ACE USA Appoints David Zelickman as Senior Vice President and Boston Branch Manager for ACE Risk Management.

PHILADELPHIA -- ACE USA, the U.S.-based retail operating division of The ACE Group of Companies, today announced the appointment of David Zelickman as Senior Vice President and Boston Branch Manager for ACE Risk Management(R). Based in Boston, Mr. Zelickman will have overall responsibility for overseeing branch operations, new business development and underwriting activities for the Boston branch office.

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.

"David's appointment in assuming responsibility for the continued success of the Boston branch office operations reflects our commitment to establishing a strong local regional presence," said Jay Lefkowitz, Executive Vice President and Director of Field Operations for the Eastern region, ACE Risk Management. "David's proven leadership experience in managing regional accounts in the large-risk marketplace will enable him to continue to support ACE's continued growth in this arena."

With more than 19 years of risk management and underwriting experience in the insurance arena with particular emphasis on serving the regional large-risk marketplace, Mr. Zelickman most recently served as Casualty Manager for the Boston Branch of ACE Risk Management. He joined ACE USA in October 2000 as part of the Boston Branch's National Account Underwriting Unit. He previously held a variety of leadership positions in the large-risk field operations arena with Reliance Insurance Company and Crum & Forster Insurance Company. Mr. Zelickman earned his bachelors of science degree in business administration from Bryant College in North Smithfield, Rhode Island.

To learn more about ACE Risk Management's products and services, visit www.aceriskmanagement.com(R)

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.