ACE USA Appoints Michael Harnett as Senior Vice President to Lead National Excess Workers Compensation Unit for ACE Risk Management.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 Michael Harnett as Senior Vice President to lead the National Excess Workers Compensation Unit for ACE Risk Management(R) (ARM). Based in Philadelphia, Mr. Harnett will have overall responsibility for overseeing new business development and 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. activities for this unit, which provides a variety of products and solutions to employers who qualify for self insurance. An emphasis is placed on offering risk managers and brokers the ability to customize workers compensation programs to address the challenges and complexities of today's marketplace. 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. "I am pleased to welcome Mike to the ARM team as he assumes responsibility for the continued success of the National Excess Workers Compensation unit," said William N. Curcio, President, ACE Risk Management. "Mike's proven leadership and industry experience in the large-risk marketplace will be instrumental in growing our product offerings as we continue our efforts to meet and exceed the expectations of our customers." Mr. Harnett joins ACE USA from PMA PMA (papillary-marginal-attached), n a system of epidemiologic scoring of periodontal disease devised by Schour and Massler in which the symbols denote the areas involved in gingival inflammation. PMA Progressive muscular atrophy Insurance Group, where he most recently served as Vice President, Risk Management Services with responsibility for all aspects of its large account underwriting operation. With more than 20 years of experience in the insurance field, Mr. Harnett has held a variety of underwriting management positions with major carriers including Royal & SunAlliance, CNA (Certified NetWare Administrator) See Novell certification. and an ACE subsidiary. Mr. Harnett received both his bachelor of arts degree in philosophy and a master of science degree in public management/public policy from State University of New York (body) State University of New York - (SUNY) The public university system of New York State, USA, with campuses throughout the state. at Stony Brook Stony Brook may refer to: Massachusetts:
To learn more about ACE Risk Management products and services, visit www.aceriskmanagement.com. 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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