ACE Bermuda launches Nordic D&O line

ACE Bermuda International has launched a directors and officers (D&O) policy aimed at protecting the personal assets of executives and board members of Nordic companies.

The policy, ACE NorDIC, was designed to complement the company’s existing D&O offering provided locally through ACE’s network of offices in the region.

“It represents another step in the company’s strategy to provide market-leading liability solutions and superior service for public and private multinational organisations and middle market clients along with targeted offerings for SMEs,” said ACE.

David Gutteridge, professional lines manager of ACE Bermuda International, said: “ACE NorDIC’s comprehensive coverage coupled with ACE’s financial strength and multinational proposition ensure directors and officers can focus on effectively and efficiently managing their companies with the security of knowing that they are ACE insured.”

Jonathan Boyd-Wallis, senior underwriter, professional lines, ACE Bermuda International, added: “With separate polices available for Sweden, Norway, Denmark and Finland, the breadth of coverage in the ACE NorDIC product offers a significant breakthrough in personal asset protection from the liabilities invariably threatening directors and officers.”