ACE Canada Appoints Karen Barkley President & Chief Executive Officer; Terri Mitchell is Named Executive Vice President & Chief Operations Officer of ACE Canada's Life, Accident & Health Group.PHILADELPHIA -- ACE Canada, a division of the ACE Group of Companies, today announced the appointment of Karen Barkley as President and Chief Executive Officer. ACE Canada specializes in providing innovative and customized property, casualty and accident and health products to businesses and individuals nationally and internationally. Ms. Barkley, who previously held the position of Chief Operations Officer for ACE Canada, will be responsible for managing ACE's operations in Canada and will report to John Lupica, President and Chief Executive Officer, ACE USA. Ms. Barkley joined ACE in 1992 in the Risk Management Unit and has progressed through the organization holding several senior management positions within ACE Canada. Ms. Barkley holds a master's degree master's degree n. An academic degree conferred by a college or university upon those who complete at least one year of prescribed study beyond the bachelor's degree. Noun 1. in business administration from Athabasca University in addition to Chartered Insurance Professional (CIP (1) (Common Isochronous Packet) The packet format used in time-based (real time) FireWire transmission. See FireWire, IEC 61883 and mLAN. (2) (Common Industrial P ) and Certified Risk Manager The certified risk manager designation is fairly new to the insurance risk management world. As of 2007 there are less than 2000 CRM's world wide. Risk Management is an ever growing field of endeavor, and it's a pragmatic extension of the domain of insurance. (CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. ) professional designations. In addition, Terri Mitchell Mitchell, city (1990 pop. 13,798), seat of Davison co., SE S.Dak.; inc. 1881. Mitchell is a trade, distribution, and shipping center for a dairy and livestock area. was named Executive Vice President and Chief Operations Officer of ACE Canada's Life, Accident & Health Group. In her new position Ms. Mitchell will report jointly to Ms. Barkley and Joe Vasquez, President, ACE USA Accident & Health. Previously, Ms. Mitchell served as Senior Vice President of ACE Canada's Accident & Health Group. Prior to joining ACE in 2003, Ms. Mitchell held several senior management positions within the life and accident and health insurance industry. "With 30 years of experience in the property and casualty insurance market, Karen is a proven insurance executive who can ably drive growth and profitability and continue ACE Canada's success," said Mr. Lupica. "Terri has successfully built the A&H business in Canada into an important component of our overall ACE USA business, and this promotion recognizes the positive contributions she has made." ACE Canada is a subsidiary of the ACE Group of Companies (NYSE NYSE See: New York Stock Exchange :ACE). ACE Canada provides commercial property and casualty and accident and health insurance products and services throughout Canada. Additional information on ACE Canada, can be found at www.ace-ina-canada.com. ACE USA is the U.S.-based retail operating division of the ACE Group of Companies, headed by ACE Limited, and is rated A+ (Superior) by A.M. Best Company and A+ (Strong) by Standard & Poor's. ACE USA, through its underwriting Underwriting 1. The process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing securities (both equity and debt). 2. The process of issuing insurance policies. 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.ace-ina.com. The ACE Group of Companies provides insurance and reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract. for a diverse group of clients around the world. |
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