News Releases

PHILADELPHIA--(BUSINESS WIRE)--ACE Canada, a division of the ACE Group of Companies, today announced the appointment of Karen Barkley as President and Chief Executive Officer. ACE Canada specializes in providing innovative and customized property, casualty and accident and health products to businesses and individuals nationally and internationally.

Ms. Barkley, who previously held the position of Chief Operations Officer for ACE Canada, will be responsible for managing ACE’s operations in Canada and will report to John Lupica, President and Chief Executive Officer, ACE USA.

Ms. Barkley joined ACE in 1992 in the Risk Management Unit and has progressed through the organization holding several senior management positions within ACE Canada. Ms. Barkley holds a master’s degree in business administration from Athabasca University in addition to Chartered Insurance Professional (CIP) and Certified Risk Manager (CRM) professional designations.

In addition, Terri Mitchell was named Executive Vice President and Chief Operations Officer of ACE Canada’s Life, Accident & Health Group. In her new position Ms. Mitchell will report jointly to Ms. Barkley and Joe Vasquez, President, ACE USA Accident & Health. Previously, Ms. Mitchell served as Senior Vice President of ACE Canada’s Accident & Health Group. Prior to joining ACE in 2003, Ms. Mitchell held several senior management positions within the life and accident and health insurance industry.

“With 30 years of experience in the property and casualty insurance market, Karen is a proven insurance executive who can ably drive growth and profitability and continue ACE Canada’s success,” said Mr. Lupica.“Terri has successfully built the A&H business in Canada into an important component of our overall ACE USA business, and this promotion recognizes the positive contributions she has made.”

ACE Canada is a subsidiary of the ACE Group of Companies (NYSE:ACE). ACE Canada provides commercial property and casualty and accident and health insurance products and services throughout Canada. Additional information on ACE Canada, can be found at www.ace-ina-canada.com.

ACE USA is the U.S.-based retail operating division of the ACE Group of Companies, headed by ACE Limited, 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.