ACE USA Makes 3 Exec Appointments

NU Online News Service, March 24, 3:29 p.m. EDT

ACE Risk Management, the large account primary casualty division of ACE USA, has announced Matt Merna is its new chief operating officer.

He will oversee ACE Risk Management's business units across the United States in addition to retaining his current role as president of ACE Financial Solutions.

Mr. Merna joined ACE USA in 2000, and has more than fifteen years of experience in the insurance industry, ACE said, adding that he has held various management positions in public accounting and insurance in New York and Europe.

ACE also appointed Bill Rabl as president of operations at ACE Risk Management, a role that he will assume in addition to his current responsibilities as chief underwriting officer. He will take on oversight of ACE Risk Management's operations, finance and other support units, ACE said.

Mr. Rabl has previously held several senior management roles in both the insurance brokerage and carrier markets. He has held senior leadership roles at Lockton, American International Group (AIG) and the Continental Insurance Company, ACE said.

Jay Lefkowitz has been appointed president, national accounts at ACE Risk Management. He will oversee the national accounts unit, which provides risk management programs and services to larger companies with a minimum of $5 million in combined expected losses, ACE said.

Mr. Lefkowitz joined ACE USA in Nov. 1999, and most recently served as executive vice president of ACE Risk Management's national accounts division.