Ace INA UK, has revealed plans to become Ace's main UK and European subsidiary by establishing 12 new branches across the continent.

Ace INA UK, has revealed plans to become Ace's main UK and European subsidiary by establishing 12 new branches across the continent.

Formerly known as the Insurance Company of North America (UK), Ace INA UK, was formed following Ace's decision to reduce its capacity at Lloyd's.

Ace INA UK has arranged cross-border permissions in Belgium, Denmark, France, Germany, Greece, Ireland, Italy, Netherlands, Portugal, Spain and Sweden.

The company has also been assigned an S&P financial strength rating of A+.

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