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LONDON--(BUSINESS WIRE)--ACE today announces an innovative new partnership with IAM Drive & Survive, the commercial arm of the IAM (Institute of Advanced Motorists), to provide a bespoke fleet risk management package designed to reduce costs, improve risk assessment and promote overall road safety.

Companies who place their fleet insurance with ACE will now be offered assessment, consultation, and training from IAM Drive & Survive as an integral part of their coverage. At ACE’s expense, IAM Drive & Survive will first undertake a face-to-face “health check” that will enable companies to properly gauge the current risk of their fleet operations. ACE and IAM Drive & Survive will then assist in the development of a bespoke risk management proposition that ensures regulatory compliance, industry best practice and essential protection for staff.

IAM Drive & Survive head of training operations, Simon Elstow, said: “With around a third of all road accidents in the UK being work related, no company with a fleet of vehicles can afford to ignore the positive impact a sound risk management strategy can make.”

“By partnering with ACE, we can now provide companies with the opportunity to improve the safety of their employees whilst reducing the costs arising from accidents.”

Phil Myers, Casualty Risk Control Manager for ACE, said: “Even with conventional insurance in place, every accident results in additional avoidable costs incurred by the business such as non-delivery of goods and loss of goodwill, not to mention the costs of accident investigation. For this reason, ACE has designed this package to better meet client needs, taking material steps to improve training and implement systems which can reduce accidents and improve safety for everyone.”

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)

ACE European Group is part of the ACE Group, 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. ACE’s core operating insurance companies – including ACE European Group Limited – hold financial strength ratings of AA- (Very Strong) from Standard & Poor’s and A+ (Superior) from A.M. Best.

Visit www.acegroup.com/uk

About IAM Drive & Survive

IAM Drive & Survive is a leading commercial driver risk management provider and part of the IAM (Institute of Advance Motorists), a leading road safety charity with the sole aim of improving road safety for all. They have won many awards for their training including: the 2010 GreenFleet Award for ‘Driver Training, Company of the Year’, Winner of ‘Best Risk Management Company’ in the 2007 Fleet News Awards, Winner of ‘Best Service Supplier Overall’ and ‘Best Risk Management Provider’ in the BusinessCar Awards 2007, Winner of ‘Fleet Excellence Awards’ nine times in the last eleven years.

For information about IAM Drive & Survive training phone 0870 120 2910 or visithttp://www.iamdriveandsurvive.co.uk