Ace Insurance is fighting back against allegations of fixing secret commissions in the US.
It said it would seek dismissal of the lawsuit brought against it by Connecitcut attorney general Richard Blumenthal for allegedly paying a secret commission to win a state contract.
Blumenthal is suing Ace and Marsh & McLennan for a scheme in which Ace allegedly paid Marsh a secret $50,000 commission to steer an $80m state contract to the company.
Ace chief executive Evan Greenberg said that the company has investigated the charge and "believes it is without merit" and will proceed to file a motion to dismiss the suit.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
