SINGAPORE--(BUSINESS WIRE)--ACE Insurance, part of the ACE Group of insurance and reinsurance companies, today announced its appointment of Tim Shields as the Regional Head of Personal Lines and Business Insurance. He will be responsible for personal lines, specialty personal lines and small commercial business. Mr. Shields will be based in Singapore and will report to Damien Sullivan, Regional President for Asia Pacific as well as Juan Andrade, Division President, Global Personal Lines and Small Commercial Insurance.
With a career spanning a variety of roles in the UK, Middle East and Asia, Mr. Shields has over 20 years of experience in the insurance industry. Prior to joining ACE, he was with an international insurance firm for more than a decade. Since 2010, he has been the Managing Director for United Arab Emirates, after a four-year posting as Vice Chairman and Managing Director of Egypt. His first Asian stint was in 2000 as the General Manager for the life and general insurance operations in Singapore. Thereafter, he spent time in Hong Kong and Vietnam in increasingly more responsible roles. Mr. Shields has broad experience in sales, marketing and distribution management, operations as well as client servicing. He has built a reputation as a growth leader with strong business acumen.
On the new appointment, Damien Sullivan, Regional President ACE Asia Pacific said “I’m delighted to welcome a professional of Tim’s caliber to the regional team. His well-honed leadership and business execution skills will be an asset to the region as we accelerate the growth of personal lines and small commercial business. Tim’s breadth of international experience, energy and enthusiasm are well suited to meet the challenges of developing and managing this business in the diverse markets of the region.”
The ACE Insurance franchise in Asia Pacific comprises an extensive network of operations serving Australia, Hong Kong, Indonesia, Korea, Macau, Malaysia, New Zealand, Philippines, Singapore, Taiwan, Thailand and Vietnam. The franchise offers a diverse range of products, including its core Property & Casualty and Accident & Health lines, as well as its growing Small to Medium Enterprise and Personal Lines businesses. ACE Insurance is part of the ACE Group, 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.
Visit www.acegroup.com for more details.
ACE Insurance, ACE Group of Companies and ACE Limited are registered trademarks of ACE Limited.
Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50193535&lang=en