ACE Overseas Makes Accident/Health Management Appointments

August 9, 2007

ACE Overseas General has appointed Edward Levin, currently Regional Executive Vice President, Accident & Health (A&H), ACE Europe, to the position of Executive Vice President, International A&H. Andy Hollenberg, currently Vice President, A&H, ACE Far East, has been named Senior Vice President, A&H, ACE Europe. ACE plans to name his successor in Japan in the near future.

Levin will report to Ed Clancy, President and COO- ACE Overseas General. He will remain in London and will assist Hollenberg’s transition to Europe.

Levin assumed his current role on joining ACE in 2004, overseeing ACE’s European A&H and Personal Lines operations, and serving as a director of ACE European Group, Ltd. In 2007 he also became CEO of ACE Europe Life Limited, ACE’s new U.K.-based life assurance company. Prior to joining ACE, Levin worked in a number of financial organizations in the United States, Latin America and Europe, including Citibank, Travelers Property & Casualty, Travelers Life & Annuity, and CitiInsurance. He holds an artium baccalaureatus in economics from Harvard College and a master’s degree in business administration from Columbia University.

In his new role, which includes A&H and Personal Lines, Hollenberg will report jointly to Levin and to Andrew Kendrick, Chairman and CEO- ACE European Group. He and his family will relocate to London in preparation for his official start date of October 1.

Hollenberg assumed his current role as head of ACE’s A&H business in Japan in May 2003. He joined ACE in 2000 as head of the A&H business in Canada. Prior to joining ACE he spent 10 years at Avco (now part of Citigroup), where he was involved in national marketing and strategic planning, and finally direct marketing of A&H products for Avco’s captive insurance companies.

Clancy expressed his pleasure that the two men were assuming “greater responsibilities” within the ACE Group, indicating that the ability to “look to our current management staff and to promote from within is an indication of the strength of our organization.”

Source: ACE – www.acelimited.com

Topics Europe

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