ACE To Set Up Brazil HQ for Latin America

ACE International, the global operations arm of Bermuda’s ACE Ltd., announced plans to open a new regional headquarters in Sao Paulo, Brazil, headed by Acacio Queiroz, to serve the company’s Latin American clients.

The new office, which is expected to be fully operational in early 2001, will oversee all ACE business in the region, including units in Argentina, Chile, Brazil, Colombia, Ecuador, Mexico and Puerto Rico.

Queiroz commented that “With the establishment of our regional headquarters in Sao Paulo, we will now be closer to our producers and our customers, which enhances our ability to provide innovative insurance and service solutions tailored to meet their needs.”