PHILADELPHIA - August 31, 2004 - ACE Risk Management (ARM)
SM, a unit of ACE USA-the U.S.-based retail operating division of The ACE Group of Companies-today announced the appointment of David Brodsky, Senior Vice President, to lead the recently-established Corporate Risk Solutions initiative. Entering this new market segment represents an expansion of ACE Risk Management's product offerings targeted toward mid-sized companies through the establishment of specialized teams of experienced, seasoned professionals in each of its branch offices across the U.S.
Based in New York City, Mr. Brodsky and his team will target companies with revenues between $100 million and $700 million range.
"Establishing this new corporate risk initiative allows us to focus on serving the middle market segment-an increasingly critical marketplace," said William Curcio, President of ACE Risk Management. "Dave's extensive experience in working with the middle market enables him to lead these specialized regional teams in providing effective solutions to address their specific needs."
With more than 25 years risk management experience serving the middle market segment, Mr. Brodsky joined ACE USA in August 1999 as Branch Manager for the New York Region. He most recently served as Senior Vice President of ACE Casualty Risk's Custom Casualty unit and prior to that position, as Vice President of ACE Risk Management. Mr. Brodsky earned his bachelor's degree in business administration from the College of Insurance, a part of St. John's University in New York City.
ACE Risk Management offers comprehensive risk management programs and services, which are uniquely designed and customized to assist companies in any industry deal with the significant costs of financing and managing risk. To learn more about ACE Risk Management's products and services, visit www.aceriskmanagement.com
ACE USA is the U.S.-based retail) operating division of The ACE Group of Companies, headed by ACE Limited (NYSE: ACE), and is rated A (Excellent) by A.M. Best Company and A+ (Strong) by Standard & Poor's. ACE USA, through its underwriting companies, provides insurance products and services throughout the U.S. Additional information on ACE USA and its products and services can be found at www.ace-ina.com. The ACE Group of Companies provides insurance and reinsurance for a diverse group of clients around the world.