ACE USA Appoints David Brosnan President, ACE Casualty Risk.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, announced today the appointment of David J David J. Haskins (b. April 24, 1957, in Northampton, England) is a British alternative rock musician. He was the bassist for the seminal gothic rock band Bauhaus. Life and work . Brosnan to President, ACE Casualty Risk. Based in Philadelphia, Mr. Brosnan will lead the Casualty Risk operations of ACE USA. ACE Casualty Risk specializes in lead umbrella and excess liability, custom casualty, public entity, and environmental liability insurance products. Mr. Brosnan will be responsible for implementing and executing the strategic business plans for ACE Casualty Risk. "David has an exceptional industry background and brings a wealth of proven experience to the ACE team," said John Lupica, President, ACE USA. "His sharp understanding of casualty 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. and business development, coupled with his strong leadership skills, makes David an excellent choice to lead ACE USA's Casualty Risk business strategy." With nearly two decades of experience in the insurance industry, Mr. Brosnan most recently served as Senior Vice President and Zone Underwriting Officer for Chubb Commercial Insurance, where he was responsible for managing all of Chubb's commercial insurance business in Europe. Prior to this role, he held various other managerial positions at The Chubb Corporation. Mr. Brosnan holds a bachelor of arts degree in business economics from the University of California, Santa Barbara History The predecessor to UCSB, Santa Barbara State College, focused on teacher training, industrial arts, home economics, and foreign languages. Intense lobbying by an interest group in the City of Santa Barbara led by Thomas Storke and Pearl Chase persuaded the State . 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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