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NEW YORK ACE Limited insurance is deep into a search for a new advertising agency following its split with Hill, Holliday, Connors, Cosmopulos, sources said. Estimated billings are $5-7 million.
A handful of contenders made presentations to the Hamilton, Bermuda, client earlier this month. The client is now expected to pick two shops to present again, this time to top corporate executives. A decision is expected by June.
The contenders could not be ascertained. ACE could not be reached and a New York consultancy managing the review, Joanne Davis Consulting, declined to comment.
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