News Releases

PHILADELPHIA--(BUSINESS WIRE)--ACE USA, the U.S.-based retail operating division of the ACE Group, today announced the appointment of Andrew Hurley as Chief Operating Officer of its New York region. In this new role, Mr. Hurley will assist in developing and executing the regional business plan, and driving regional segmentation development. He will work closely with Katharyn Kubursi, who has been appointed Vice President and National Segment Leader of the New York region, on coordinated distribution management and execution within this key region. Mr. Hurley will also continue to oversee operations of the Morristown, N.J., branch office.

Ms. Kubursi is responsible for leading and managing all aspects of ACE USA’s National Account segmentation strategy throughout the New York Region, and for maintaining and expanding relationships with large clients across all lines of business. She will collaborate with clients and their broker partners to deliver ACE’s broad spectrum of products and services, with customized solutions that meet their risk management objectives. Mr. Hurley and Ms. Kubursi will report to John Alfieri, Senior Vice President and Regional Executive Officer, ACE USA New York region.

“Expanding our market presence and delivering exceptional service through locally-based staff in our key locations across the United States is an important part of ACE USA’s regional management platform,” said Mr. Alfieri. “Andrew has been instrumental in the growth and development of the Northern New Jersey branch office and the New York region, and his proven ability to educate our brokers and clients of our broad array of specialty products has greatly contributed to ACE USA’s growth in this critical market segment. Katie brings proven leadership capabilities and significant experience managing national accounts in ACE USA, having previously held the same position in ACE’s Western and Mid-Atlantic regions. Katie and Andrew are tremendous assets to our team.”

With more than 19 years of industry experience, primarily in commercial lines, Mr. Hurley joined ACE USA in 2006 as Branch Manager of its Northern New Jersey office, and subsequently served as Corporate Risk Segment Leader for the company’s New York office. He joined ACE from Chubb & Sons, where he previously served as Practice Leader – Commercial Insurance Specialty for the New Jersey, New York and Northeast regions. His earlier experience includes various sales and underwriting positions for Chubb & Sons and Chubb Services Corporation, and serving as a broker with Patriot Securities in New York City. Mr. Hurley received a bachelor’s degree in economics from Boston College.

With more than a decade of insurance industry experience, Ms. Kubursi joined ACE USA in 2006, as part of ACE USA’s Mid-Atlantic Regional Operations. Prior to her tenure with ACE, Ms. Kubursi held various positions in Business Development and Account Management at American International Group (AIG), Commerce Insurance Services, part of Commerce Capital Markets, and Marsh. Ms. Kubursi received her bachelor of arts degree in international business from The Pennsylvania State University, and an MBA in marketing, from Temple University in Philadelphia.

ACE USA is the U.S.-based retail operating division of the ACE Group, and is rated A+ (Superior) by A.M. Best Company and AA- (Very 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. 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.