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Airgas Announces West Division and Intermountain Region Leadership Changes

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Airgas Announces West Division and Intermountain Region Leadership Changes

RADNOR, Pa.–(BUSINESS WIRE)– Airgas, Inc. (NYS: ARG) today announced that Douglas L. Jones has been named Airgas Division President – West Division, replacing Max D. Hooper who has resigned after 17 years of dedicated service to Airgas and its West Division. Effective immediately, Jones reports to Michael Molinini, Airgas President and CEO, and is responsible for managing the West Division‘s three regions — Nor Pac, NCN, and West — which encompass California, Arizona, Nevada, Oregon, Washington, and north western Idaho.

Doug Jones (Photo: Airgas, Inc.)

“Max Hooper has had a very successful career at Airgas, beginning in 1996 when he joined as President of our Airgas West regional company,” Molinini said. “He served as our Division President for the West Division since 2005 and we all wish him the very best for success in the next chapter of his career.”

Jones most recently served as President – Intermountain Region. The Intermountain region includes Colorado, Utah, Wyoming, Montana, as well as the western areas of North Dakota, South Dakota, and Nebraska, and the majority of Idaho.

“Doug has been with Airgas for more than 24 years,” Molinini continued. “In fact, he has spent his entire career in the packaged gas industry, starting as a medical gas driver while still in college at the University of Utah. Doug’s management of the Intermountain region has led to the significant success the region has experienced over the past several years. We look forward to his continued success as President of our Western Division.”

Jones joined Airgas in 1989 with the acquisition of Utah Welders Supply and went on to manage medical and industrial gas sales before becoming Airgas Intermountain’s Director of Marketing in 1998. He became the region’s Vice President of Sales and Marketing in 2001 and then President of Intermountain in 2006. Jones is a graduate of the University of Utah with a bachelor’s degree in marketing and business.

Mike Eatmon replaces Jones as President – Intermountain Region. Eatmon is a 14-year Airgas veteran and most recently served as an Area Vice President for the Intermountain region. Eatmon was recognized last year with the Airgas Area Vice President of the Year Award for the Airgas Central Division for leading his area in outperforming sales, earnings, and safety goals. Eatmon began his career in the industrial gas industry in 1994 when he joined Scott Specialty

From: http://www.dailyfinance.com/2013/04/11/airgas-announces-west-division-and-intermountain-r/

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ACE Announces Launch of Agriculture Property & Casualty Business

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By Business Wirevia The Motley Fool

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ACE Announces Launch of Agriculture Property & Casualty Business

PHILADELPHIA–(BUSINESS WIRE)– The ACE Group today announced the formation of its agriculture property and casualty insurance business, ACE Agribusiness. ACE Agribusiness is comprised of Penn Millers Insurance Company, acquired by ACE in 2011, and the Farm and Ranch division of Rain and Hail Insurance Service, acquired by ACE in 2010.

ACE Agribusiness will offer farm and ranch and specialty property and casualty commercial insurance products and services to the agriculture market.

“Unifying the Penn Millers commercial agricultural business and Rain and Hail’s Farm and Ranch division under the new name — ACE Agribusiness — strengthens ACE‘s offerings in this segment. It also builds upon ACE‘s leading franchise, broadening our portfolio in this market, by bringing ACE‘s specialty commercial property and casualty expertise to agriculture businesses,” said Michael Coleman, Division President, ACE Agriculture. “We’re pleased to have the opportunity to align these combined property and casualty offerings under the ACE brand. And we’re pleased to expand our substantial agricultural market capabilities through these specialty niche businesses serving the agriculture market.”

Rain and Hail, an insurance subsidiary of the ACE Group, will continue to offer its comprehensive suite of crop products including multi-peril crop insurance, crop hail coverages, and named peril products specific to the agriculture market, under its existing name.

ACE’s agriculture businesses, Rain and Hail, and ACE Agribusiness, headquartered in Johnston, Iowa, is one of the largest providers of multi-peril crop insurance and a leading provider of crop hail and commercial agricultural insurance to farmers and businesses in the United States and Canada. 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 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 (NYS: ACE) and is a component of the S&P 500 index. Additional information can be found at: www.acegroup.com .

The ACE Group
Carla L. Ferrara, 212-827-4744
Carla.ferrara@acegroup.com

KEYWORDS:   United States  North America  Pennsylvania

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The article ACE Announces Launch of Agriculture Property & Casualty Business originally appeared on Fool.com.

From: http://www.dailyfinance.com/2013/04/11/ace-announces-launch-of-agriculture-property-casua/

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ACE USA Announces Executive Appointments in its Global Client Executive Practice and Houston Region

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ACE USA Announces Executive Appointments in its Global Client Executive Practice and Houston Region

PHILADELPHIA–(BUSINESS WIRE)– ACE USA, the U.S.-based retail operating division of the ACE Group, today announced new executive appointments in its Global Client Executives practice and regional operations in Houston:

Pam Humphrey will assume the position of Senior Vice President and Global Client Executive for ACE USA. Ms. Humphrey will be based in Houston, and in her new role she will work collaboratively with select clients and distribution partners to provide access to a broad range of global risk management solutions. Ms. Humphrey most recently served as Senior Vice President and Regional Executive Officer of ACE USA’s Houston region, where her proven leadership and an astute knowledge of the region has solidified ACE‘s presence in this territory. She previously spent 20 years with several other national insurance carriers, serving in various regional casualty underwriting positions, before joining ACE USA in 1999 as Branch Manager of ACE USA’s Houston region. She holds the Chartered Property Casualty Underwriter (CPCU) professional designation. Ms. Humphrey will report to John Alfieri, Division President, ACE Global Client Executives.

“For the past ten years, Pam’s proven leadership has built and positioned the ACE brand in the Houston region. She is a thoughtful, experienced and respected insurance executive. She has also worked to build a strong team in the region, which will now be transitioned to her successor, Joe Connelly,” said Ed Zaccaria, Division President, ACE USA Regional Operations.

Joe Connelly has been appointed as Senior Vice President, Regional Executive Officer, of ACE USA’s Houston region. Based in Houston, Mr. Connelly will be responsible for setting and driving the overall strategic direction for this region. He will oversee the regional production plans, distribution, product sales, marketing, and producer management. Mr. Connelly most recently held the position of Vice President and National Segment Leader in the Houston region, where he was critical in responding to the specialized needs of this market. He previously held client management and operations positions within the downstream energy industry. Mr. Connelly will report to Mr. Zaccaria.

“For the past five years I’ve enjoyed working closely with Joe expanding ACE‘s presence in the Houston market and responding to our brokers and clients’ needs. I’ve been pleased to watch Joe’s expertise make such a difference to our national accounts segment,” said Ms. Humphrey.

“I am pleased to see these new appointments …read more
Source: FULL ARTICLE at DailyFinance

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ACE Appoints Robert Courtemanche as Chairman of its ACE Private Risk Services Division, Mary Boyd as

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ACE Appoints Robert Courtemanche as Chairman of its ACE Private Risk Services Division, Mary Boyd as Division President

PHILADELPHIA–(BUSINESS WIRE)– The ACE Group today announced key leadership appointments in the company’s high-net-worth personal insurance business. Robert Courtemanche has been appointed as Chairman of ACE Private Risk Services, and Mary Boyd as Division President of ACE Private Risk Services.

Mr. Courtemanche joined ACE in 2008 as Division President of ACE Private Risk Services. Ms. Boyd joined in 2010 as Senior Vice President and Chief Administrative Officer of the Division. She was appointed Chief Operating Officer in January 2012.

In his new role as Chairman, Mr. Courtemanche will focus primarily on long-term strategic issues and external relationships for ACE Private Risk Services. As Division President, Ms. Boyd will manage the day-to-day running of ACE Private Risk Services’ operations, including developing and executing near and long-term strategic plans.

“Bob and Mary have been instrumental in the success of ACE Private Risk Services, a division that in only five years has become a significant and respected insurer for high net worth families, including some of the wealthiest in the country,” said Juan Andrade, Chief Operating Officer, ACE Overseas General, and President, ACE Global Personal and Small Commercial Insurance. “They are experienced and dynamic leaders, who are well prepared to drive ACE Private Risk Services in the next stage of its growth.”

Mr. Courtemanche brings more than 30 years of personal lines insurance industry experience to his new role. Prior to joining ACE, Mr. Courtemanche served as President of the Fireman’s Fund’s Personal Insurance business. He previously served as Senior Vice President of American International Group’s (AIG) Private Client Group, and has held several key management positions at Chubb & Son, Inc.

Ms. Boyd brings nearly 20 years of experience in the insurance industry to her new role. Prior to joining ACE, Ms. Boyd served as Senior Vice President, Managing Director at Insurance Company of the West / Explorer Insurance Company from 2006 to 2010. She also has held various positions at Chubb & Son, Inc., including Vice President of Predictive Analytics as well as actuarial and program management roles from 1994 to 2006.

About ACE Private Risk Services

ACE Private Risk Services is the ACE Group’s high-net-worth personal insurance business, which provides specialty coverage for homeowners, automobile, recreational marine, umbrella liability and valuable collections …read more
Source: FULL ARTICLE at DailyFinance

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Wealthy Individuals and Families Frequently Overpay to be Underinsured, ACE Private Risk Services Su

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Wealthy Individuals and Families Frequently Overpay to be Underinsured, ACE Private Risk Services Survey Finds

Survey of 600 independent agents finds most high net worth families insured by mass-market carriers remain vulnerable to severe financial loss and overlook discounts

Problem has worsened since 2010; largest gaps in coverage for liability and major assets such as homes and valuable collections

PHILADELPHIA–(BUSINESS WIRE)– Most wealthy individuals and families who insure their assets with carriers geared primarily for the average U.S. household overpay for coverage that leaves their wealth unnecessarily exposed to the risk of severe financial loss, according to an ACE survey of independent insurance agents. High net worth (HNW) families often do not carry enough liability coverage in a variety of forms. Too often, their homes and collections of jewelry, art, wine and other precious items are not adequately protected. Meanwhile, these families also overlook many savings opportunities, such as higher deductibles and package discounts. By taking advantage of these savings opportunities and strengthening coverage against severe loss, HNW families can often achieve more effective protection without a significant increase in premiums.

These findings are presented in a new whitepaper released today by ACE Private Risk Services, the high net worth personal insurance business of the ACE Group. The study, Wealth at Risk: How High Net Worth Families Overpay to Be Underinsured, surveyed more than 600 independent insurance agents and brokers about their new HNW clients previously insured by a mass-market carrier. The full research whitepaper can be found here. The study includes comparisons to 2010, when a similar survey was conducted, and shows that the problem of overpaying and underinsuring has worsened.

“Financially successful families and individuals often fail to adjust their personal insurance programs as they build wealth,” said Robert Courtemanche, Division President, ACE Private Risk Services. “Unless they have a severe loss, they never realize their agent and carrier no longer have the expertise, insurance coverages, and services to fully meet their needs. But by then, it’s too late. Ironically, if they had looked for an agent and carrier better suited to their current level of achievement and lifestyle, they probably wouldn’t have had to pay much more for better protection. In many cases, they could have paid less.”

Compared to 2010, more agents reported that families insured by mass-market carriers …read more
Source: FULL ARTICLE at DailyFinance

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ACE Appoints Chris Maleno to Lead ACE USA

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ACE Appoints Chris Maleno to Lead ACE USA

PHILADELPHIA–(BUSINESS WIRE)– The ACE Group today announced the appointment of Chris Maleno as Division President, ACE USA. In this role, Mr. Maleno will oversee all operations for ACE‘s U.S.-based retail commercial property and casualty franchise. He will report to John Lupica, Chairman, Insurance-North America.

Mr. Maleno joined ACE in 2007 as President, ACE USA Regional Operations, where he was instrumental in driving the company’s customer and broker segmentation strategies. He subsequently served as Division President, ACE Casualty Risk with responsibility for the profitable growth of ACE USA’s diverse casualty products including excess liability, construction, environmental and public entity. He was appointed Chief Operating Officer of ACE USA in 2011 with day-to-day oversight of the company’s broad commercial property and casualty and accident and health businesses.

“Chris has made tremendous contributions to ACE since joining the company six years ago and has been a driving force in the growth and expansion of ACE USA’s products and services,” said Mr. Lupica. “He is an experienced and talented leader with a strong underwriting acumen well suited to lead the next phase of growth in our U.S. retail franchise.”

Mr. Maleno brings nearly 25 years of diverse experience in the insurance industry to his new role. Prior to joining ACE, he held several senior leadership positions in casualty underwriting and regional operations management within the industry.

ACE USA is the U.S.-based retail operating division of the ACE Group, and is rated A+ (Superior) by A.M. Best Company and AA- (Very Strong) by Standard & Poor’s. ACE USA, through its underwriting companies, provides insurance products and services throughout the U.S. Additional information on ACE USA and its products and services can be found at www.acegroup.com/us . 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 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 (NYS: ACE) and is a component of the S&P 500 index. Additional information can be found at: www.acegroup.com .

ACE North America Communications
Carla Ferrara, 215-640-4744
carla.ferrara@acegroup.com

KEYWORDS:   United States  North America  …read more
Source: FULL ARTICLE at DailyFinance