ace ltd (ACE) Snapshot

The ACE Group announced the appointment of Arturo Martínez as Vice President of Surety in Latin America and Director General of ACE Fianzas Monterrey. Mr. Martínez will be responsible for the growth and development of the company's surety capabilities in the region and will support the continued development of the company's global surety offering.

ACE Limited announced the introduction of a new Contractors Pollution Liability (CPL) Owner-Controlled Insurance Program (OCIP) for the healthcare industry. This new policy can be used to offer Contractors Pollution Liability coverage for both new construction and renovations of hospitals, outpatient facilities, clinics, laboratories, and assisted living operations. This coverage is available for healthcare facility owners and general contractors & construction managers who provide contracting services to the healthcare industry. Key coverage features include: Limits available up to $50 million; Sudden, accidental and gradual pollution coverage from covered operations; Pollution conditions to include fungi and bacteria, including legionella, on an occurrence basis; Policy covers bodily injury, property damage and remediation costs; Pollution conditions from transportation activities to and from the jobsites; Fungi and bacteria coverage included in form; Other standard coverage grants to include blanket non-owned disposal sites & supplementary payments; Coverage to be written as an Owner Contractor-Controlled Insurance Program; Responsive underwriting staff with strong expertise in providing environmental risk solutions; Dedicated environmental claims specialists; and Backed by the ACE Group's financial strength and excellent reputation.

The ACE Group announced the appointment of Lisa Humphrey as a Global Client Executive. Ms. Humphrey will be based in Los Angeles, and she will work collaboratively with a select group of ACE's global clients and distribution partners to provide access to a broad range of global risk management solutions. Ms. Humphrey will report to John Alfieri, Division President, ACE Global Client Executives. With more than 20 years of experience in the insurance industry, Ms. Humphrey joins ACE from a global brokerage firm, where she led the company's West Coast Global Client Network practice for large U.S.-based multinational accounts servicing their international placement needs in more than 125 geographic regions.