September 01, 2016 12:08 AM ET


Company Overview of ACE Overseas General

Company Overview

ACE Overseas General offers insurance to sectors such as property, casualty and accident, health, professional risk, marine, political risk, and aerospace. ACE Overseas General comprises the insurance operations of ACE Latin America, ACE European Group, ACE Far East and ACE Asia Pacific. It is based in Hamilton, Bermuda. ACE Overseas General operates as a subsidiary of ACE Limited.



Key Executives for ACE Overseas General

Chief Operating Officer
Age: 50
President of Accident and Health Division
President of International Personal & Business Insurance Division
President of Commercial Property & Casualty Division
Executive Vice President of International Personal Lines
Compensation as of Fiscal Year 2016.

ACE Overseas General Key Developments

ACE Global Markets Ltd. and ACE Overseas General Announces Executive Appoitments

ACE Group announced appointments to its ACE Global Markets (AGM) and ACE Overseas General (AOG) energy teams. Matthew Hardy has been appointed Product Head AGM Energy and Head of International Energy, AOG. In his new role, Matt will head ACE's efforts to develop and deliver innovative solutions for AGM energy clients' complex international operations and risk management needs. Matt joined ACE 19 years ago and has steadily progressed from Assistant Underwriter to Head of Onshore Energy to Chief Underwriting Officer, ACE Overseas General Energy and most recently Head of International Energy Division. In his new role he will report to Matthew Shaw, Divisional President, ACE Global Markets and Roger Giddings, EVP, Global Energy, AOG. Andy Brown has been promoted within the AOG Energy team to Global Head of Downstream Energy from his previous position of Senior Underwriting Officer. In his new role, Andy will lead the efforts to increase ACE's global presence and enhance local access to ACE's energy capabilities internationally in the downstream energy sector.

ACE Overseas General Appoints Tim Stapleton as Vice President and Cyber Insurance Product Manager

ACE Group announced that Tim Stapleton has joined the company as Vice President and Cyber Insurance Product Manager for ACE Overseas General, the company’s general insurance business outside of North America. In this newly created position, Mr. Stapleton will focus on advancing and accelerating the development and execution of ACE’s cyber initiatives, a role that encompasses underwriting, strategy, product development, vendor management and providing leadership to ACE’s regional teams. Mr. Stapleton reports to Timothy O’Donnell, Executive Vice President, Financial Lines, ACE Overseas General, and Toby Merrill, Senior Vice President, Global Cyber Practice Leader. Mr. Stapleton brings to ACE 12 years of underwriting and management experience in professional liability and cyber risk. He joins ACE from Zurich General Insurance, where he served most recently as Global Underwriting Manager for Professional and Management Liability, responsible for the development, implementation and maintenance of global technical underwriting standards, product strategies and guidelines for the company’s professional and management liability and cyber sublines.

ACE Group Announces Executive Changes of ACE Overseas General

ACE Group announced the appointment of Andrew Williamson as its new Executive Vice President, Global Marine, for ACE Overseas General, effective from 1 July. In his new role, Andrew will have overall responsibility for the performance, development and future growth of ACE's marine insurance portfolio internationally, including for its wholesale, global accounts and middle market clients. He joined ACE in January 2004 as Cargo Underwriter and UK&I Cargo Manager for ACE Global Markets. Andrew succeeds Peter Seymour who, after 14 years at ACE and a career in marine insurance spanning almost 40 years, has decided to step down from the role. Peter will continue serving as Technical Consultant.

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