ACE awarded chartered insurer status

The UK property and casualty operations of ACE have achieved chartered insurer status.

To gain the accolade, ACE had to prove that it works in an ethical manner that places clients’ interests at the heart of the service they provide.

ACE UK and Ireland regional president David Robinson said: “We are delighted to have attained chartered insurer status. It is a significant achievement, and it is further evidence of our commitment to provide exceptional service to our clients.

“We face increased scrutiny from regulators and clients, and by attaining this status ACE has achieved industry recognition of professional excellence.”

The addition of ACE mean there are now 25 corporate chartered insurers.

Chartered Insurance Institute chief executive Sandy Scott said: “ACE clearly demonstrated that it delivers the professional standards required to attain chartered insurer status. At the CII we firmly believe that the exacting standards required to achieve chartered status are vital to the future success of the insurance sector, not only to be viewed as a credible career choice, but also to raise the reputation of the profession as a whole, through the quality of service, advice and support provided to clients.”