ACE USA Appoints Philip Twietmeyer Sr. VP ACE Select Markets

January 22, 2004

Philadelphia-based ACE USA, the U.S.-based retail operations of the ACE Group of Companies, announced the promotion of Philip Twietmeyer to Senior Vice President of ACE Select Markets.

Based in Cherry Hill, N.J., Twietmeyer will continue to have overall responsibility for the NewMarkets Insurance Agency, a wholly-owned agency, for ACE Select Markets. “In addition to marketing professional liability products for ACE, he will be expanding his responsibility to market additional ACE products suitable for small to mid-sized businesses, including environmental liability, workers’ compensation, specialized weather products, and personal lines products for affinity groups,” said the announcement.

“We are pleased to increase the scope of Phil’s position within ACE Select Markets and ACE USA,” stated Patricia Goudarzi, Executive Vice President, ACE Select Markets. “His more than 20 years experience in underwriting and marketing of property, casualty and professional liability lines and his strong background in distribution of commercial and professional liability products will be invaluable as we expand the distribution of ACE products through this business unit and to the smaller-tiered players.”

ACE Select Markets provides specialty personal lines insurance products, which are distributed through large specialty agents, alliances and affinity groups, and distributes ACE’s commercial lines products to the smaller-tiered producers. ACE Select Markets’ specialty personal lines products include coverage for recreational vehicles, collector automobiles, motorcycles, recreational boats and yachts.

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