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Ace Europe extends environmental risk capabilities into Lloyds

Ace's suite of environmental products is available through Ace Global Markets Syndicate 2488

Ace Europe, a provider of property and casualty, accident and health and personal lines solutions, has announced that it is extending its environmental risk capabilities by writing the company’s portfolio of environmental liability products at Lloyd’s.

Ace’s suite of environmental products is now available through Ace Global Markets Syndicate 2488. Capacity to a maximum of $30 million can be offered per risk for all worldwide territories, including the U.S.

In addition to Lloyd’s, Ace offers brokers access to its environmental liability portfolio at the company’s own trading floor in Leadenhall Street, London and through its regional network of 11 offices.

Wayne Harrington, environmental risk manager for UK and Ireland, said: Utilising our Lloyd’s capacity further demonstrates Ace’s global commitment to the environmental insurance business. This move facilitates broker access to our range of environmental liability products at a time when they need a flexible, financially strong insurer more than ever.

Having a Lloyd’s presence further enhances the efficiency and effectiveness of our solutions and their distribution, particularly for international risks and the global programmes we offer multinational clients.

William Hazelton, senior vice president of environmental risk at Ace, said: Ace takes every opportunity to provide easier access to its products and services and broaden its online capabilities. We’re pleased to bring our innovative solutions to the environmental insurance market.