News Releases

PHILADELPHIA--(BUSINESS WIRE)--The ACE Group today announced the appointment of Tim O’Donnell to the position of Division President, North America Professional Lines. Based in New York City, Mr. O’Donnell will have responsibility for managing ACE’s retail and wholesale professional risk-related products and services, across the company’s North American franchises. In his capacity as North American professional lines leader, Mr. O’Donnell will report to John Lupica, Chairman, Insurance-North America, and in his role as head of the company’s retail professional risk operations, he will report to Chris Maleno, Chief Operating Officer, ACE USA.

“Tim is an important member of ACE’s North American management team. His breadth of experience, knowledge of the professional risk sector, and leadership capabilities make his appointment to this new position a natural choice. He will serve a critical role in overseeing the delivery of ACE’s full complement of professional lines products and services to various customer segments and across distribution channels,” said Mr. Lupica. “ACE USA’s position as a leading D&O carrier has flourished during Tim’s tenure. His wider influence within North America will facilitate better coordinated offerings for customers and brokers across our retail and wholesale platforms.”

Mr. O’Donnell’s responsibilities will encompass a broad array of management liability, professional liability and surety products, including ACE’s market-leading primary and excess directors’ and officers’ liability insurance for public, private, non-profit and financial institutions.

With more than 25 years of insurance industry experience, Mr. O’Donnell joined ACE USA in September 2003 as Executive Vice President, ACE USA Professional Risk. Prior to his tenure with ACE, Mr. O’Donnell held senior leadership positions at American International Group (AIG), serving as Regional Vice President of the New York Zone for the Domestic Brokerage Group, and President of the Financial Institution Group of National Union Insurance Group. He previously served in senior underwriting roles at several national and global carriers and brokers. He received a Bachelor of Science degree in Economics from Boston College.

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.