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October 06, 2015 2:13 AM ET


Company Overview of ACE European Group Limited

Company Overview

ACE European Group Limited provides commercial insurance and reinsurance services for multinational corporations and local businesses, companies and affinity groups, insurers, and individuals primarily in Europe, the Middle East, and Africa. The company offers property and casualty, accident and health, life, and specialty personal lines insurance solutions. Its products include property, primary and excess casualty, financial lines, surety, marine cargo, aviation, energy, political risks, excess and surplus risks, and construction related risks. The company also underwrites an accident and health and travel insurance portfolio, which provides benefits and services to individuals, employee g...

100 Leadenhall Street

London,  EC3A 3BP

United Kingdom

Founded in 1973

1,210 Employees


44 20 7173 7000


44 20 7173 7800

Key Executives for ACE European Group Limited

Chief Executive Officer, President, Executive Director and Chairman of Investment Committee
Chief Financial Officer, Executive Director and Member of Investment Committee
Age: 55
Senior Vice President of Operations and IT
Chief Executive Officer for Australia and New Zealand
Executive Director, Chairman of ACE Tempest Re Europe and Division President of ACE Global Markets
Compensation as of Fiscal Year 2015.

ACE European Group Limited Key Developments

ACE European Group Wins Multiple Awardees Contract for Insurance Services

ACE European Group has won a multiple awardees contract award from Solihull Metropolitan Borough Council to provide insurance services (Accident and Health) (Contract Award Notice No.: 2015/S 147-272003; Lot No.: 3). The lowest offer is GBP 13.5 million and the high offer is GBP 30 million (excluding VAT). The new Framework, effective 01 September 2015 for 3 years with 1 x 2 year extension option will again enable the provision of insurance including; Property, Liability, Contract Works, Personal Accident, Travel, Legal Expenses, Motor, Terrorism, Fidelity Guarantee, Professional Liabilities and Engineering Insurance /Inspection for educational establishments with Academy status, or that may achieve Academy status during the lifetime of the Framework Agreement.

ACE European Group Limited Presents at The Future of General Insurance 2014, Nov-18-2014 through Nov-20-2014

ACE European Group Limited Presents at The Future of General Insurance 2014, Nov-18-2014 through Nov-20-2014. Venue: London, United Kingdom. Presentation Date & Speakers: Nov-18-2014, Craig Parfitt, Head of Analytics & Management Information for Accident and Health Business - Europe, The Middle East and Africa (EMEA).

ACE Launches ACE Business Class to Help EMEA Businesses Manage Their Growing Employee Travel Risks

ACE European Group announced the launch of its new business travel proposition ACE Business Class, as it further invests in helping corporate clients manage their growing multinational risks. ACE Business Class provides comprehensive travel insurance cover combined with medical and travel assistance services. As part of ACE's commitment to innovation, the new proposition also offers eligible companies cover and security services for kidnap and ransom events, a risk of increasing concern for business travellers, particularly when visiting regions with higher security or political risks. The new proposition has been designed to cover a wide range of "traditional" business risks while meeting the bespoke needs of companies with different risk profiles. For example, ACE Business Class covers longer-term overseas assignments, staff relocation and occupational accidents and can be structured as a multinational programme designed to ensure compliance with local regulations in multiple jurisdictions, features which are not typically available as standard for businesses in the EMEA region. For the first time, ACE Business Class also provides clients across the EMEA region with access to a security hotline, which is available to policyholders 24/7, 365 days per year, as well as a wide range of additional security services such as daily reports on risk-related events, employee tracking and location threat assessments. Key benefits of ACE Business Class include:- 24/7 insurance and assistance coverage for travel anywhere outside of the home country or the country of permanent assignment. - Medical expense cover for doctor visits and in-patient treatment for emergencies or serious injury. - Kidnap and ransom cover of up to EUR 150,000 per event for eligible companies. - Emergency medical transportation. - Security evacuation covering a wide range of risks, including political and social unrest, terrorist attack or natural disaster. - Trip interruption benefits covering accident and sickness. - Lost or damaged baggage, passports or other travel documents. - Other optional benefits for travel related risks.

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