Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


ACE Insurance commits to South Island

2 February 2005

ACE Insurance commits to meeting the escalating needs of the South Island business community with new Christchurch office

ACE Insurance, a leader in the global insurance and reinsurance industry, has today announced that it will be opening an office in Christchurch on 22 February 2005 to better meet the needs of the South Island business community.

Cantabrian Simon Foley, a senior underwriter with ACE, will lead the South Island team. Simon has worked in the insurance industry for over 20 years and has a level of underwriting authority, integrity and competency which is second to none. To date he has been responsible for ACE’s Central and Southern commercial business (which covers the South Island) and is looking forward to moving back home and helping lift the standard of service in the insurance industry in the South Island.

“Brokers tell us they want a quick decision on their underwriting and risk submissions. They want their insurance provider to give them a price, and get their cover in place as quickly as possible.” says Simon.

“What we are doing is taking the core competencies we have in Wellington and Auckland in order to deliver a great service to our brokers in the South Island. I will be in a position to make decisions on the ground and get cover in place quickly and will be meeting with brokers throughout the South Island on a frequent basis to ensure we continually meet their needs.”

ACE has operations in over 50 countries globally and has the ability to transact business in over 90 jurisdictions. It is listed on the New York Stock Exchange (symbol ACE). ACE has been operating in New Zealand for five years although its roots here date back to the 1920’s. ACE offers broker-based corporate and commercial, property and casualty business, group personal accident and corporate travel products tailored to clients’ needs. New Zealand clients range from small businesses through to corporates and multinational concerns.

Scott Pickering, Managing Director of ACE Insurance New Zealand says that the opening of the Christchurch office underscores ACE’s ongoing commitment to meeting the needs of the South Island broker and business communities.

“The New Zealand business climate dictates that this is absolutely the right time to commit to the South Island. With Simon’s local expertise I have every confidence that he and his team will successfully establish a strong South Island presence while designing, and putting in place, insurance products which meet the needs of our client base.”

Additional information can be found at or at


© Scoop Media

Business Headlines | Sci-Tech Headlines


Media Mega Merger: StuffMe Hearing Argues Over Moveable Feast

New Zealand's two largest news publishers are appealing against the Commerce Commission's rejection of the proposal to merge their operations. More>>


Approval: Northern Corridor Decision Released

The approval gives the green light to construction of the last link of Auckland’s Western Ring Route, providing an alternative route from South Auckland to the North Shore. More>>


Crown Accounts: $4.1 Billion Surplus

The New Zealand Government has achieved its third fiscal surplus in a row with the Crown accounts for the year ended 30 June 2017 showing an OBEGAL surplus of $4.1 billion, $2.2 billion stronger than last year, Finance Minister Steven Joyce says. More>>


Mycoplasma Bovis: One New Property Tests Positive

The newly identified property... was already under a Restricted Place notice under the Biosecurity Act. More>>

Accounting Scandal: Suspension Of Fuji Xerox From All-Of-Government Contract

General Manager of New Zealand Government Procurement John Ivil says, “FXNZ has been formally suspended from the Print Technology and Associated Services (PTAS) contract and terminated from the Office Supplies contract.” More>>