Dowd to Take on Vice Chairman Duties at ACE Limited, ACE Group

ACE Limited announced that Brian Dowd, currently CEO, Insurance – North America, has been named to the additional position of Vice Chairman, ACE Limited and ACE Group Holdings.

“In addition to his current responsibilities, which encompass ACE’s property and casualty insurance operations in the United States, Canada and Bermuda, Mr. Dowd will now assume corporate wide executive responsibility for the ACE Group’s global product underwriting boards and the strategy and purchase of the company’s reinsurance programs,” the bulletin explained.

Chairman and CEO Evan G. Greenberg noted Dowd’s “major contributions” to our company, and stressed the “important role he will continue to play in our company’s further growth and development. He praised Dowd’s “leadership, underwriting judgment and thoughtful approach to building our North American franchise,” adding: “I consider Brian, together with John Keogh, who heads our international insurance operations, my senior partners in running ACE’s global insurance business.”

Dowd joined ACE in 1995 and has held a number of senior management positions with the company including President and Chief Executive Officer of ACE Westchester, President of ACE Specialty P&C Group, Senior Vice President of Property for ACE Bermuda and, most recently, Chairman and CEO of ACE USA.

Source: ACE Limited -: www.acelimited.com