PHILADELPHIA - June 24, 2004 - ACE USA, the U.S.-based retail operations of The ACE Group of Companies, today announced the appointment of Gary Ratzker as Vice President, strategic planning & business implementation for ACE Risk Management (ARM). Mr. Ratzker will have overall responsibility for product development and the execution of new business initiatives for ACE Risk Management. Based in New York City, Mr. Ratzker will report to William Curcio, President of ACE Risk Management.
"Gary's knowledge and breadth of experience in the retail brokerage and risk management arena assures that he is well-positioned for this role," said Mr. Curcio. "His vast industry expertise and past success will be instrumental in forging new relationships and will enable us to continue to exceed customer expectations at every level."
With more than 18 years of retail brokerage and risk management industry experience, Mr. Ratzker joins ACE USA from Willis North America, where he most recently served as Marketing Manager for its New Jersey operations. Prior to his tenure with Willis, he served in a variety of broker, marketing and risk management positions with Aon Corporation, Hilb, Rogal & Hobbs (HRH) and Hub International. Mr. Ratzker holds a bachelor of science degree in business administration and statistics from Baruch College and an MBA in Finance from Fordham University.
"I look forward to working with the entire ACE Risk Management team as we continue to broaden our unique product offerings, respond to our customers with creative solutions and focus on expanding our relationships in the large-risk marketplace," said Mr. Ratzker.
ACE Risk Management offers comprehensive risk management programs and services to large corporations, 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.
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ACE USA is a U.S.-based retail operating division of The ACE Group of Companies, headed by ACE Limited (NYSE: ACE), 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.