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ACE USA Restructures Global Property Division

In his eight years with ACE, Mr. Church has held various positions of increasing responsibility in underwriting and executive management. Most recently he was responsible for overseeing the Eastern Zone Property operations encompassing the Northeast, New York, Mid-Atlantic, and Southeast regions. Prior to joining ACE, he held underwriting positions with other large global carriers. Mr. Church will continue to be based in New York City.

Mr. Konz joined ACE in June 2012. With 13 years of technical property catastrophe expertise, he is able to utilize his analytics background in reinsurance to lead the underwriting and new product development in the Specialty Catastrophe Unit. Mr. Konz will be based in Eden Prairie, Minn.

Mr. Stoer has more than 16 years of experience in the global property and marine arena, having joined ACE in 2006. Prior to his current role, he most recently served as Vice President, Global Account Manager for ACE USA Property and Specialty Lines. Prior to joining ACE, Mr. Stoer focused on global and national business for retail and wholesale brokers in his role as an underwriting team manager for a global insurance company, and as global property & foreign casualty broker and account manager for a global broker, based in New York City. He also served as an account team manager at a national marine claims adjusting company. Mr. Stoer will continue to be based in New York City.

ACE Property and Specialty Lines Division, part of North America Property, offers comprehensive management solutions for the property, marine, inland marine, energy and aviation insurance needs of U.S.-based companies, ranging from mid-size domestic to large multinational, as well as provide customized fee-for-service engineering consulting for long-term client loss control solutions. North America Property & Specialty is comprised of ACE’s property-related products and services cross the company’s North American franchises: ACE USA, ACE Canada and ACE Westchester.

The ACE Group is one of the world’s largest multiline property and casualty insurers. With operations in 53 countries, ACE provides commercial and personal property and casualty insurance, personal accident supplemental health insurance, reinsurance, and life insurance to a diverse group of clients. ACE Limited, the parent company of the 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 .

Copyright Business Wire 2010
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