PHILADELPHIA--(BUSINESS WIRE)--ACE Group today announced two new executive appointments in its Professional Lines division in North America:
- Scott A. Meyer has been appointed Division President, North America Professional Lines, and will have responsibility for managing ACE’s Professional and Management Liability products and services across all of the company’s North American franchises.
- Keith M. Lavigne, Executive Vice President, Professional Risk, U.S., will oversee the private/not-for-profit management liability suite of products in North America in this newly-created role. He will work across a broad spectrum of clients and distribution sources to ensure consistent delivery of products and services.
“ACE’s professional and management liability business has grown significantly in the past few years, especially within the private and not-for-profit business segment, and these appointments underscore our commitment to this market,” stated John Lupica, Chairman, Insurance-North America. “In their new roles, Scott and Keith will facilitate a focused, consistent approach to underwriting and distribution across all of North America. Our objective is to deliver a ‘One ACE’ experience to brokers and insureds who are seeking ACE’s professional lines products and services.”
Mr. Meyer’s responsibilities will encompass a broad array of management liability and professional liability products, including ACE’s market-leading primary and excess Directors’ and Officers’ (D&O) liability insurance for public, private, not-for-profit and financial institutions, as well as Errors and Omissions (E&O) and privacy/network security products throughout the U.S., Canada and Bermuda. In his expanded capacity as North American professional lines product leader, Mr. Meyer will report to Mr. Lupica; in his role as head of the company’s retail professional lines operations, he will continue to report to Chris Maleno, Division President, ACE USA.
With 23 years of insurance industry experience, Mr. Meyer first joined ACE in 2008 as Executive Vice President for Professional Risk in the U.S. Prior to joining ACE, Mr. Meyer served in senior underwriting roles with several national and global carriers and brokers, and was a co-founding partner of a Managing General Underwriter (MGU) specializing in transactional liability insurance products, including representations and warranty insurance, tax indemnity insurance and contingent liability insurance. Mr. Meyer received a Bachelor of Arts degree in Economics from New York University.
In his role, Mr. Lavigne will bring together the expertise, underwriting capabilities and services of ACE’s existing private and not-for-profit management liability underwriters throughout North America, ensuring that ACE offers best-in-class products and solutions for brokers and clients. He will report jointly to Mr. Meyer and David Lupica, Division President, ACE Commercial Risk Services.
Mr. Lavigne joined ACE as Senior Vice President, National Practice Leader for the Professional Risk division in the U.S. in 2009. In this role, he has maintained executive oversight of ACE’s retail management liability business, focusing on private and not-for-profit companies. Mr. Lavigne held senior underwriting roles with other global carriers prior to joining ACE. He holds a Bachelor of Science degree in Financial Accounting from the University of New Haven and is licensed as a Certified Public Accountant in Connecticut.
Both Mr. Meyer and Mr. Lavigne are based in New York City.
About ACE Group
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. ACE Limited, the parent company of ACE Group, is listed on the New York Stock Exchange (NYSE: ACE) and is a component of the S&P 500 index. Additional information can be found at www.acegroup.com, or follow ACE on Twitter, https://twitter.com/ACEGroupNA.