News Release

ACE USA Appoints Robert G. Purdy as Senior Vice President, Workers Compensation
Feb 18, 2009

PHILADELPHIA--(BUSINESS WIRE)--ACE USA, the U.S.-based retail operating division of the ACE Group of Companies, today announced the appointment of Robert G. Purdy to the position of Senior Vice President, Workers Compensation, as part of the ACE Casualty Risk Division. Based in Philadelphia, Mr. Purdy will be responsible for leading the underwriting, marketing, and operations strategies for ACE USA’s middle market workers compensation businesses, including ACE CompleteSM, a web-based underwriting facility that enables contracted brokers to conduct underwriter transactions—from entry to policy issuance—via the Internet.

“I’m pleased to welcome Rob to ACE,” said Chris Maleno, President, ACE Casualty Risk. “His proven leadership, strategic vision and deep experience in the workers compensation and middle market arena will be invaluable to the continued growth and development of this key market segment.”

With more than 26 years of experience in the insurance arena, Mr. Purdy joins ACE USA from American International Group (AIG), where he most recently led AIG’s Specialty Workers Compensation Division. During his twelve years with AIG, he held various senior management positions, including overall responsibility for the e-WC, Middle Market and USL&H segments. Mr. Purdy previously spent 14 years with CIGNA Property & Casualty, an ACE predecessor organization, holding a succession of senior-level positions.

Mr. Purdy holds a bachelor’s of science degree from Mansfield University in Pennsylvania and a master’s degree from West Chester University in Pennsylvania. He is a member of the Governing Board of the Pennsylvania and the Delaware Rating Bureau(s), and previously served on the Governing Board of the North Carolina Rating Bureau. Additionally, Mr. Purdy serves on the board of directors of The American Society of Workers Compensation Professionals, Inc. (AMCOMP) and is a member of the American Staffing Association Advisory Board. He is a past member of the selection committee for Florida CHOICE Awards® for Workers’ Compensation, presented by Choice Medical Management Services LLC, and serves on the board of trustees for Caldwell College in New Jersey. He is a frequent speaker at insurance industry conferences and has published numerous articles in industry trade publications.

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, please visit www.aceusa.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.aceusa.com. The ACE Group of Companies provides insurance and reinsurance for a diverse group of clients around the world.

Contact:

ACE North America Communications
Carla Ferrara, 215-640-4744
carla.ferrara@acegroup.com