PHILADELPHIA- August 21, 2002 - ACE Risk Management (ARM), part of ACE USA, today announced the creation of a new unit, ARM Custom Casualty. The ARM Custom Casualty unit will specialize in general and product liability coverages for insureds with challenging exposures. In addition to providing general and product liability insurance, ARM Custom Casualty can write companion automobile liability coverage. Typically, insured programs will be written in excess of a self-insured retention.
ARM Custom Casualty will write primary, as well as buffer layer coverage. In addition, on a select basis, ARM Custom Casualty, in conjunction with other ACE USA resources, will write up to $25 million in insured limits.
Leading ARM Custom Casualty as senior vice president is Dave Brodsky. Dave and his team of seasoned professionals will be based in New York. "Dave brings a wealth of knowledge and experience in primary casualty and has played an important role in the success of ACE Risk Management within our parent organization, ACE USA," said Bill Curcio, president, ACE Risk Management. "We are pleased to offer this new product to our customers, and prospective customers in response to changing marketplace needs."
Brodsky joined ACE USA in August of 1999 as branch manager, New York Region, ACE Risk Management. Prior management roles in the Northeast region included vice president, Reliance National and middle market responsibility at Home Insurance. Brodsky earned his bachelor of science degree in business administration from the College of Insurance.
For more information please contact Dave Brodsky, senior vice president, ACE Risk Management, Custom Casualty at (646) 458-7070.
ACE Risk Management is part of ACE USA. Headquartered in Philadelphia, ACE USA is the U.S.-based operating division of the ACE Group of Companies, headed by ACE Limited (NYSE: ACE). ACE USA provides insurance products and services through the U.S. operating subsidiaries. ACE USA is rated "A" (Excellent) by A.M. Best and "A+" (Strong) by Standard & Poor's. The ACE Group of Companies provides insurance and reinsurance for a diverse group of clients around the world. Additional information can be found at: www.ace-ina.com.