News Releases

PHILADELPHIA--(BUSINESS WIRE)--ACE USA, the U.S.-based retail operating division of the ACE Group, today announced the reorganization and expansion of its Marine Facilities unit, with the formation of a dedicated Philadelphia office. The newly-established Philadelphia office will be the unit’s national headquarters, and also will serve the East Coast and Midwest marine facilities market. Joining together with ACE’s San Diego and Tampa underwriting centers, it will provide access for agents, brokers and their clients to skilled underwriting and comprehensive solutions aimed at protecting the full scope of their marine facilities operations.

Kim Finlay has been appointed as Assistant Vice President and National Underwriting Manager, ACE Marine Facilities, to lead this national unit. Based in Philadelphia, PA, she has overall underwriting authority for the entire ACE Marine Facilities book of business.

“As the oldest and one of the largest marine insurers in the U.S., we’re pleased to introduce a dedicated Philadelphia underwriting team to serve our regional marine facilities markets and to provide national direction of our capabilities. This expanded resource allows us to deliver on our commitment to superior service to the marine facilities market,” said Bruce Jervis, Executive Vice President, ACE Inland and Commercial Marine. “We also are pleased to welcome Kim to lead the ACE USA Marine Facilities underwriting team. She brings significant expertise and proven success in property and casualty insurance to the marine facilities unit. With her leadership, ACE is well-positioned to provide value and services to this important market.”

The Marine Facilities unit is dedicated to the specialized insurance needs of marina and yacht club owners, premier boat dealers, boat builders and yacht brokers. ACE provides products and package offerings tailored to the unique exposures faced by marine facilities. ACE Commercial Marine’s suite of specialized coverages include cargo, commercial hull, marine facilities and marine liability, and delivers a full spectrum of commercial marine solutions, together with sophisticated loss prevention and risk management services, which are designed for U.S. and global marine exposures.*

With more than eleven years of experience in the insurance industry, Ms. Finlay joined ACE in 1999, and most recently led ACE’s Northeast Regional Middle Market Property unit. She holds a Bachelor of Science degree in Economics from James Madison University in Virginia, graduating magna cum laude, and a Master of Science degree in Insurance Management from Boston University. In addition, Ms. Finlay holds the Chartered Property Casualty Underwriter (CPCU) and Associate in Reinsurance (ARe) professional designations.

ACE USA Commercial Marine is part of the North America Property division of the ACE Group that provides property-related products and services, including global property, inland marine, ocean marine and aviation, which are primarily distributed through the U.S. retail brokerage community to the commercial market. To review additional product features and check submission requirements, or for more information about ACE USA’s Commercial Marine unit and its range of products and services, please visit www.aceusa.com. For more information about ACE Marine Facilities, please call Kim Finlay at 215.640.1104 orKimberly.finlay@acegroup.com.

Celebrating 25 years of insuring progress, the ACE Group is a global leader in insurance and reinsurance serving a diverse group of clients. Headed by ACE Limited (NYSE:ACE), a component of the S&P 500 stock index, the ACE Group conducts its business on a worldwide basis with operating subsidiaries in more than 50 countries. Additional information can be found at: www.acegroup.com.

*Product highlights are summaries only; please see actual policy for terms and conditions.