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 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 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.
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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.
Keywords: mergers,acquisitions,m&a,insurer,schmidt,gillston,risk transfer, multinational, underwriting,nontraditional,structured,alternative risk, insurance,risk,podcast,lubetkin,cherry hill,philadelphia,ace-ina
Produced in the studios of Professional Podcasts LLC, Cherry Hill, NJ