ACE Group today announced the appointment of Mark Homan as Executive
Vice President, Casualty, for ACE’s international insurance operations,
effective 1 July, 2012. In this role, Mr. Homan will be responsible for
the company’s commercial liability insurance business in 50 countries
throughout Asia, Latin America, Europe, the Middle East and Africa. He
will continue to be based in London and will report to David Furby,
Division President, Commercial Property & Casualty, ACE Overseas
General. Mr. Homan will succeed Keith Stibbards, who is retiring after
more than 40 years of service and will continue to serve in an advisory
capacity.
An insurance executive with nearly 20 years of industry experience, Mr.
Homan has served as Senior Vice President, Casualty, for ACE’s
international insurance operations since joining the company in early
2011. Prior to ACE, he held management positions in Europe for Chartis
from 2001 to 2010 and underwriting positions in Europe and the US for
Allianz, where he began his insurance career in 1993. Mr. Homan holds a
Bachelor’s degree in European Business Administration from Middlesex
University in London and Fachhochschule in Reutlingen, Germany.
“We are delighted to have an underwriter of Mark’s calibre in this key
role,” said Mr. Furby. “His leadership experience and wealth of
expertise in liability classes ideally position him to lead our
international casualty team as we continue to grow and develop this
business around the world. At the same time, we would like to thank
Keith for the huge contribution he has made to ACE over a long and
distinguished career. We congratulate him upon his retirement and wish
him all the best for the future.”
About ACE:
The ACE Group is one of the world’s largest multiline property and
casualty insurers. With operations in 53 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 the 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
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