ACE USA Appoints Connie Germano as Senior Vice President, ACE Excess Casualty and Custom Casualty.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 USA, the U.S.-based retail operating division of The ACE Group of Companies, today announced the appointment of Connie
Connie is a British television drama made for ITV by Central Television and shown in 1985. Germano as Senior Vice President to lead the Excess Casualty and Custom Casualty businesses. Ms. Germano will be 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. . The ACE Excess Casualty unit specializes in lead umbrella and excess liability and is dedicated to serving the needs of commercial policyholders in a wide variety of business sectors, making available the full range of ACE USA's capabilities. The Custom Casualty unit offers risk managers and retail brokers a wide variety of primary casualty specialty products that are tailored to meet the needs of companies with challenging exposures. The ACE Excess Casualty and Custom Casualty products are distributed through the brokerage community to the commercial market. "I am pleased that Connie is assuming additional responsibility for management of the Excess Casualty and Custom Casualty units," said Susan Rivera, President and Chief Executive Officer, ACE USA. "Connie's proven leadership and industry experience will be instrumental as we continue our efforts to meet the needs of our clients." Ms. Germano most recently served as Vice President, leading ACE USA's Energy Excess Casualty practice, in addition to responsibility for the Eastern Zone for Excess Casualty and Custom Casualty. She has more than 18 years insurance experience in the primary package and excess casualty lines of business and has worked for several major insurance carriers in senior 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. roles, and for the past 10 years has focused specifically on excess casualty. Ms. Germano studied at Chabot College Chabot College is one of California's community colleges, located in the heart of the San Francisco Bay Area. The campus is in Hayward, California, just a few miles away from California State University, East Bay. in Hayward, Calif. 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 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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