News Releases

ACE USA Introduces Errors & Omissions Coverage to Respond to Growing Market Needs of Managed Care Industry; Appoints Tristan A. Gabriel as Vice President, Managed Care
Mar 5, 2007

PHILADELPHIA--(BUSINESS WIRE)--ACE USA, the U.S.-based retail operating division of the ACE Group of Companies, today announced the launch of a primary and excess product focusing on the managed care industry. This product is offered by ACE Medical Risk, a division of ACE USA, which provides a wide range of liability products and services specifically designed for the healthcare industry worldwide. Additionally, ACE USA announces that Tristan A. Gabriel has joined the ACE Medical Risk team as Vice President, Managed Care, and will lead the overall efforts.

Based in Chicago, Mr. Gabriel will be responsible for managing the operations and underwriting strategies of ACE Medical Risks Managed Care business, working collaboratively with the brokerage community and managed care professionals. He will report to Ross Bertossi, President, ACE Medical Risk.

Im pleased to welcome Tristan to ACE. His extensive product knowledge, strategic vision, and strong broker and industry relationships will be instrumental in establishing an immediate presence in this key market, said Mr. Bertossi. Given the turbulence that has occurred in the managed care arena, there is a heightened need for specialized insurance solutions backed by the financial strength of an A+ rated carrier such as ACE.

Mr. Gabriel has more than 18 years of diverse experience in the insurance arena. He most recently was Senior Vice President for Aon Risk Services, in Chicago, where he was responsible for development and execution of Aons national managed care efforts. He previously held several senior leadership positions, including serving as Senior Vice President-Managed Care Industry Practice Leader, Marsh USA, Inc. and Vice President, Health Industry Insurance Professionals, Inc., Johnson & Higgins. Mr. Gabriel earned a Bachelor of Arts degree in Economics from University of Michigan.

ACE Medical Risk offers primary and excess medical professional liability insurance for hospitals, long-term care and miscellaneous healthcare facilities. ACE Medical Risk also offers medical professional liability coverage for allied health professionals, dentists, podiatrists, and chiropractors. In addition, ACE Medical Risk offers products liability insurance for biotechnology, clinical trials, specialty pharmaceutical, and non-invasive medical device companies. Comprehensive package policy that includes property, auto, crime, and boiler and machinery coverage may also be available for certain products.

For more information about ACE Medical Risk and its range of products and services, please visitwww.acemedicalrisk.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 & Poors. 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.

 

Contact:

ACE INA Communications
Carla Ferrara, 215-640-4744
carla.ferrara@ace-ina.com