Lloyd's underwriters ACE Limited announced today former presidents Walter Scott and Dominic Frederico will stand down from the company's board when their tenure runs out on 26 May 2005.

Scott, chairman, president and chief executive at ACE Limited from 1989 to 1994, presided over the initial public offering of the company's shares and the acquisition of Corporate Officers & Directors Assurance Ltd.

Frederico, former president and chief operating officer, played a leading role in transforming the company from a specialty carrier into a globally diversified insurer and reinsurer.

He steered through the acquisitions of Westchester Specialty Insurance, the CIGNA P&C operations and Capital Re Corporation, which subsequently became Assured Guaranty Ltd.

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.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.