The ACE Group of Companies is one of the world’s largest providers of insurance and reinsurance. ACE USA traces its roots to the Insurance Company of North America, founded in 1792 and was the first U.S. based marine insurance company. Its first policy, written in 1792, insured the hull of the ship "America" and the goods it carried from Philadelphia to Ireland. By removing the financial risk from the dangers of ocean commerce, they helped the young U.S. shipping business flourish. Today, ACE’s 7500 employees worldwide operate in 50 countries around the world with an exceptional underwriting team committed to discipline, excellence and integrity.

Financials

The ACE Group has annual premium revenues of $10.2 billion and excellent financial ratings. Financial Ratings are a measurement, gauged by respected independent sources, assuring current and prospective customers of a company's financial stability. The major rating agencies are A.M. Best, Moody’s and Standard & Poors - each with its own coding system for excellence. ACE USA’s ratings are:

• Superior ("A+") rating from the A.M. Best Company
• Very Strong ("A+") rating from Standard & Poor’s
• Excellent ("A2") from Moody's

Marine Insurance Expertise

ACE USA has an entire division dedicated to ocean marine insurance. Each member of their professional staff is a marine specialist – from underwriters and customer service teams to marine surveyors and claims personnel. This expertise allows ACE to offer one of the industry’s most comprehensive packages of marine insurance products and services.

Allianz Global Corporate & Specialty is the Allianz Group’s dedicated carrier for serving the specific needs of corporate and specialty insurance clients and brokers. The company provides insurance and risk consulting across the whole spectrum of Marine, Aviation and Corporate business, including energy, engineering/construction, financial lines (incl. D&O), Liability and Property insurance.

Financials

Allianz Global Corporate & Specialty has a global presence in over 150 countries and employs more than 2,500 people. We provide insurance solutions to more than half of the Fortune Global 500 companies. We consistently achieve strong ratings for financial stability: AA ('Very Strong') from Standard & Poor's and A+ ('Superior') from A.M. Best.

Allianz Group

Allianz Global Corporate & Specialty is part of Allianz Group, one of the largest and most renowned insurance and financial services providers in the world. Allianz was named “One of The World’s Most Ethical Companies” by the Ethisphere Institute and ranked as the most sustainable insurer in the Dow Jones Sustainability Index.

See the Allianz Global Corporate & Specialty website for further details.