• Ireland (Dublin and Belfast)
• Scotland (Glasgow)
• The North (Leeds, Manchester, Newcastle)
• Midlands (Birmingham)
• London and South East (London, Maidstone, Reading, Watford)

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), a component of the S&P 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.acegroup.com

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