ACE Limited : ACE Announces Executive Appointments in its North American Aerospace Insurance Operations
01/17/2012| 04:25pm US/Eastern
The ACE Group today announced new leadership appointments in its
Aerospace insurance operations, part of the company's North American
Property and Specialty Lines Division, to support ACE's commitment to
delivering market-leading global property and liability products,
solutions and services to the Aerospace industry.
Stephen Dinsdale has been appointed Chairman, ACE USA Aerospace, which
comprises Airport & Special Risks, Satellites, and ACE's participation
in the U.S. Aircraft Insurance Group (USAIG) aviation pool. In this new
role, Mr. Dinsdale will apply his extensive experience and expertise to
provide strategic guidance to this rapidly evolving industry and lead
efforts relating to the placement of ACE's aerospace reinsurance
programs. With a career spanning more than 36 years in the insurance
arena, Mr. Dinsdale previously served as Senior Vice President, ACE USA
Airport & Special Risks Unit, since joining ACE in 1998. Mr. Dinsdale
will continue to be based in New Orleans and report to Paul McNamee,
Division President, North America Property and Specialty Lines.
In addition, Jerry Ruth has been appointed to Senior Vice President, ACE
USA Airports & Special Risks, a unit which specializes in underwriting
airport risks and aircraft owned and operated by government entities.
Based in New Orleans, Mr. Ruth will oversee the unit's national
management, underwriting and overall operations. With more than 20 years
of aviation underwriting experience, Mr. Ruth previously served as Vice
President, ACE USA Airport & Special Risks Unit. He joined ACE USA in
1998. Mr. Ruth will report to Mr. McNamee.
"Stephen and Jerry have been instrumental in the ongoing development of
ACE's aerospace underwriting capabilities," said Mr. McNamee. "Their
experience in bringing the full complement of aerospace underwriting and
risk management capabilities to customers and intermediaries will
continue to distinguish ACE in this space."
ACE's Aerospace operations, part of ACE USA, the retail operations of
the ACE Group, offers a broad set of property and casualty insurance
products as well as risk control services offered through ESIS, Inc.
that address the unique risks faced by commercial and general aviation
airport owners and operators, including municipal aircraft, as well as
highly specialized property insurance for satellites. To learn more
about ACE's Aerospace product and service offerings, please visit
ESIS® Inc. ('ESIS') is part of the ACE Group, providing claims and risk
management services to a wide variety of commercial clients. Insurance
provided by insurers within the ACE Group. The product information above
is a summary only. ESIS risk control services may be sold directly to
ESIS's clients, or part of insurance underwriting. Risk control
activities conducted on behalf of the insurer are not intended as a
direct benefit or service to ACE. To learn more about ESIS please visit
The ACE Group is a global leader in insurance and reinsurance serving a
diverse group of clients. Headed by ACE Limited (NYSE:ACE), a component
of the S&P 500 stock index, the ACE Group conducts its business on a
worldwide basis with operating subsidiaries in more than 50 countries.
Additional information can be found at: www.acegroup.com.
ACE North America Communications
Carla Ferrara, 215-640-4744
© Business Wire 2012