ACE announced the leadership team it intends to appoint for the company’s Global Surety business unit. The appointments will take effect upon completion of the acquisition of Chubb, which is expected in the first quarter of 2016.

As previously announced, Stephen Haney will serve as Division Chairman, North America Surety, and Chief Underwriting Officer, Global Surety. Mr. Haney is currently Division President, Surety for ACE USA, and Chief Underwriting Officer, Global Surety for ACE Group. Mr. Haney will continue to report to John Lupica, who will serve as Vice Chairman of the new Chubb Group, and President, North America Major Accounts and Specialty Insurance.

As previously announced, Richard Ciullo will serve as Chief Operating Officer of North America Surety. Currently Senior Vice President and Chief Operating Officer for Chubb Surety, Mr. Ciullo will assist in the P&L performance of the product line and, together with Mr. Haney, will be responsible for the successful integration of ACE and Chubb surety products in order to deliver a best-in-class offering to the company’s brokerage distribution partners.

Teresa Black will serve as Head of Commercial Surety for the United States and Canada. Ms. Black is currently Senior Vice President and Chief Operating Officer for ACE’s Surety division. Ms. Black will be responsible for the strategy and product management of commercial surety products and services offered through the Major Accounts, Commercial Insurance and Small Commercial business units that serve customers in the U.S. and Canada.

Matthew Lubin will serve as Head of Construction and International Surety. Mr. Lubin is currently Senior Vice President and Chief Underwriting Officer for Chubb Surety. Mr. Lubin will be responsible for the strategy and product management of contract surety products and services offered through the Major Accounts, Commercial Insurance and Small Commercial business units that serve customers globally.

Messrs. Ciullo and Lubin and Ms. Black will report to Mr. Haney.

Underwriting Leadership

Global Surety underwriting will be organized by client size, scope and territory. The three business segments are Engineering & Construction, Construction Surety, and Commercial Surety.

Engineering & Construction Leadership

Richard Barnett will serve as Director, Engineering & Construction. Mr. Barnett will have underwriting responsibility for clients that operate with a broad footprint in North America and/or globally, and will also support surety branch underwriting activities in Asia, Canada and Europe. Mr. Barnett is currently Senior Vice President and Surety Director, National Engineering & Construction for Chubb. He will report to Mr. Lubin.

Latin America Leadership

Arturo Martinez will lead the geographic expansion, strategy and management for surety products and services offered in Latin America. Mr. Martinez is currently Senior Vice President, Surety Latin America for ACE. He will report to Jorge Luis Cazar, who, as previously announced, will serve as Senior Vice President of the new Chubb Group and Regional President, Latin America, and to Mr. Haney.

Dekker Buckley will be responsible for the oversight and monitoring of surety underwriting throughout Latin America. Mr. Buckley is currently Vice President and Surety Director for Chubb Latin America. He will provide underwriting support for complex surety transactions, oversee the execution of underwriting best practices, and lead portfolio management for Surety operations in Latin America. Mr. Buckley will report to Mr. Lubin.

U.S. Construction Leadership

The U.S. Construction segment will serve clients that operate within a regional or local footprint.

Kevin Waldron will be responsible for the Construction Group and Small Construction, supporting surety branch underwriting activities in San Francisco, Los Angeles, Kansas City, Cincinnati, Chicago and Minneapolis. Mr. Waldron is presently Vice President and Surety Construction Director for Chubb. Mr. Waldron will report to Mr. Lubin.

Donna Powers will be responsible for the Construction Group supporting surety branch underwriting activities in New York, Philadelphia, Atlanta, Houston and Warren, NJ. Ms. Powers is currently Vice President and Surety Construction Director for Chubb. Ms. Powers will report to Mr. Lubin.

Commercial Surety Leadership
The Commercial Surety segment will serve clients of all sizes that operate domestically and globally.

Joseph Gaskill will be responsible for the Commercial Group, supporting surety branch underwriting activities in San Francisco, Los Angeles, Chicago and Houston. Mr. Gaskill is currently Senior Vice President, Commercial Surety for ACE. Mr. Gaskill will report to Ms. Black.

Craig Gortner will be responsible for the Commercial Group, supporting surety branch underwriting activities in New York, Philadelphia, Boston and Atlanta. Mr. Gortner is currently Senior Vice President, Commercial Surety for ACE. Mr. Gortner will report to Ms. Black.

Operating Leadership

Catherine Donahue will serve as Surety Operations Manager. Ms. Donahue will be responsible for servicing current clients, supporting underwriting workflow, and leveraging technology. Ms. Donahue is currently Vice President and Surety Operations Manager and Construction Director for Chubb. In addition to reporting to Mr. Ciullo, Ms. Donahue will report to James English, who is currently North America Chief Operations Officer for ACE and will continue to serve in that role.

Christopher Parker will serve as Surety Chief Credit Officer. Mr. Parker will be responsible for portfolio management and underwriting compliance. Mr. Parker is presently Vice President and Surety Commercial Director for Chubb. Mr. Parker will report to Mr. Haney.

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.