News Releases

PHILADELPHIA--(BUSINESS WIRE)--Feb. 27, 2006--ACE USA, the U.S.-based retail operating division of the ACE Group of Companies, today announced the appointment of Gary 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, 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, 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, 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 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: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 for a diverse group of clients around the world.