News Releases

PHILADELPHIA--(BUSINESS WIRE)--July 11, 2005--ACE USA, the U.S.-based retail operating division of The ACE Group of Companies, today announced the appointment of Richard Wagner as Senior Vice President and Branch Manager for ACE Risk Management(R). Based in San Francisco, Mr. Wagner will have overall responsibility for overseeing branch operations for the Northwest region of the country, managing new business development and underwriting activities, and serving large account customers for ACE Risk Management. 
 

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.

"Rick's appointment in assuming responsibility for the ongoing success of the Northwest branch office operations reflects our continued commitment to establishing a strong local regional presence," said Tony Apriceno, Senior Vice President and Director of Field Operations for the Northwest region. "Rick's proven experience in managing national accounts in the large-risk marketplace, particularly in San Francisco, will enable him to continue to support ACE's continued growth in this arena."

With more than 25 years of risk management and underwriting experience in the insurance arena with particular emphasis on serving the regional large-risk marketplace, Mr. Wagner joins ACE from Aon Risk Services, where he most recently served as Director/Relationship Manager in Aon's Risk Management Practice, located in its San Francisco office. He previously held a variety of leadership positions in the large-risk field operations arena with Royal & SunAlliance, Marsh Risk & Insurance Services, and Home Group Insurance. Mr. Wagner earned his Bachelor of Arts degree in English literature from Washington College in Chestertown, Maryland.

To learn more about ACE Risk Management's 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: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.