ACE European Group Appoints Duncan Green to Lead UK and Ireland Accident and Health Business

Reporting to ACE European Group’s Senior Vice President for Accident & Health, Andy Hollenberg, Green will now oversee all UK and Ireland activity for the leading global insurer, taking over from Alan Stokes. Stokes has returned to a regional role after successfully leading the UK and Ireland business over the past year.

Previously Green held the position of Head of Compliance for ACE European Group Ltd. Prior to that he led a practice at a multinational brokerage and has experience in brand management gained within a leading consumer marketing organisation.

Commenting on Green’s appointment, Hollenberg said: "We have a significant Accident and Health business in the UK and Ireland. We see opportunities to move the business forward and we aim to maximize available opportunities notwithstanding the economic and regulatory realities. I can’t think of a person with a better combination of experience and creative ability to lead us on this journey.”

Green commented: "I am very much looking forward to taking the UK and Ireland Accident and Health business to the next level, in what will be challenging but exciting times. 2012 looks set to be an interesting year for ACE European Group with the new customer focused propositions we are launching in the first half of next year. We are confident that the breadth and range of our products, coupled with market-leading support services for our customers will shine through across all of our business lines: corporate, travel and individual.”

About ACE

ACE is well known for its experience and expertise in catering for medium to large clients worldwide. In the UK & Ireland ACE is structured into two core segments:

The Corporate Risks segment provides property, casualty, accident & health and other specialty insurance products. Target clients are broadly defined as those with turnovers of more than £5m and 50 plus staff with conventional insurance programme requirements.

The Major Risks segment provides property, casualty, accident & health and other specialty insurance products. Major Risks clients are broadly defined as companies with a turnover of greater than £500m and employing a full time global risk manager requiring non-conventional insurance programmes.

ACE UK & Ireland’s five regions are:

·Ireland (Dublin and Belfast) · Scotland (Glasgow) · The North (Leeds, Manchester, Newcastle) · Midlands (Birmingham) · London and South East (London, Maidstone, Reading, Watford)

ACE European Group is part of the ACE Group, a global leader in insurance and reinsurance serving a diverse group of clients. Headed by ACE Limited (NYSE:ACE), a component of the S&P 500 stock index, the ACE Group conducts its business on a worldwide basis with operating subsidiaries in more than 50 countries. ACE’s core operating insurance companies – including ACE European Group Limited – hold financial strength ratings of AA- (Very Strong) from Standard & Poor’s and A+ (Superior) from A.M. Best.

Visit www.acegroup.com/uk