ACE Europe has announced today that it has extended broker access to its market-leading Directors & Officers (D&O) portfolio by writing commercial D&O risks at Lloyd’s.
Commercial D&O is now available through the ACE Global Markets Syndicate 2488 at Lloyd’s for primary and excess covers on all commercial industry sectors. This will provide ACE’s brokers and clients with the option of Lloyds capacity if required.
Tom Ielapi, Senior Underwriter, Directors and Officers at ACE said: “Current market conditions show just how crucial access to responsive and strongly capitalised cover is for all businesses. Extending access to our D&O range through Lloyd’s is a further demonstration of ACE’s commitment to supporting brokers and their clients when they need it most.”
ACE will continue to write D&O business through its own Trading Floor at the Leadenhall Street, London office as well as its other UK regional offices.
Through its Lloyd’s syndicate ACE will
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offer $35m dollar capacity for all worldwide territories (except US domiciled)
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be licenced in over 75 countries including the Cayman Islands, Bahamas, British Virgin Island
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provide Primary and excess capacity
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present a dedicated D&O team with many years experience in both Underwriting and Claims
Members of the ACE Commercial D&O team will be located on the ground floor at Box 44a on extension 8280. Underwriters will be available from 11.00 to 13.00 in the morning and 14.45 to 17.00 in the afternoon.