ACE Names Juan Andrade to COO of Its ACE Overseas General International Insurance Business
The ACE Group announced today that Juan Andrade, Division President, Global Personal Lines and Small Commercial Insurance, has been named to the additional post of Chief Operating Officer of the company's Insurance – Overseas General business, effective immediately.
In this new role, Mr. Andrade will assume a range of general management, underwriting and business development responsibilities for the company's non-life insurance operations in 50 countries in the Asia Pacific, Latin America, and Europe, Middle East and Africa regions. Based in New York, Mr. Andrade will continue to lead the company's personal lines and small commercial insurance business globally and will continue to report to Evan G. Greenberg, ACE Limited Chairman and Chief Executive Officer, and John Keogh, Vice Chairman and Chief Operating Officer, ACE Limited, and Chairman, Insurance – Overseas General.
“Personal lines and small commercial insurance are strategic growth areas for the company, and under Juan's leadership, these businesses have developed quickly and produced strong results for ACE globally, particularly in the emerging markets of Asia Pacific and Latin America,” said Mr. Keogh. “In this expanded role, over time Juan will bring his considerable operations, general management, underwriting and business development leadership to bear across our organization. I look forward to working with him to continue the growth and development of our non-life business outside North America.”
The ACE Group is one of the world's largest multiline property and casualty insurers. With operations in 53 countries, ACE provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. ACE Limited, the parent company of the ACE Group, is listed on the New York Stock Exchange (NYSE: ACE) and is a component of the S&P 500 index. Additional information can be found at: www.acegroup.com.
© 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.