ACE Overseas Names Peel as Chief Information Officer

July 13, 2005

ACE Overseas General, the international insurance operations segment of The ACE Group of Companies, announced the appointment of Andrew Peel as chief information officer.

“ACE Overseas General places a high degree of value on leveraging new technology to support our global business platform,” said Gary Schmalzriedt, chairman and chief executive officer, ACE Overseas General. “Our ability to successfully deploy new technology worldwide will further differentiate ACE from our competitors. In support of that objective, Andrew brings a wealth of global insurance technology experience to the position, and we are pleased that he is joining us.”

Prior to joining ACE, Peel served as managing director, Insurance/Financial Services Consulting Practice Scope at BearingPoint. He has held a number of senior positions at American International Group, Ernst & Young, and Continuum-Europe.

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