ACE Group, a multiline property and casualty insurer, has introduced a suite of surety products for the Italian market, in an effort to continue expansion of its international capabilities in the Continental Europe region.
Supported by the company's global network, the new portfolio will feature contract bid, performance and advance payment bonds, vat and customs bonds, as well as bonds to secure payment and legal/regulatory obligations, and appeal adverse tax-related and civil judgements.
The company has also appointed Edoardo Sacchi as Surety Underwriting Manager, with immediate effect, to grow and develop its surety capabilities in Italy, and support continued development of its European surety offering.
Operating from Milan, Sacchi will report to Luc Reuter, senior vice president and head of Surety, Europe.
Sacchi holds over 25 years of experience in surety and has recently worked at Zurich Insurance as Head of Surety for Italy.
Reuter said, ''Our move in to Italy is a natural extension of the successful strategy we began last year.''
ACE Group Country Italy president Orazio Rossi said, ''The addition of surety to our portfolio underlines our commitment to providing a broad proposition for our Italian clients.''
Share:
Latest News Liberty International introduces new policy for marine businesses General Insurance > Commercial lines > News Health Insurance Innovations unveils HIIQuote's new Options Page General Insurance > Personal Lines > News Nationwide selects DocuSigns for new insurance policies, account changes and claims Intermediaries > Brokerage > News Zurich Insurance Q1 2013 profit down by 7% Life Insurance & Pensions > News Eastern Alliance and Westfield Insurance form new multi-line captive program News Related News Related SectorsRelated Dates
2013> May
Related Industries
Financial Services> Insurance> Non-Life Insurance> Commercial Insurance> Surety, Bonds & Credit
Comments Post a comment
Comments may be moderated for spam, obscenities or defamation.
Select a Insurance sector ------------------------ Commercial Lines Personal Lines Claims Insurer ------------------------ Life Insurance & Pensions ------------------------ Brokerage Underwriting London Lloyds ------------------------ Reinsurance ------------------------ Technology in Insurance Outsourcing ------------------------ Regulatory & Risk News Related Insight Suppliers Directory Spotlight Suppliers By Sector A-Z Kofax - Increasing the Value of Information for Insurance Organisations and Customers Kofax enables insurance companies to optimise mission critical processes, such as claims processing, records management, accounts payable, customer service, and more, resulting in increased operational efficiency, reduced cost and risk, improved customer service and cash management, by delivering an enterprise capture platform to automate document driven business processes. Suppliers Initiate Systems - Master Data Management Initiate Systems is a recognised leader in master data management (MDM) solutions. Our software provides a comprehensive view of a customer, household, company, policy and other entities by accurately identifying relevant records across disparate sources. Suppliers Icon - Process Integrated Document Generation and Output Management Many years of project experience - mainly in the environment of the process-integrated document creation - led to the development of the DOPE product suite in 1999, initially as an extension or rather as a replacement of the IBM text processing system ASF, which is used by major corporate clients. Suppliers Dataflux - Data Management Technology DataFlux enables business agility and IT efficiency by providing innovative data management technology and services that transform data into a strategic asset, helping you reduce costs, optimise revenue and mitigate risks. Suppliers
General Insurance Commercial Lines Personal Lines Claims Insurer
Life Insurance & Pensions
Intermediaries Brokerage Underwriting London Lloyds
Reinsurance
Technology Technology in Insurance Outsourcing
Regulatory & Risk # ABCDEFGHIJKLMNOPQRSTUVWXYZ
Intelligence Latest White Papers Latest Research It’s Imperative: A Data Governance Primer for Solvency II and Beyond Published by DataFlux White Papers Achieving Measurable Gains by Automating Claims Processing Published by Kofax White Papers Customer Centricity: The Key to Success in Retail Banking Published by Kofax White Papers The Top Ten Reasons to Automate Your Banking AP Processes Published by Kofax White Papers Buy the latest industry research online today! Deutsche Bank AG: Financial Services Company Profile, SWOT & Financial Report
ICD Research's "Deutsche Bank AG: Financial Services Company Profile, SWOT & Financial Report" is a crucial resource for industry executives and anyone looking to access key information about Deutsche Bank AGICD Research's "Deutsche Bank AG: Financial Services Company Profile, SWOT & Financial Report" report utilizes a wide range of primary and secondary sources, which are analyzed and presented in a consistent and easily accessible format. ICD Research strictly follows a standardized research methodology to ensure high levels of data quality and these characteristics guarantee a unique report. Reports Buy online from $125
Sign up for the latest IBR news and features as well as other industry newsletters.
IBR Website Usage About us Accessibility Advertise with us Contact us Help Privacy RSS feeds Site map Dining Club Browse By Sector Browse By Network Business Review Sites General Insurance IntermediariesTechnology Brokerage Claims Commercial Line Insurer Life Insurance and Pensions Londonlloyds Outsourcing Personal Lines Regulatory and Risk Reinsurance Technology in Insurance Underwriting
Auto Banking Clean Technology Drinks Energy Food Insurance Logistics Medical Devices Packaging Pharmaceutical Retail Technology Webinars © IBR 2010. Part of Progressive Digital Media Group Plc
No comments:
Post a Comment