ACE Appoints Andrew Hurley Senior Vice President, Corporate Risk Segment, & Karen Sothern Regional Executive Officer, New Yor...
April 15 2015 - 11:39AM
Business Wire
• Appointments Advance ACE USA’s National and
Regional Operations
ACE Group today announced two executive appointments in its
regional operations to support ACE’s expansion in key markets in
the U.S., particularly in the upper middle market segment, which is
comprised of organizations that generate between $25M and $250M in
revenue:
- Andrew Hurley has been named Senior
Vice President of the Corporate Risk Segment for ACE USA. In this
newly-created position, Mr. Hurley will have national
responsibility for directing ACE’s distribution, service and
underwriting initiatives targeted to its Corporate Risk segment,
which caters to upper middle market companies. He will oversee a
nationwide network of Corporate Risk professionals who will support
brokers with specialty solutions from ACE’s broad insurance
portfolio, from excess casualty to cyber to multinational travel
and accident programs.
- Karen Sothern has been appointed
Regional Executive Officer for New York. In this role, Ms. Sothern
will be responsible for setting and driving the overall strategic
direction for the New York region, and overseeing regional
production plans, distribution, product sales, marketing, and
producer management.
Chris Maleno, Division President of ACE USA, stated: “At ACE,
cultivating productive relationships with brokers and clients is
our top priority. We continuously invest in the products,
technologies, and talent to provide a high level of service and
expertise for our target markets. Both Andrew and Karen represent
the depth of ACE’s leadership talent. They possess insight into the
challenges our clients face, which are complex and diverse, making
them exceptionally qualified for their new roles.”
Mr. Hurley, who brings nearly 25 years of sales and underwriting
industry experience, primarily in commercial lines, joined ACE in
2006, and most recently served as Regional Executive Officer for
the New York market. He previously held several underwriting and
regional leadership positions at ACE, including serving as Branch
Manager of the company’s Northern New Jersey office, and as
Corporate Risk Segment Leader for its New York office. Mr. Hurley
will continue to report to John Alfieri, Division President, ACE
USA Regional Operations.
Ms. Sothern brings more than 30 years of underwriting
leadership, business development, client executive experience, and
regional territory management to her role. Ms. Sothern most
recently served as Chief Culture Officer for ACE Group, where she
helped enculturate ACE’s underwriting practices and behaviors among
newly-acquired companies around the world. This culture integration
work has been embedded into ACE’s businesses globally and will now
be led by the Regional leaders as acquisitions occur. Prior to
this, Ms. Sothern served as Regional Executive Officer of the
Northeast region for ACE USA. Ms. Sothern will report to Mr.
Alfieri in her new role.
About ACE Group
ACE Group is one of the world’s largest multiline property and
casualty insurers. With operations in 54 countries, ACE provides
commercial and personal property and casualty insurance, personal
accident and supplemental health insurance, reinsurance, and life
insurance to a diverse group of clients. ACE Limited, the parent
company of ACE Group, is listed on the New York Stock Exchange
(NYSE: ACE) and is a component of the S&P 500 index. Additional
information can be found at www.acegroup.com, or follow ACE on
Twitter, https://twitter.com/ACEGroupNA.
ACE GroupCarla Ferrara,
215-640-4744carla.ferrara@acegroup.com
DBA Chubb (NYSE:CB)
Historical Stock Chart
From Aug 2024 to Sep 2024
DBA Chubb (NYSE:CB)
Historical Stock Chart
From Sep 2023 to Sep 2024