Sep 19, 2007
ACE USA, the U.S.-based retail operating division of the ACE Group
of Companies, is pleased to offer Episode #1 of the "Ace USA
Mergers & Acquisitions Podcast." In this program, we chat with Seth
Gillston and Mitch Schmidt of ACE USA about the risk exposure and
management issues companies need to consider in merger and
acquisition situations. Seth Gillston Seth Gillston is
Senior Vice President of ACE Financial Solutions and leads the ACE
USA Mergers & Acquisitions Industry Practice. The practice consists
of a deal team of specialized product and service experts who
concentrate on both private equity groups and strategic mergers and
acquisitions. Seth is a 12 year veteran of the insurance industry.
He joined ACE Financial Solutions in 2000. In his current role, he
provides nontraditional insurance and customized insurance
solutions for companies facing complex risk management issues, by
implementing structured products, loss portfolio transfers and
novations programs. Prior to his tenure with ACE USA, Seth spent
five years at American International Group (AIG), serving in a
variety of underwriting and marketing positions. He has a Bachelor
of Science degree with a dual major in Risk Management and
Economics from Temple University in Philadelphia. Mitch Schmidt Mitch Schmidt is
Senior Vice President and National Underwriting Manager for ACE
USA’s Custom Casualty Unit. Mitch manages the Custom Casualty
portfolio of products, which includes general liability, primary
auto, supported lead umbrella, buffer excess and Legacy Liability
Insurance Coverage. Mitch joined ACE USA in July 2003 as Midwest
Regional Excess Casualty Manager. Before joining ACE USA, Mitch
held several branch and regional casualty management and
underwriting positions with Chubb & Son, Inc. in Minneapolis, St.
Louis, Kansas City and Chicago. He hods a Bachelor of Science
degree with a dual major in Political Science and Business from
Bethel University in St. Paul, Minnesota.
Download the Podcast here. ( 29.5 mb stereo MP3 file, 00:20:59 duration). # #
# ACE USA is the U.S.-based retail operating division of the ACE
Group of Companies, headed by ACE Limited (NYSE: ACE), and is rated
A+ (Superior) by A.M. Best Company and A+ (Strong) by Standard &
Poor's. ACE USA, through its underwriting companies, provides
insurance products and services throughout the U.S. Additional
information on ACE USA and its products and services can be found
at www.ace-ina.com. The ACE Group of Companies provides insurance
and reinsurance for a diverse group of clients around the world.