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LONDON--(BUSINESS WIRE)--ACE (NYSE:ACE) has announced the appointment of Phil Skelton as Head of Transportation Risk Management for its Overseas General operations.

Skelton will be responsible for coordinating the delivery of the highest level of risk management services to ACE's clients and brokers throughout Europe, Middle East, Asia Pacific and Latin America. In addition, he will support the marine teams in ACE's international operations outside North America, including ACE Global Markets.

Commenting on the appointment, Peter Seymour - Executive Vice President, Marine for ACE Overseas General said: "Phil has played an integral role in positioning ACE as the leading provider of Project Cargo insurance and has acted in an advisory role to some of our major marine multinational clients.

“We see new opportunities in markets such as the Middle East and Latin America where there is investment in power, oil and gas projects requiring specialist marine insurance and risk management capabilities. Phil’s appointment will help us focus on providing the widest possible access to our risk management services and support our strategy to grow our multinational business.”

Phil has 22 years experience at ACE, working on multinational programmes for clients from a number of industries including pharmaceuticals, non ferrous metals, high tech electrical goods, luxury goods and heavy machinery. Phil is a Master Mariner and spent two years in ship management and operations and 14 years at sea with the Royal and Merchant Navies.

About 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), 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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