PHILADELPHIA--(BUSINESS WIRE)--ACE USA, the U.S.-based retail operating division of the ACE Group of Companies, today announced the appointment of Henry O. Schramm II as Senior Vice President, Workers Compensation, as part of the ACE Casualty Risk Division. Based in Philadelphia, Mr. Schramm will be responsible for leading the underwriting strategies for ACE USA’s middle market workers compensation business, including ACE CompleteSM, a web-based underwriting facility that enables contracted brokers to conduct underwriting transactions—from entry to issuance—via the Internet.
“I’m pleased to welcome Henry to ACE. His proven leadership, strategic vision, and strong broker and client relationships, will be instrumental in contributing to the continued growth and development of workers compensation programs geared to the small to mid-sized employers,” said David Brosnan, President, ACE Casualty Risk.
Mr. Schramm has more than 31 years of diverse experience in the insurance arena. He most recently served as Senior Vice President and Chief Underwriting Officer for PMA Insurance Group, in Philadelphia, where he was responsible for directing the underwriting activities for its commercial lines business, which included the middle market and risk management segments. Mr. Schramm previously spent 22 years with The Hartford Insurance Group in Hartford, CT, where he held a variety of casualty underwriting management roles, culminating with his appointment as Assistant Vice President and Managing Director, Major Accounts Segment. He earned a Bachelor of Arts degree in Political Science and History from George Washington University, in Washington, DC, and is a graduate of the Executive Education program of Duke University’s Fuqua School of Business in Chapel Hill, NC.
ACE Casualty Risk, a division of ACE USA, specializes in lead umbrella and excess liability, custom primary casualty, construction, environmental liability, public entity, and middle market workers compensation insurance products and services, which are primarily distributed through the retail brokerage community to the commercial market.
For more information about ACE Casualty Risk and its range of products and services, please visit www.ace-ina.com. To review additional features and check submission requirements, please visit: www.acecomplete.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+ (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.