Ace Opens West Coast Political Risk and Credit Operation

June 24, 2010

International specialty insurer, ACE Global Markets (AGM), has opened a new U.S. Political Risk and Credit operation based in Los Angeles. The office will serve the West Coast region and will be is headed by Ray Tizabi as its new vice president, Trade Credit.

Tizabi joins AGM from Pinebridge Investments, where he was a vice president in its leveraged loans group. Prior to this, he was West Coast regional manager for AIG Global Trade Credit, a role he held for five years. He will work closely with AGM’s teams in London, New York and Singapore to support the global business.

The new Los Angeles-based operation will provide service to existing West Coast clients and enable the firm to generate additional business in a region that offers significant growth potential in the trade credit area.

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