ACE USA, the U.S.-based retail operating division of the ACE Group, has appointed Caroline Clouser as executive vice president of the medical risk and life sciences business. She will be based in New Jersey.
In this expanded role, Clouser will oversee the underwriting, marketing and operations for ACE USA’s medical risk business, with the added responsibility for the life sciences division.
Clouser, who previously served as executive vice president, ACE medical risk, will be based in Jersey City, N.J., and will continue to report to Ross Bertossi, division president of casualty lines.
She has more than 21 years of insurance industry experience, with particular emphasis in the areas of claims, underwriting and compliance in the medical malpractice industry. She has held several positions with ACE medical risk division, including senior vice president and chief underwriting and compliance officer, where her responsibilities included oversight of underwriting execution for the organization, and profit and loss responsibility for the medical professional liability products, including management of the underwriting team.
Clouser joined ACE in 2002, and spent two years working in ACE’s offices in Zurich, Switzerland, leading the effort to build the medical professional and products liability business on a global basis.
ACE USA is the U.S.-based retail operating division of the ACE Group, one of the world’s largest multiline property/casualty insurers.
With operations in 53 countries, ACE provides commercial and personal property/casualty insurance, personal accident supplemental health insurance, reinsurance and life insurance to a diverse group of clients. The ACE Group is part of Zurich, Switzerland-headquartered ACE Limited.