Ace launches middle market solutions
Ace has continued to build its position in the middle market segment in Continental Europe with the launch of Ace Middle Market Solutions.
The launch follows Ace’s research during 2014 which shows that some 80 percent of Continental European brokers believe their middle market clients will expand internationally over the next two years and beyond. It also indicates that many middle-market brokers are keen to build more strategic, longer-term relationships with their insurer partners.
The proposition will be rolled out initially in France, Germany and Italy before being extended to other Continental Europe markets later in the year.
Patricia Goudarzi, sales and distribution director for Continental Europe at Ace, said: “At Ace, we want to build long-term relationships with intermediaries who share our values and who aim to serve their middle market clients with the same dedication that larger buyers usually receive.
“We are confident that Ace Middle Market Solutions can help drive this to our mutual benefit, by giving broker partners full access to our market-leading multinational capabilities and by providing dedicated relationship managers for the middle market across our extensive local branch network.”
Jeff Moghrabi, regional president, Continental Europe at Ace, added: “At Ace, we have been investing in and building our middle market proposition across the key countries of Continental Europe for many years and we recognise the critical importance of the broker for clients in this segment.
“The launch of Ace Middle Market Solutions represents a natural evolution in our programme of investment, and a reflection of the changing multinational and servicing needs of this important and sometimes underserved segment.”
