ACE Ltd. announced that John Keogh, vice chairman and chief operating officer, has been appointed executive vice chairman of the company.
Keogh will continue to serve as chief operating officer with responsibility for all property & casualty insurance operations of the company globally. The appointment is effective immediately and will continue upon completion of the acquisition of Chubb, which is expected in the first quarter of 2016.
Keogh joined ACE in 2006 to head the company’s Overseas General business. He was appointed vice chairman of ACE Ltd. in 2010 and chief operating officer in 2011. Keogh joined ACE after more than 20 years with American International Group, where he last served as senior vice president, Domestic General Insurance, and president and chief executive officer of National Union Fire Insurance Company, AIG’s company that specializes in directors and officers liability and fiduciary liability coverages. Keogh holds a Bachelor of Arts degree in Economics from Brown University.
“It is with great pleasure that I announce the appointment of John Keogh to executive vice chairman of ACE,” said Evan Greenberg, chairman and chief executive officer, ACE Ltd.
“John has made substantial contributions to the success of our company and this great recognition is well deserved. As our number two executive and my longtime trusted colleague, John is an exceptional insurance executive with tremendous leadership and global industry experience,” Greenberg said.
“As we look to the future of the company following our acquisition of Chubb, John will play a significant role in executing our ambitious growth strategies and realizing our full potential as the world’s largest publicly traded P&C company,” he added.
Source: ACE Group
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