ACE Risk Management Names David Brodsky to Lead Corporate Risk Solutions Initiative.PHILADELPHIA Philadelphia, ancient cities Philadelphia, name of several ancient cities. One was in Lydia, W Asia Minor (now W Turkey). At the foot of Mt. Tmolus and near the location of modern Alaşehir, it was founded in the 2d cent. B.C. -- ACE Risk Management (ARM)(SM), a unit of ACE USA--the U.S.-based retail operating division of The ACE Group of Companies--today announced the appointment of David Brodsky, Senior Vice President, to lead the recently-established Corporate Risk Solutions initiative. Entering this new market segment represents an expansion of ACE Risk Management's product offerings targeted toward mid-sized companies through the establishment of specialized spe·cial·ize v. spe·cial·ized, spe·cial·iz·ing, spe·cial·iz·es v.intr. 1. To pursue a special activity, occupation, or field of study. 2. teams of experienced, seasoned professionals in each of its branch offices across the U.S. Based in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , Mr. Brodsky and his team will target companies with revenues between $100 million and $700 million range. "Establishing this new corporate risk initiative allows us to focus on serving the middle market segment--an increasingly critical marketplace," said William Curcio, President of ACE Risk Management. "Dave's extensive experience in working with the middle market enables him to lead these specialized regional teams in providing effective solutions to address their specific needs." With more than 25 years risk management experience serving the middle market segment, Mr. Brodsky joined ACE USA in August 1999 as Branch Manager for the New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Region. He most recently served as Senior Vice President of ACE Casualty Risk's Custom Casualty unit and prior to that position, as Vice President of ACE Risk Management. Mr. Brodsky earned his bachelor's degree in business administration from the College of Insurance, a part of St. John's University in New York City. ACE Risk Management offers comprehensive risk management programs and services, which are uniquely designed and customized to assist companies in any industry deal with the significant costs of financing and managing risk. To learn more about ACE Risk Management's products and services, visit www.aceriskmanagement.com ACE USA is the U.S.-based retail operating division of The ACE Group of Companies, headed by ACE Limited (NYSE NYSE See: New York Stock Exchange :ACE), and is rated A (Excellent) 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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