ACE European Group News

ACE Appoints Two Senior Leaders in European Management Team

ACE Group announced two appointments within its European management team, with immediate effect. Drazen Jaksic, currently executive vice president for Combined Insurance in Europe and Asia Pacific, has been appointed to the role of senior vice president, Accident and Health …

Technology, Supply Chain & Regulation Top ACE Europe’s List of EMEA Risks

A list, compiled by the ACE European Group, sets out the “new wave of interrelated, fast-changing risks, reflecting rapid changes in the global economic landscape and the increasing role of technology and multinational expansion as growth drivers, tops the list …

ACE’s 10 Tips to Help Brokers Place Effective Multinational Insurance Programs

When ACE Group last month launched ACE Multinational Partner, a package cover for UK & Ireland-based companies with one or more overseas subsidiary, it discovered that brokers were concerned about lack of knowledge and expertise in placing complex multinational programs. …

ACE Appoints Scott-Young as Claims Director for Continental Europe

ACE Group has appointed Tim Scott-Young as claims director for its Continental Europe region. Relocating to Paris, Scott-Young will be responsible for delivering effective and customer-focused claims management across ACE’s 17 country operations in Continental Europe, including its Central and …

ACE Group Warns UK SMEs About Higher Fraud Risk in 1st Quarter

Fraud cases are on the rise and the profile of fraudsters is changing to include more young individuals seeking to fund extravagant lifestyles, according to ACE Group. As pressure on bank balances grows after the traditional Christmas excesses, ACE warns …

Best Revises Outlook to Positive, Affirms Ratings of ACE European Group Ltd.

Following its ratings report for the ACE Ltd. Group, A.M. Best Europe – Rating Services Limited has revised the outlook to positive from stable and affirmed the financial strength rating of ‘A+’ (Superior) and the issuer credit rating of “aa” …