ACE USA appointed Geoffrey G. Gregory to president, ACE Casualty Risk. Gregory has responsibility for the creation of a new casualty umbrella unit within ACE USA.
ACE Casualty Risk will provide up to $25M in umbrella/excess coverage to businesses whose annual revenues exceed $200M. Coverage will be offered in the first $50M of risk transfer. Additionally, other new product lines will be announced at a future date.
Before joining ACE, Gregory held several progressive management roles within AIG including executive vice president and chief operating officer, Excess Casualty Division.
In this role he was responsible for establishing and implementing strategic and underwriting direction, including new product development, profitability and production. Additionally, Gregory held various positions with Transamerica Insurance, including regional vice president of the Intermountain Region.
Gregory brings to ACE 25 years of technical experience in all aspects of property and casualty insurance, including 16 years in senior management roles.
Was this article valuable?
Here are more articles you may enjoy.
Why Are Property & Casualty Carriers So Profitable? 
The Fidelis Partnership Launches US SME Casualty Reinsurance MGA 
Florida Supreme Court Ruling Could Mean New Pressure to Settle High-Dollar Lawsuits 
Climate Change Keeps Adding to List of Uninsurable Assets, Allianz Executive Says 
