ACE USA Appoints Gary Hightower as Senior Vice President and National Sales Executive of ACE Global Solutions.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 Gary Gary, city (1990 pop. 116,646), Lake co., NW Ind., a port of entry on Lake Michigan; inc. 1909. Gary was founded by the U.S. Steel Corporation, which purchased the land in 1905 and landscaped it for a city. Hightower as Senior Vice President and National Sales Executive, ACE Global Solutions. Based in Dallas, Mr. Hightower will have responsibility for leading the sales, marketing, and distribution management initiatives for ACE USA's Global Solutions business operations Business operations are those activities involved in the running of a business for the purpose of producing value for the stakeholders. Compare business processes. The outcome of business operations is the harvesting of value from assets , with a focus on expanding ACE USA's domestic and multinational cash flow programs. ACE Global Solutions strives to engage and enhance the use of ACE's extensive global reach and product capabilities to deliver worldwide insurance solutions. "Gary's appointment reflects our continued commitment to offer risk management solutions to domestic and multinational accounts, an evolving marketplace with unique needs," said John Lupica, President and Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. , ACE USA. "Gary's knowledge and breadth of experience in managing national accounts will be instrumental in expanding and cross-marketing ACE USA's existing relationships and service capabilities through our large accounts business, ACE Risk Management, and further enhance our position as a leader in providing sophisticated programs to the large-risk marketplace." With more than 30 years of 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. , business development and sales experience in the insurance arena with particular emphasis on serving the regional large-risk marketplace, Mr. Hightower joined ACE USA in 1999. He most recently served as Southwest Regional Executive for ACE USA. Prior to his tenure with ACE USA, Mr. Hightower spent 10 years at AIG AIG addressee indicator group (US DoD) AIG American International Group, Inc AiG Answers in Genesis (religious group in defense of Scripture) AIG Artificial Intelligence Group AIG Australian Industry Group in senior leadership roles in its risk management and regional operations division focusing on national accounts. Mr. Hightower's tenure in the insurance arena also includes 10 years with Continental Special Risk. Mr. Hightower earned his Bachelor of Arts degree in business administration from Bishop College in Dallas. 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+ (Superior) 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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