LONDON--(BUSINESS WIRE)--
ACE Global Markets, the London-based wholesale insurance division of ACE
Group, today announced that it will offer increased capacity of up to
US$100 million for clients seeking fine art and specie insurance
coverage as client demand for this type of cover grows.
Jason Roe, Specie Product Head, ACE Global Markets (Photo: Business Wire)
The ACE Global Markets fine art and specie team provides innovative
insurance solutions for art, general specie, cash in transit and
jeweler’s block for clients worldwide, underwritten through the London
market. Recently, the team has been increasingly successful in marketing
ACE’s multinational capabilities to brokers and clients and has
appointed a fifth specialist underwriter, Gemma Bartlett, to join its
well-established London-based team in response to growing client demand.
Jason Roe, Specie Product Head, ACE Global Markets said: “Our increased
capacity and the investment in additional underwriting capability
including Gemma reflect our growing appetite in this specialist area of
fine art and specie insurance. Clients turn to the London market for
innovative solutions, and over the years, ACE has built an enviable
reputation for responding to their evolving requirements. As the needs
of our clients become increasingly international, ACE is one of the few
players with the capital base, network, claims and underwriting
expertise to provide comprehensive sophisticated solutions.”
-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.
ACE UK & Ireland’s five regions are:
· Ireland (Dublin and Belfast) · Scotland (Glasgow, Aberdeen) · The
North (Leeds, Manchester, Newcastle) · Midlands (Birmingham) · London
and South East (London, Maidstone, Reading, Watford)
Additional information can be found at: www.acegroup.com/uk
Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20150422005033/en/
Source: ACE Group