Hamilton, Bermuda, 30th July 2002 - ACE European Markets Insurance Limited (AEMI), the Dublin, Ireland based subsidiary of ACE Bermuda Insurance Ltd. (ACE Bermuda) is pleased to announce the appointment of Laila Hougaard as Vice President, Professional Lines in its branch office in London, England.
Laila joins AEMI from another ACE group operation, ACE Europe, where she served as European Underwriting Manager, Directors and Officers.
James Hooban, Managing Director of AEMI, commented: "Laila is a highly regarded professional in the financial lines market, and in view of her extensive European experience, ideally placed to take our existing technical strength and commitment to financial lines to a new level. Laila's addition to our staff further expands the commitment of ACE European Markets to Europe based underwriting. The addition of financial lines including professional liability and directors and officers cover to our local product base will significantly enhance our responsiveness to our customers".
ACE European Markets Insurance Limited (AEMI) is the Dublin based subsidiary of ACE Bermuda Insurance Ltd., the Bermuda based subsidiary of ACE Limited (NYSE:ACE). AEMI offers ACE Bermuda's insurance products and services to European clients through underwriters in Dublin, Ireland and a branch office in London, England. The ACE Group of Companies provides insurance and reinsurance for a diverse group of clients around the world. Additional information can be found at: www.acelimited.com.