ACE Group Appoints David Heard Senior Vice President, Personal and Business Insurance, Latin America

SANTIAGO, Chile--May 6, 2014--(BUSINESS WIRE)--ACE Group announced today that David Heard has been appointed Senior Vice President, Personal and Business Insurance, for the company’s Latin America region. In this role, he will be responsible for all personal lines and small commercial business in the Latin America region.

Mr. Heard joins the company from American International Group, where he has held leadership roles at the country, regional and home office levels, most recently as Senior Vice President, Strategic Business Expansion. He has more than 25 years of industry experience in emerging and mature markets, including Brazil, Chile, Mexico and the U.S. Mr. Heard’s international experience spans line of business management, strategic planning, direct marketing, agency distribution, pricing, underwriting and portfolio management.

He will report to Jorge Luis Cazar, ACE Group Senior Vice President and Regional President, Latin America, and Darryl Page, ACE Group Vice President and Division President, International Personal and Business Insurance.

“We are pleased to welcome David to this important role leading our personal lines and small commercial business in Latin America,” said Mr. Cazar. “The depth and breadth of David’s insurance industry experience is matched by his deep knowledge of the region. He has had extensive cross-cultural experience and speaks Spanish, Portuguese and English. Latin America is an important, growing market for ACE, and we’re fortunate to have David as part of the team.”

ACE Group is one of the world’s largest multiline property and casualty insurers. With operations in 54 countries, ACE provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. ACE Limited, the parent company of ACE Group, is listed on the New York Stock Exchange (NYSE:ACE) and is a component of the S&P 500 index. Additional information can be found at: www.acegroup.com.

Contact:

ACE Group
Vivian Budinich, (562) 5498276