ACE European Markets Insurance Limited (AEMI) today announced the appointment of Stephen French to the position of Branch Manager of its London office. Mr. French will also retain his current responsibilities as Property Underwriting Manager for AEMI.
In his expanded leadership role, Mr. French will continue to develop AEMI’s property business and oversee the development of other lines of business within the London branch office. Mr. French, who was instrumental in the establishment of the office in December 2000, has led the growth of the company’s property business in the London market.
"We are preparing for further activity and expansion in our London branch office," commented Jim Hooban, Managing Director of AEMI. "Stephen's experience and remarkable accomplishments since establishing the branch office make him a great choice as a solid leader through this growth period, and I am delighted to announce his appointment."
Mr. French, who has over 20 years experience in the insurance industry, previously served as Senior Vice President in ACE’s International Representative Office in London. He joined ACE in 1995 from Chubb Insurance Company of Europe where he held the position of UK Manager of domestic and international property business. He previously held positions at American International Underwriters, Gerling Konzern and Phoenix Assurance Company. Mr. French obtained his ACII in 1981.
AEMI is a subsidiary of ACE Bermuda Insurance Ltd., a Bermuda-based member of the ACE Group of Companies. AEMI commenced operations in Dublin in 1997, and established its London branch office in 2000. AEMI is capitalized to US$100 million.
The ACE Group of Companies provides insurance and reinsurance for a diverse group of clients. The ACE Group conducts its business on a global basis with operating subsidiaries in nearly 50 countries. ACE Limited (NYSE:ACE) is the holding company of the ACE Group of Companies. Additional information can be found at: www.acelimited.com .