News Releases

LONDON--(BUSINESS WIRE)--ACE has today announced the launch of its new International Energy Division, which will be led by newly promoted Matt Hardy in the position of Senior Vice President. Matt will continue to be based in London and report to Roger Giddings, Head of Global Energy.

Commenting on the changes, Roger Giddings, said, “The launch of ACE’s new International Energy Division is testament to ACE’s commitment to increasing its presence in the regional energy markets. ACE fully recognizes the importance of positioning underwriting talent, capital and capacity at a local level. This initiative will enable our clients and brokers to access ACE’s energy capabilities across all lines of business throughout Latin America, Asia Pacific, Europe and MENA.”

Matt Hardy joined ACE 15 years ago and has steadily progressed from Assistant Underwriter to Head of Onshore Energy to Chief Underwriting Officer, ACE Overseas General Energy. In his new role, Matt will lead efforts to increase ACE’s presence in the regions and enhance local access to ACE’s energy capabilities across the globe.

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.