April 23, 2014 11:17 PM ET

Insurance

Company Overview of ACE INA Insurance

Company Overview

ACE INA Insurance offers property, casualty, and life insurance products and services in Canada. The company provides inland marine, flood and earthquake, and business interruption insurance coverage for communications, transportation, non-residential real estate, metal, manufacturing, food and kindred products, hotels, retail, and wholesale markets. It also offers general liability coverage for manufacturing, commercial, and industrial risks; umbrella liability coverage on owned and non-owned automobile, watercraft, aircraft, professional liability, and employer's liability; and excess liability coverage. Additionally, the company provides management liability products for the general partn...

25 York Street

Suite 1400

Toronto, ON M5J 2V5

Canada

Phone:

416-368-2911

Fax:

416-594-2600

Key Executives for ACE INA Insurance

Country President
Chief Financial Officer
Chief Operating Officer and Senior Vice President
Executive Vice President and Chief Operations Officer of ACE Life
Division President of ACE Canada Property and Casualty and Chief Underwriting Officer
Compensation as of Fiscal Year 2013.

ACE INA Insurance Key Developments

ACE INA Insurance Ltd. Launches ACE Advantage Architects and Engineers Professional Liability Insurance

ACE INA Insurance Ltd. announced the launch of ACE Advantage Architects and Engineers(SM) professional liability insurance. This new product provides domestic and international coverage against the numerous perils faced by design professionals including, professional negligence, pollution incidents, and personal injury. The challenges faced by today's design professional have proliferated broadening contractual requirements, increased emphasis on sustainability, new developments in design technologies and heightened client expectations are but a few difficulties faced by professionals practicing in this industry. In addition to these challenges, any ensuing litigation can threaten a design professional's financial stability and carefully cultivated reputation. ACE Advantage Architects and Engineers Professional Liability Coverage Highlights; Complimentary pre-claims assistance; Broad professional services definition; Blanket additional insured status for all clients of named insured under contractor's pollution liability; Innocent insured's coverage; Joint venture coverage; Predecessor firm coverage; Automatic subsidiary coverage up to 90 days; Punitive damages with most favorable venue;Claims mediation credit up to $25,000; Supplemental coverage for insured expense reimbursement $300 per/day; Specific project excess limits; Worldwide territory.

ACE INA Insurance Ltd. Announces Executive Changes

ACE Group announced new leadership appointments in its Canadian operations. Andrew Hollenberg, Regional Senior Vice President, Accident & Health (A&H) and Life for ACE Europe, has been appointed Country President, ACE Canada (ACE INA Insurance Ltd.). In this position, Mr. Hollenberg will oversee ACE's property and casualty, life and accident and health insurance operations in Canada. Mr. Hollenberg joined ACE in 2000 as head of the A&H business in Canada. In his most recent role, he successfully led ACE's A&H and Life operations in Europe, the Middle East and Africa, comprising 27 countries including the distribution of personal accident, supplemental health, term life, creditor and niche personal lines products to both group and individual customers. He will relocate from London to Toronto. David Brosnan, Country President, ACE Canada, has been appointed Division President, ACE Canada Property and Casualty and Chief Underwriting Officer, ACE Canada, responsible for the continued success of ACE Canada's property and casualty franchise. With more than 25 years of insurance industry experience, Mr. Brosnan has been with ACE since 2005, and in addition to serving as Country President, ACE Canada for more than three years, he previously served as Division President, ACE Casualty Risk.

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