ACE Names Schrader Executive VP, General Counsel – Overseas Operations

November 24, 2009

The ACE Group announced the promotion of Howard S. Schrader to Executive Vice President and General Counsel of ACE’s Overseas General operations, responsible for the delivery of all legal services to ACE’s P/C and casualty and accident and health insurance units outside of North America.

ACE noted that the promotion “expands his scope of responsibility from the Asia Pacific and Latin America regions currently to include ACE’s 26-country presence in Europe, the Middle East and Africa.” Schrader will continue to be based in New York and reports to John Keogh, CEO of ACE’s Overseas General operations, and Robert Cusumano, General Counsel, ACE Limited.

“Howard has demonstrated his ability to navigate the complicated legal terrain of our overseas operations, and has become a trusted partner and advisor for our businesses in the Asia Pacific and Latin America regions,” Keogh noted. “We look forward to his counsel across our full international footprint as we continue to develop our insurance businesses around the world.”

Schrader joined ACE in 2008 as Senior Vice President and General Counsel for the Asia Pacific, Far East (Japan) and Latin America regions. Previously, he was with DLA Piper LLP in New York, where he provided counsel to ACE on a range of matters as well as to major U.S. insurers and foreign companies engaged in securities, contract and mergers-and-acquisitions litigation. Prior to DLA Piper, he was a partner with Coblence & Warner in New York, where he dealt with insurance litigation, cross-border transactions and securities law.

Source: ACE Group – www.acelimited.com

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