ACE Creates Asia-Pacific Unit to Service Captives, Complex Multinationals

ACE Group has created a dedicated and centralized unit in Asia Pacific in response to increasing demand from corporate customers to deliver tailor-made risk transfer and risk managed solutions.

Based in Singapore, this unit will provide customized products and services to captive insurers and complex multinational clients to serve their unique and sophisticated needs, the company said in a statement.

Existing and prospective clients will benefit from the dedicated focus this unit will bring to the design and delivery of tailored insurance products and services, ACE said.

Among these products is ACE Worldview®, the web-based desktop portal that enables clients to manage and track all aspects of their insurance programs in real time.

Complementary to his role as global client executive – Asia Pacific, Peter Kuczer has been appointed to lead this new unit. He will be responsible for setting the strategic direction and execution of business plans, while delivering client service in cooperation with the underwriting teams across 12 countries in the Asia-Pacific region. Kuczer will report to Paul McNamee, deputy president, Asia Pacific and regional head of property & casualty.

“This appointment acknowledges and builds upon Peter’s accomplishments, leadership, and proven success in working with regional brokers and clients, to help them better navigate the diverse range of products and services offered by ACE’s Global Accounts Division,” said McNamee.

“Complex multinational and captive fronted programs are of particular interest to ACE as we continue to invest in our multinational capabilities. The establishment of the centralized unit to supplement our existing operations will further enhance our leadership presence in this growing and sophisticated market,” McNamee added.

Source: ACE Group