ACE News

ACE Report Cautions Multinationals About Rising Professional Indemnity Risks

Increasing numbers of international firms are being exposed to the risk of professional negligence, misrepresentation, or breach of duty claims when operating both at home and abroad, according to a report published by ACE Group. There are increasing numbers of …

ACE Appoints New Country President for Vietnam

ACE Group announced the appointment of Dang Hoang Tung as its new country president for its general insurance operation in Vietnam, effective June 29. Dang succeeds Christopher Twomey, who will return to the U.S. to take up a role in ACE’s Risk …

ACE Names Skoro as Head of Distribution, Sub-Saharan Africa

ACE Insurance South Africa announced that Milenko Skoro, head of sales and distribution A&H, has been promoted to the newly created role of head of distribution, Sub-Saharan Africa as the company continues to strengthen its insurance capabilities in the region. …

ACE Creates Asia-Pacific Unit to Service Captives, Complex Multinationals

ACE Group has created a dedicated and centralized unit in Asia Pacific in response to increasing demand from corporate customers to deliver tailor-made risk transfer and risk managed solutions. Based in Singapore, this unit will provide customized products and services …

ACE Launches General Liability Offering for Multinational Middle-Market Companies

ACE Group has launched a new insurance offering that combines domestic general liability coverage and international general liability coverage for U.S. middle-market companies that are expanding globally. The policy brings together underwriting of ACE Westchester, the company’s excess and surplus …

ACE Names Khoshabi as Managing Director, MENA; Dixon Named Special Adviser

ACE Group has promoted Mojgan Khoshabi to the role of regional managing director for ACE in the Middle East and North Africa, effective July 1. She will move to the new position from her current role as underwriting manager for …

ACE Promotes 4 in Global Marine Team, Including Williamson as EVP

ACE Group has appointed Andrew Williamson as its new executive vice president, global marine, for ACE Overseas General (AOG), effective July 1. In his new role, Williamson will have overall responsibility for the performance, development and future growth of ACE’s …

ACE Appoints New Country President for South Africa

ACE Group announced the promotion of Gary Jack, chief operating officer, South Africa, to the role of country president as it continues to grow its business in Africa. In his new role, Jack will be responsible for managing the performance, …

ACE Launches New Corporate Travel Proposition in Sweden

ACE Group has launched in Sweden its new corporate travel proposition ACE Business Class, as it continues to enhance its multinational offering for companies in the Nordic region. ACE Business Class provides comprehensive travel insurance cover by means of a …

ACE Appoints Kapoor as Terrorism & Political Violence Underwriter, UK & Ireland

ACE Group appointed Ashwin Kapoor as terrorism and political violence underwriter as it continues to invest in building its specialist insurance capabilities around the world. Reporting to Piers Gregory, terrorism underwriting manager, ACE Overseas General, Kapoor will be responsible for …