PARIS--(BUSINESS WIRE)--
ACE Group today announced the launch of ACE Middle Market Solutions, an
enhanced proposition for brokers and clients, as it continues to build
its position in the middle market segment in key Continental Europe
insurance markets.
The launch follows ACE’s research during 2014 which shows that some 80%
of Continental European brokers believe their middle market clients will
expand internationally over the next two years and beyond. It also
indicates that many middle-market brokers are keen to build more
strategic, longer-term relationships with their insurer partners.
ACE Middle Market Solutions has been designed to respond to these market
needs and will incorporate:
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Access for the first time to ACE’s range of multinational
capabilities, including its global network, local regulatory and
compliance know-how and the ACE Worldview technology portal, for key
middle market broker partners;
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Dedicated middle market experts on hand in core markets across ACE’s
local branch network, providing defined points of contact for brokers
for their relationship management, underwriting and claims needs;
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Increased insight for brokers on ACE’s risk appetite for the middle
market segment by country, industry and line of business, along with
access to educational and technical support on emerging risks for
brokers and their middle market clients, where they want it.
The proposition will be rolled out initially in France, Germany and
Italy before being extended to other key Continental Europe markets
later in the year.
Patricia Goudarzi, Sales and Distribution Director for Continental
Europe at ACE, said:
“At ACE, we want to build long-term relationships with intermediaries
who share our values and who aim to serve their middle market clients
with the same dedication that larger buyers usually receive. We are
confident that ACE Middle Market Solutions can help drive this to our
mutual benefit, by giving broker partners full access to our
market-leading multinational capabilities and by providing dedicated
relationship managers for the middle market across our extensive local
branch network.”
Jeff Moghrabi, Regional President, Continental Europe at ACE, said:
“At ACE, we have been investing in and building our middle market
proposition across the key countries of Continental Europe for many
years and we recognise the critical importance of the broker for clients
in this segment. The launch of ACE Middle Market Solutions represents a
natural evolution in our programme of investment, and a reflection of
the changing multinational and servicing needs of this important and
sometimes underserved segment.”
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