ACE promotes two in management and underwriting team

ACE Group has announced two promotions within its management and underwriting team in the UK and Ireland region.

Major risks casualty manager Mike Reid has been promoted to casualty product line manager, UK and Ireland. He will have responsibility for all aspects of the region’s casualty insurance business lines, including setting strategy and direction and ensuring profitable growth.

Based in London, Reid will report to David Robinson, regional president, UK and Ireland. He joined ACE 10 years ago from an insurance broker and has held a number of positions in casualty underwriting.

Senior casualty underwriter Stuart Brown has been promoted to casualty manager, major risks, reporting to Reid. In this role, he will have day-to-day responsibility for all casualty business within ACE’s major risks customer segment, including relationship management with key brokers and clients. Brown has 12 years of underwriting experience in the casualty insurance market, six of them with ACE.

The changes will take place with immediate effect.

ACE European Group chairman Andrew Kendrick (pictured) said: “Following our recent leadership announcements, these latest promotions reinforce our commitment to building a strong UK and Ireland team with the market knowledge and underwriting experience commensurate with our future ambitions for the business. They also bring the number of internal promotions in the region this month to five, highlighting the breadth and depth of talent that exists within ACE.”

UK and Ireland Retail chief operating officer Phil Sharpe said: “Thanks to our extensive underwriting expertise and unwavering focus on service, I believe ACE presents a compelling proposition for customers with casualty insurance needs. These appointments can only strengthen our offering. Mike and Stuart have a terrific understanding of casualty underwriting and a combined 25 years of industry experience between them. They are true experts in their field and I look forward to working closely with them in their new roles.”