Ace strengthens casualty leadership team
Ace Group has strengthened its casualty insurance business across Continental Europe with the appointments of Jerome Salmon and Connie Germano.
Salmon will take on the position of regional casualty manager, Continental Europe. In this role, he will have profit centre responsibility for Ace’s casualty portfolio across the region. He will also be responsible for driving strategy for the portfolio, ensuring its profitable growth and continuing its expansion into new niche markets. Previously, Salmon had regional responsibility for Ace’s multinational and major risk casualty accounts in Continental Europe.
He will continue to be based in Paris and will report to Jeff Moghrabi, chief operating officer, Continental Europe at Ace and Mark Homan, executive vice president, casualty for Ace Overseas General. Salmon replaces Rosemary Ness.
Germano, currently casualty manager, middle market and life sciences, Continental Europe at Ace, has been promoted to the role of regional technical manager casualty and underwriting manager casualty specialties, Continental Europe.
Germano will retain her existing technical underwriting responsibilities, and continue to oversee and grow Ace’s life sciences portfolio in the region. She will also assume additional responsibility for managing underwriting and product development for casualty in the specialty areas of product recall, food tamper, construction, chemicals and energy risks. She will continue to be based in Zurich and will report to Salmon.
“Casualty is a sector of great strategic importance for Ace in Continental Europe, where we have we have built up significant breadth and depth of expertise,” said Jeff Moghrabi. “These promotions reflect our continued investment and will help us continue to deploy our international and local knowledge to support the evolving needs of our customers.
“Jerome’s outstanding underwriting credentials, extensive market experience and progress in developing Ace’s European multinational and major account portfolio mean he is ideally placed to lead our regional casualty team and shape our future strategy. Meanwhile, Connie has been instrumental in driving our successful entry into new areas in Europe such as life sciences and product recall and her expanded role will help us to step up our focus on product development.
“Finally, I would like to thank Rosie Ness for her significant contribution to ACE over more than 20 years and wish her well for the future.”