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LONDON--(BUSINESS WIRE)--ACE today announced that two of its UK underwriting teams have earned Underwriting Service Awards from Post magazine. ACE received both the Commercial Combined (Larger Risks) Underwriting Team of the Year and Commercial Combined (Smaller Risks) Underwriting Team of the Year awards at an event held in London on 22^nd November at the Oval.

The Underwriting Service awards were based on objective input from over 1,300 UK commercial broking professionals, who were asked to grade the all-round professional calibre of underwriting teams at each insurer they've worked with during the previous 12 months.

Speaking in response to the awards, Pat Drinan, ACE’s Director of Corporate Risks, UK&I, said: “ACE prides itself on being first and foremost an underwriting company. The Underwriting Service Awards identify excellence by inviting feedback directly from the people we work closest with, the brokers. To have won awards for both the larger and smaller risk categories is a testament to the uniform strength of our underwriting teams and the high standards of service to which we hold ourselves.”

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. ACE Corporate Risks includes the ACEOnline division which is a proposition delivering best in class specialty products in an efficient manner combining great cover with responsive underwriting service.

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

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