SINGAPORE--(BUSINESS WIRE)--
ACE Group announced today the appointment of Marcel Van Peenen as
Regional Professional Indemnity Manager for Asia, effective 12 January
2015. He will be based in Singapore with direct reporting to Stanley
Wong, Regional Head of Financial Lines, Asia Pacific and matrix
reporting to Marc Poliquin, Senior Vice President, Professional
Indemnity Product Head, from the Financial Lines division of ACE
Overseas General.
Mr. Van Peenen is tasked with driving the growth of ACE’s Professional
Indemnity business, including underwriting, product development,
production and distribution, across the region. He joins ACE with over
25 years of diverse industry experience. Most recently, he was Manager,
Professional Lines, Asia with an international insurer overseeing its
Professional Liability portfolio for the region since 2010. Prior to
that, Mr. Van Peenen worked for several companies in the Netherlands in
underwriting positions of increasing responsibility over the course of
his career.
According to Mr. Wong, “Marcel’s appointment demonstrates our commitment
to continue the expansion of our Professional Indemnity products and
expertise which will strengthen our market-leading position in Asia for
Financial Lines. Marcel’s strong background in managing and building
Professional Indemnity portfolios will position us well as we work with
our clients to tailor solutions that meet their needs for mitigating a
broad spectrum of professional liability risks.”
Mr. Poliquin said, "I am pleased to welcome Marcel to ACE to lead the
expansion of our Professional Indemnity business in Asia. The breadth of
Marcel’s international Professional Indemnity expertise will be
invaluable in accelerating ACE’s plans to broaden its product suite in
Asia, covering a wide range of risks and professions.”
ABOUT ACE
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.
ACE Group is a registered trademark of ACE Limited.
Source: ACE Group