ACE Group announced the appointment of Peter van Ratingenas its new country president for its general insurance operation in the Philippines. He succeeds Daniel Daly, who will retire on July 31, 2015.
In his role as country president, van Ratingen will oversee the operations and business development activities of ACE’s key business lines in the Philippines, namely property & casualty, accident & health and personal & business insurance. He will be responsible for the management of regulatory relationships, strategic partnerships and affinity relationships.
He will report to Juan Luis Ortega, regional president for ACE’s general insurance operations in Asia Pacific.
Van Ratingen brings with him more than 20 years of industry experience from a career stretching a number of senior management roles across both Asia and Europe. He joined ACE in 2009 as country president for Indonesia, and was instrumental in expanding the general insurance operation, ACE said in a statement. His most recent role was Asia Pacific’s regional head of bancassurance where he helped accelerate the expansion of this distribution channel by establishing a number of bank partnerships for ACE to access a wider range of customers.
Prior to joining ACE, he was the regional general manager at a boutique consultancy specializing in the financial services sector which provided strategic counsel to clients on direct marketing, sales, and customer acquisition and retention in Asia Pacific. He worked more than 13 years with CIGNA International, where his last position was chief operating officer for CIGNA’s European life, accident & health division.
On van Ratingen’s appointment, Ortega said, “Peter has significant depth of product and distribution expertise in the industry coupled with his strong general management skills. His business acumen and leadership will help steer the company to a level that matches the ambition and opportunity which the Philippines affords us. I would like to take the opportunity to thank Dan for his contributions to ACE over the last five years and wish him all the very best in the future.”
Source: ACE Group
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