ACE Names Juan Andrade to Lead Company’s Global Personal Lines and Small Commercial Business

The ACE Group of insurance and reinsurance companies today announced that Juan Andrade has been named Division President, Global Personal Lines and Small Commercial Insurance, ACE Group Holdings. Effective December 1, Mr. Andrade will be responsible for the company’s property and casualty personal lines and small commercial business globally. He will report to Evan G. Greenberg, ACE Limited Chairman and Chief Executive Officer, as well as company Vice Chairmen Brian Dowd and John Keogh.

Mr. Andrade joins the company from The Hartford Financial Services Group, where he was President of Commercial Markets and a member of the Executive Leadership Team. Prior to this position, Mr. Andrade served as President and Chief Operating Officer of Property Casualty Operations.

"I am delighted to welcome Juan to ACE,” said Mr. Greenberg. "Juan has an exceptional track record of building and managing businesses in both the United States and internationally. He possesses a rare combination of deep operating experience in underwriting, marketing and claims. Equally important, Juan also possesses the character to fit our culture of leadership, and I will look to him to build on our personal lines and small commercial business strategy while executing our vision.”

Prior to joining The Hartford in 2006, Mr. Andrade held senior management positions with The Progressive Corporation. He started his career at American International Group (AIG), where he worked with the company's international property and casualty businesses both in the United States and overseas. Prior to his positions with AIG, Mr. Andrade worked in national security and international affairs within the U.S. Federal Government's Executive Branch and The Executive Office of the President.

Mr. Andrade received a Bachelor of Science in Journalism and Political Science from the University of Florida. He holds a Master of Arts in International Economics and Latin American Studies from the School of Advanced International Studies at Johns Hopkins University.

Celebrating 25 years of insuring progress, the ACE Group is a global leader in insurance and reinsurance serving a diverse group of clients. Headed by ACE Limited (NYSE:ACE), a component of the S&P 500 stock index, the ACE Group conducts its business on a worldwide basis with operating subsidiaries in more than 50 countries and commercial and individual customers in more than 170 countries. Additional information can be found at: www.acegroup.com.