ACE USA Announces New Hires for ACE Select Markets - Appointments of Multi-Channel Marketing Pros to Raise Awareness of Disaster Mortgage Protection Product.

PHILADELPHIA -- ACE USA, the U.S.-based retail operating division of The ACE Group of Companies, today announced the addition of Pamela R. Mason and Gwendolyn Giordano to its Disaster Mortgage Protection(SM) insurance product unit, which is part of ACE Select Markets. DMP(SM) provides an affordable safety net for homeowners most at risk of losing their homes in the wake of disasters like flooding, fire, tornadoes, mudslides and hurricanes. DMP is designed to supplement homeowners insurance by ensuring that mortgage payments will continue to be met if an insured is forced from his or her home for more than 48 hours of a covered disaster.

Pamela Mason joins ACE Select Markets as Assistant Vice President, Partners and Relationship Management, responsible for the management, expansion, enhancement and profitability of DMP lender and partner relationship networks. Prior to joining ACE, Ms. Mason served as Director of Circulation, Sales & Marketing and Manager of Client Programs for South Florida Business Journal. She previously served as Director of Data Marketing Communications for Barpoint.com, Inc., a wireless and consumer shopping and information service in Deerfield Beach, Florida; and as International Sales & Customer Research Sales Manger for Chain Store Guide Information Services, of Tampa. Ms. Mason attended Cleveland State University, where she studied Business Administration.

As Manager of Strategic Marketing ACE Select Markets, Gwendolyn Giordano is responsible for managing, developing and implementing multiple marketing message platforms, business development operations strategies and collateral materials for its DMP product. Working closely with lender and distribution channels, she will develop affinity programs and grow consumer markets. Ms. Giordano previously served as Marketing Operations and Client Services Manager with Thomson Publishing of Montvale, New Jersey; and as Regional Manager for information provider Lebhar Friedman of New York City. She earned her undergraduate degree from The University of Central Connecticut, dual majoring in liberal arts and business management. Ms. Giordano is a member of the Direct Marketing Association and the American Marketing Association.

"Pam and Gwen bring outstanding multi-channel marketing and proven customer relationship skills to the ACE Select Markets team. Our goal is to increase consumer awareness of the invaluable protection that DMP provides to homeowners, while enhancing and broadening distribution networks and channels," said Kimberle Kennedy, Vice President, ACE Select Markets. "I am confident that the creative, results-driven contributions of our two newest team members will help make that goal a reality."

ACE Select Markets, a division of ACE USA, focuses on the underwriting and marketing of specialty insurance products targeted towards specific insurance buyers, affinity groups, small businesses and niche industries. Products and services are offered through a network of specialty agents as well as unique distribution channels and partners. Products and services include coverage for recreational vehicles, collector automobiles, motorcycles, recreational boats and yachts, the ACE Disaster Mortgage Protection(SM) Policy, and credit card enhancement programs.

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 `(Excellent) 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.ace-ina.com. The ACE Group of Companies provides insurance and reinsurance for a diverse group of clients around the world.