ROTTERDAM, Netherlands--(BUSINESS WIRE)--
ACE Group today announced the launch of a suite of surety products in
its Benelux region and the appointment of Björn Eding as Surety
Underwriting Manager, as it continues to expand its surety capabilities
in Continental Europe.
Supported by its global network, ACE will offer a range of surety
products for clients based in the Netherlands, Belgium and Luxembourg,
including:
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Contract bid, performance and advance payment bonds
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Customs bonds
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Bonds to secure legal/regulatory obligations
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Bonds to appeal adverse tax-related and civil judgments
Björn Eding will be responsible for the growth and development of ACE’s
surety capabilities in Benelux and support the continued development of
ACE’s European surety offering. Björn has over 17 years of
experience in the surety, real estate and banking industries and joins
ACE from Nationale Borg, the largest independent surety company in the
Netherlands, where he was Principal Relationship Manager and Head of
International Clients. He holds a master’s degree in law from the
University of Groningen. He takes up this newly-created role with
immediate effect and will be based in Rotterdam.
Ron Verhulsdonck, Country President for ACE in Benelux, said:
“The addition of surety to our portfolio underlines our commitment to
providing a broad proposition for our most significant clients. Björn is
one of the most experienced surety professionals in the Netherlands and
the wider Benelux region. His great knowledge of the market will help us
provide superior cover to the increasing number of companies in Benelux
that are seeking alternative credit lines.”
Luc Reuter, Senior Vice President and Head of Surety for ACE in Europe,
said:
“The expansion of our surety offering in Europe has been welcomed by
both brokers and reinsurance partners. The launch of our surety
proposition in the Benelux is the next natural step in our strategy
since 2012, and addresses the rising needs of successful companies
exporting abroad. ACE’s AA rating, global presence and great
underwriting expertise give us a strong platform to grow our offering.”
ENDS
About ACE:
ACE Group is one of the world’s largest multiline property and casualty
insurers. With operations in 54 countries, ACE provides commercial and
personal property and casualty insurance, personal accident and
supplemental health insurance, reinsurance and life insurance to a
diverse group of clients. ACE Limited, the parent company of the ACE
Group, is listed on the New York Stock Exchange (NYSE: ACE) and is a
component of the S&P 500 index.
Visit www.acegroup.com/eu
Source: ACE Group