ACE Westchester Specialty Group Opens Chicago Casualty Office; Veteran Insurance Professional Eric Koppang to Manage Office.Business Editors PHILADELPHIA--(BUSINESS WIRE)--April 10, 2003 ACE Westchester Specialty Group, a division of ACE USA, Inc., today announced the opening of its new Chicago Casualty office. The office, located at 525 West Monroe West Monroe, city (1990 pop. 14,096), Ouachita parish, N La., on the Ouachita River, opposite Monroe, in a forest and lake area; inc. 1851. Its chief industries are lumber and paper milling. Street, will underwrite To insure; to sell an issue of stocks and bonds or to guarantee the purchase of unsold stocks and bonds after a public issue. The word underwrite has two meanings. Primary General Liability Umbrella and High Excess business. Admitted and Surplus Lines business will be conducted through Westchester Specialty Group-appointed wholesalers in the Midwest. The Chicago facility is ACE Westchester Specialty Group's fourth office, joining operations located in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , Atlanta and San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden . Eric Koppang has been named vice president for ACE Westchester Specialty Group and will manage the Chicago office. Koppang has 15 years of casualty underwriting experience, including nine years in excess and surplus lines. He most recently served as vice president of casualty for ACE Westchester Specialty Group's New York office. "The opening of our Chicago office reflects ACE Westchester Specialty Group's continuing growth in the Casualty arena including our Surplus Lines business," said Brian Dowd Dowd is a derivation of an ancient surname which was once common in Ireland but is now quite rare. The name Dowd is an Anglicisation of the original Ui Dubhda, through its more common form O'Dowd. , president of ACE Westchester Specialty Group. "Our Midwest presence will help us provide the region's wholesalers with greater accessibility to ACE Westchester Specialty Group's sophisticated insurance solutions, underwriting expertise, dedicated claims handling and efficient and superior customer service." "With 15 years of experience, Eric is an expert in the casualty underwriting field," said Louis Levinson, senior vice president, ACE Westchester Specialty Group in New York. "Eric's strong leadership skills and industry knowledge will help us successfully establish our Chicago office and take full advantage of business opportunities in the Midwest." ACE USA is a U.S.-based operating division of the ACE Group of Companies, headed by ACE Limited (NYSE NYSE See: New York Stock Exchange : ACE). ACE USA provides insurance products and services throughout the U.S. 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. For more information about the ACE Group of Companies, visit www.acelimited.com. |
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