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ACE Europe Appoints Andy Hollenberg, Senior Vice President, Accident & Health
London,
22nd October 2007
ACE has announced the appointment of Andy Hollenberg as Senior Vice President, Accident & Health (A&H), ACE Europe. Mr Hollenberg will be based in London and moves from his previous role as Vice President, A&H for ACE Far East. In his new role, he will lead ACE’s A&H operations in Europe, the Middle East and Africa. As such, he will be responsible for the distribution of accident, supplemental health, term life, creditor and niche personal lines products to both group and individual customers.
Mr Hollenberg succeeds Edward Levin, who has moved to the position of Executive Vice President, ACE Overseas General, with responsibility for all of ACE’s International A&H business. Mr. Hollenberg will report jointly to Mr. Levin and to Andrew Kendrick, Chairman and Chief Executive Officer, ACE European Group. Mr. Levin, in turn, reports to Ed Clancy, President and Chief Operating Officer, ACE Overseas General, Mr Levin will continue to be based in London.
Commenting on his new role, Mr Hollenberg said: ““In 2006 and 2007 ACE Europe established a tremendous platform for growth, with expanded distribution and product capabilities. The integration of A&H, Life and Personal Lines products enables ACE to provide unique solutions and growth opportunities for its customers and business partners. Over the coming months we’ll be bringing a number of innovative value-added products and programmes to the market!”
Mr Levin commented: “I am delighted that Andy will join ACE Europe. Our A&H business has seen enormous growth over the last several years and will need experienced leadership as it continues to grow. Andy brings experience from ACE’s A&H business in both North America and Japan. His rich experience will enable us to further enhance our customer proposition and to capitalise on the many opportunities for growth in Europe.”
Ends
Note to Editors:
Andy Hollenberg
Mr. Hollenberg assumed his previous role as head of ACE’s A&H business in Japan in May 2003. He joined ACE in 2000 as head of the A&H business in Canada. Prior to joining ACE, Mr. Hollenberg spent 10 years at Avco (now part of Citigroup), where he was involved in national marketing and strategic planning, and finally direct marketing of A&H products for Avco’s captive insurance companies. Prior to that, Mr. Hollenberg served as a strategic planner for the Ontario Medical Association. He holds a master’s degree in political science from the University of Western Ontario, and a master’s degree in business administration from York University (Toronto), with a concentration in finance and marketing.
Edward Levin
Mr. Levin assumed his previous role on joining ACE in 2004, overseeing ACE’s European A&H and Personal Lines operations, and serving as a director of ACE European Group, Ltd. In 2007 he also became Chief Executive Officer of ACE Europe Life Limited, ACE’s new U.K.-based life assurance company. Prior to joining ACE, Mr. Levin worked in a number of financial organizations in the United States, Latin America and Europe, including Citibank, Travelers Property & Casualty, Travelers Life & Annuity, and CitiInsurance. Mr. Levin holds an artium baccalaureatus in economics from Harvard College and a master’s degree in business administration from Columbia University.
Contact Information
Media relations: Katie Weeks on +44 (0)207 173 7585 or katie.weeks@ace-ina.com
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