News Releases

ACE Makes New Appointments for Its Property & Casualty Business in Asia Pacific
Feb 7, 2014

SINGAPORE--(BUSINESS WIRE)--ACE Group announced today new appointments for its Property & Casualty business in the Asia Pacific region:

Mr. Neil Moon, currently Head of Casualty, Asia Pacific, will assume the position of Chief Underwriting Officer, Asia Pacific. Appointed to his current role in 2011, Mr. Moon has a distinguished career spanning over 25 years in Property & Casualty for both the insurance and reinsurance businesses. His wealth of international experience comprises underwriting leadership positions in Australia, Singapore, Hong Kong, USA and the UK. As Chief Underwriting Officer, Asia Pacific, Mr. Moon will be responsible for a broad range of underwriting disciplines, including portfolio management, data analytics, market research, product development and underwriting audit functions across the Property & Casualty product lines in the region. His team is tasked with ensuring that ACE continues to meet the needs of its business partners while maintaining its robust underwriting performance.

Succeeding Mr. Moon is Mr. Adam Clifford, who will have oversight of the full suite of products and services for ACE’s Casualty business in the region. Mr. Clifford comes to ACE with 16 years of casualty insurance experience. He has a proven track record of building highly successful portfolios as well as developing and enhancing broker and customer relationships in large and diverse multinational organizations in the UK and the Asia Pacific region. Mr. Clifford’s broad expertise encompasses technical underwriting, business and product development, portfolio management and risk assessment.

Mr. Moon will be based in Sydney, Australia and Mr. Clifford in Singapore. Both will report to Mr. Paul McNamee, Deputy Regional President and Regional Head of Property & Casualty for Asia Pacific.

Mr. McNamee said, “The appointments demonstrate our commitment to our clients and distribution partners as an underwriting company with a clear and consistent vision for growth as a leading Casualty insurer in Asia Pacific. Underscoring the depth of talent at ACE, Neil is a proven leader with a wealth of underwriting knowledge and experience that position him well in spearheading the development and execution of our underwriting ethos for our business. We are also fortunate to have a seasoned executive like Adam lead our Casualty business. His breadth of industry experience as well as success in managing and growing Casualty portfolios at leading multinationals will be valuable to ACE as we continue to harness the vast growth opportunities in Asia Pacific.”

ABOUT ACE

ACE Group is one of the world’s largest multiline property and casualty insurers. With operations in 54 countries, ACE provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. ACE Limited, the parent company of ACE Group, is listed on the New York Stock Exchange (NYSE: ACE) and is a component of the S&P 500 index.

Additional information can be found at: www.acegroup.com.

Contact:

ACE Asia Pacific
Michele Anne Minjoot, 65-6398-8708
Michele.minjoot@acegroup.com