Insurer wil continue to write directors' and officers' cover through London and regional offices
Ace Europe has extended broker access to its directors' and officers' (D&O) insurance 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 sectora. 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 offer:
- $35m dollar capacity for all worldwide territories (except US domiciled)
- Licence in over 75 countries including the Cayman Islands, Bahamas, British Virgin Island
- Primary and excess capacity
