PHILADELPHIA, PA, Oct. 22 /CNW/ - ACE USA, the U.S.-based retail
operating division of the ACE Group of Companies, today announced several
executive appointments in its Casualty Risk, Regional Operations and Canadian
divisions. These appointments complement ACE USA's seasoned management team
and will enhance the company's ability to execute on its underwriting and
distribution strategies for the future.
Chris Maleno has been named President, ACE Casualty Risk. In this role,
Mr. Maleno will be responsible for executing strategic business plans for ACE
Casualty Risk including the lead umbrella and excess liability, custom
casualty, public entity, construction, workers compensation and environmental
liability insurance products. Mr. Maleno brings over 20 years of diverse
experience in the insurance arena to his new role. Prior to joining ACE in
2007 as President, ACE USA Regional Operations, he held several senior
leadership positions in casualty underwriting and regional operations
management within the industry.
Joseph Clabby has been appointed President, ACE USA Regional Operations.
Mr. Clabby will have responsibility for driving distribution strategies on a
national and regional basis as well as expanding ACE USA's product and
marketing presence at the local level. In addition, he will assume day-to-day
leadership of ACE USA's regional executive management team. Mr. Clabby has
more than 20 years of experience in banking, brokerage and insurance
underwriting. He joined ACE in 2001 and has held several executive management
roles within the company, most recently President of ACE USA West.
David Brosnan will be named Chief Executive Officer of ACE Canada. In
this role, Mr. Brosnan will be responsible for the success of ACE's property
and casualty, accident and health and life insurance businesses in Canada.
This appointment is contingent upon obtaining a work permit from Citizenship &
Immigration Canada. Mr. Brosnan has been with ACE since 2005, serving most
recently as President, ACE Casualty Risk and brings more than 20 years of
insurance industry expertise. Prior to joining ACE, he held a senior
leadership role with Chubb Insurance Company of Europe. Timothy O'Donnell,
President, ACE Professional Risk, remains Chairman of ACE Canada.
Karen Barkley will assume the role of Chief Operations Officer of ACE
Canada, and President of ACE Canada's Property and Casualty business.
Ms. Barkley will oversee underwriting, marketing and operations for ACE's
property and casualty lines as well as claims, and systems initiatives for ACE
Canada. Ms. Barkley joined ACE in 1992 and brings over 30 years of experience
in the Canadian insurance marketplace.
"The combined industry experience and proven leadership of these
individuals are a testament to the depth of ACE USA's management team," said
John Lupica, President and Chief Executive Officer, ACE USA. "These changes
will enable ACE to be responsive to changing market needs and position the
company well for future growth."
For more information about ACE USA and its range of products and
services, please visit www.aceusa.com
ACE USA is the U.S.-based retail operating division of the ACE Group of
Companies, headed by ACE Limited (NYSE: ACE), and is rated A+ (Superior)
by A.M. Best Company and A+ (Strong) by Standard & Poor's. ACE USA,
through its underwriting companies, provides insurance products and
services throughout the U.S. Additional information on ACE USA and its
products and services can be found at www.aceusa.com. The ACE Group of
Companies provides insurance and reinsurance for a diverse group of
clients around the world.
For further information:
For further information: Media Contact: Carla Ferrara, ACE North America
Communications, (215) 640-4744, email@example.com