ACE Group today announced the appointment of Richard Bennett as Senior
Vice President and Executive Dean of ACE's Early Career Development
Program. In this new role, Mr. Bennett will have global responsibility
for developing and delivering a world-class educational experience for
the company's early career underwriters and support-unit professionals.
Mr. Bennett will focus on increasing the rigor and depth of the
technical components of ACE's development programs as well as
establishing effective career management processes within those
programs. He will work collaboratively with ACE's U.S. and international
human resources and talent management teams. Based in New York, Mr.
Bennett will report to John Lupica, Vice Chairman, ACE Group, and
Chairman, Insurance-North America.
"The creation of this role, and Richard's appointment to it, reflect the
growing importance of our Early Career Development Program to ACE's
overall businesses and talent development strategy," said Mr. Lupica.
"ACE's integrated talent management and development programs are
designed to ensure that underwriters and support staff develop the
knowledge and expertise required to provide the company's customers with
industry-leading products and services. I'm confident that Richard, with
his track record of achievement and unique combination of experience in
both the academic and insurance arenas, will instill the fundamenal
principles of insurance underwriting and management into all of ACE's
early career staff."
With more than 35 years of educational and industry experience, Mr.
Bennett joins ACE from St. John's University's School of Risk
Management, Insurance and Actuarial Science, where he most recently
served as Assistant Professor and held the Met Life Teaching Chair in
Risk Management. He spent 27 years helping to build the University's
reputation as one of the world's most respected risk and insurance
Earlier in his career, Mr. Bennett held management positions in
underwriting and claims for several global carriers. He additionally has
conducted risk management seminars for many industry professionals in
the U.S., Asia and Europe.
Mr. Bennett holds Bachelor of Business Administration and Master of
Business Administration degrees from The College of Insurance and
Finance, and a Master's degree in Media Studies and Communication from
Queens College. Further, he holds 11 risk management professional
designations, including the Chartered Property and Casualty Underwriter
(CPCU), Associate in Risk Management (ARM), and Registered Professional
Liability Underwriter (RPLU).
"I'm pleased to welcome Richard to this key role as it reflects ACE's
ongoing commitment to investing in our people and the development of
talent in our organization. The programs that Richard will shape are
essential to training and developing the next generation of leaders at
ACE," said John Keogh, Vice Chairman & Chief Operating Officer, ACE
Limited / ACE Group, and Chairman, Insurance - Overseas General.
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 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 by visiting https://twitter.com/ACE_GroupNA.
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