The ACE Group of Companies has appointed Robert Courtemanche as the new CEO of ACE Private Risk Services, effective April 7, 2008.

Mr Courtemanche will be responsible for directing the overall growth and profitability of ACE’s personal insurance lines, including ACE Recreational Marine and Private Risk Services, the North America-based high-net-worth personal lines business of ACE.

Mr Courtemanche has more than 20 years of personal lines insurance industry experience, with a special focus on leading businesses that insure the assets of affluent clients. He joins ACE from Fireman’s Fund, where he served as president of its personal insurance business.

Mr Courtemanche will report to Brian Dowd, ACE’s CEO for Insurance-North America.

Mr Dowd said: I’m pleased to welcome Bob to ACE. His proven leadership, industry knowledge and innovative thinking in the personal lines arena will be invaluable in contributing to the growth and success of this unique business.