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Suresh Krishnan, Global Accounts Leader, Asia Pacific & Latin America (Photo: Business Wire)

Stocks in this article: ACE

ACE Group announced today that Joseph Clabby has been named Division President, Global Accounts. In this new role, Mr. Clabby will lead ACE’s division serving large multinational customers around the globe with complex underwriting and servicing needs. The new Global Accounts division encompasses regional teams of global client and claims executives and multinational servicing units, the North American National Accounts segment, and the global services group that manages the award-winning ACE Worldview® information portal for clients and brokers.

Joseph Clabby, Division President, Global Accounts, ACE Group (Photo: Business Wire)

Joseph Clabby, Division President, Global Accounts, ACE Group (Photo: Business Wire)

Currently Regional President of ACE’s Continental Europe operations, Mr. Clabby will relocate from Paris to New York and report to John Keogh, Vice Chairman and Chief Operating Officer, ACE Limited, and John Lupica, Chairman, Insurance – North America.

In addition, John Alfieri (North America), Michael Furgueson (Europe, Middle East and Africa) and Suresh Krishnan (Asia Pacific and Latin America) will lead the Global Accounts division for their respective regions, reporting to Mr. Clabby. These executives will have responsibility for delivering ACE’s global capabilities to multinational clients and brokers in their regions, including the company’s broad product portfolio, sophisticated claims and risk management services, advanced technology, regulatory compliance expertise and network of local operations and partners in more than 190 countries. They will also oversee regional client and claims executives and servicing teams that are focused on multinational clients and brokers. Mr. Alfieri will also have responsibility for ACE’s National Accounts segment in North America.

“The new Global Accounts division at ACE represents a further investment and significant commitment to both our large National Accounts customers in North America and our multinational customers around the globe,” said Mr. Keogh. “More and more companies are finding opportunities to do business outside their home countries. As a result, they need an insurance company that can help them with their global risk exposures. ACE is one of the very few insurers capable of coordinating underwriting across multiple lines and geographies and delivering truly global services to both brokers and clients. Global Accounts brings to bear all of ACE’s capabilities – our people, products and network infrastructure – to serve this important and growing market.

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