ACE : Creates New Head of Claims Role for Eurasia and Africa

LONDON--(BUSINESS WIRE)--ACE Group today announced the creation of a new regional head of claims role for its Eurasia and Africa region and the promotion of Stephen Crabb, currently Political Risk and Energy Claims Manager for ACE European Group, to the position. The appointment reflects ACE's continued focus on building its management and service capabilities within its newest geographical business region.

Stephen will be responsible for managing ACE's claims operations across all business lines in the Eurasia and Africa markets. He will provide regional leadership, guidance and direction to ensure the company's claims structure is best-in-class across the region and is aligned to customers' needs.

He will continue to be based in London, reporting to Peter Murray, Claims Director for Europe, Eurasia and Africa with an additional reporting line to Giles Ward, Regional President, Eurasia and Africa. The appointment is effective immediately.

Having previously worked as a claims manager at Beazley for three years, Stephen joined ACE in January 2011 in his current role. Prior to this he worked as a solicitor for 13 years, specialising in insurance law.

Giles Ward, Regional President, Eurasia and Africa at ACE Group, said:

"The creation of this role represents the continuing evolution of ACE's newest business region. It highlights the importance we place in providing superior claims service to our growing emerging markets clients. Stephen's extensive insurance experience equips him well in this important new role to lead claims across Eurasia and Africa."

ENDS

About ACE:

ACE Group is one of the world's largest multiline property and casualty insurers. With operations in 54 countries, ACE provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. ACE Limited, the parent company of the ACE Group, is listed on the New York Stock Exchange (NYSE: ACE) and is a component of the S&P 500 index.

Visit www.acegroup.com/eu