Arab Commercial Enterprises Group of Companies Primary SIC: Insurance Agents, Brokers & Service, Primary NAICS: Insurance Agencies and Brokerages Description: Insurance: Insurance and reinsurance agents and brokers, surveyors and claims settling agents Founded in 1952, Arab Commercial Enterprises (ACE) today is the pioneer of Saudi Insurance Industry. Since inception, ACE has rapidly grown to become the largest indigenous insurance and reinsurance broking organization in the Middle East. With a number of offices situated in various cities of the Kingdom of Saudi Arabia complemented by a network of offices in all the other Gulf Countries as well as in Lebanon and Greece, ACE is better positioned to provide services to its clients where needed.