News Releases

ACE Makes Senior Appointment in Its Corporate Risks Team
Nov 18, 2011

LONDON--(BUSINESS WIRE)--ACE is pleased to announce the appointment of Carolyn Hamilton as Regional Development Manager for Corporate Risks from 5th December 2011.

Ms Hamilton is well known in the industry and has had a highly distinguished career, most recently with Chubb Insurance, where her role was UK Regions Manager. Prior to this she was with Independent Insurance and General Accident.

Of particular relevance to ACE, is Carolyn’s considerable experience in the regional insurance environment and her strong broker relationships. A significant part of this newly created role will be to work with ACE’s regional branch network to strengthen broker relationships and progress ACE’s distribution strategy.

Ms Hamilton is known to many within the ACE business and she will report to ACE Director of Corporate Risks, Pat Drinan.

Drinan said of the appointment: “Carolyn is well respected amongst the broking community because of her commitment and understanding of what brokers need. Her experience and insight will be invaluable in the advancement of ACE’s bespoke approach to regional brokers”.

Ms Hamilton added: “ACE is a premier insurer in the UK and Ireland insurance markets and this is a fantastic opportunity for me to utilise my experience to deliver their impressive proposition to UK and Ireland brokers”.

Carolyn Hamilton’s appointment adds significantly to the long-standing presence of ACE in the UK and Ireland regions where it has a network of 11 branches. It forms part of a broader strategy to work more closely with our existing and new broker partners to meet the growing needs of their clients.

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 Risks 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

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50077186&lang=en

Contact:

Grayling
Alistair Scott
+44(0)207-932-1850
Alistair.scott@grayling.com