New initiative is likely to create a network of senior-level client executives

The ACE Group of insurance and reinsurance companies has unveiled a new client executive initiative designed to enhance the service it provides, to meet the complex insurance needs of multinational and large account clients across the globe.

According to the company, the new initiative will allow to create a network of senior-level client executives in markets around the world. In their roles, client executives will work closely with customers and distribution partners to gain an understanding of clients’ risks and exposures and provide a single point of contact to help them take advantage of the company’s global products and services.

To lead the effort, ACE has appointed Ed Zaccaria as president of ACE client executives. Most recently, Ed Zaccaria served as president, ACE global underwriting. He will report to both John Keogh, CEO of ACE overseas general, and John Lupica, president and CEO of ACE USA.

Mr Zaccaria said: “The risks faced by large, complex organizations in today’s global economy are constantly evolving, and so are the products and services ACE delivers. Our team of dedicated client executives will serve a critical role in bringing ACE’s full capabilities to bear so we can meet customers’ needs in a comprehensive fashion on a worldwide basis.”

Evan Greenberg, chairman and CEO of ACE, said: “ACE’s clients and distribution partners are looking for a nimble company that can recognise and respond to their needs on a global, multi-line basis, through a single point of contact. This initiative, under Ed’s leadership, is an important step in achieving these objectives.”