Michael Furgueson becomes President, Multinational Client Group

Michael Furgueson has been appointed President, Multinational Client Group, ACE Overseas General. In this newly created role, he will be responsible for leading the company’s commercial property and casualty insurance capabilities targeted to large multinational clients based outside North America.

He will be based in New York and report to John Keogh, Chief Executive Officer, ACE Overseas General.

Michael Furgueson had been Executive Vice President, International Commercial and Multinational Lines, since 2007. He joined ACE in 2002 as Executive Vice President, Financial Lines. In 2004, he was named President and Chief Operating Officer, ACE Europe, and oversaw the expansion of ACE into new territories, including Switzerland and Poland, and the introduction of new products throughout the European region. He became President of ACE’s U.K. and Ireland business in 2005. He joined ACE from the Financial Lines division of Kemper Insurance Companies, and previously served in a range of U.S. and international management assignments with Chubb.

Mr. Furgueson earned a bachelor’s degree from Georgetown University in Washington, DC and is a past board member of the International Underwriting Association of London.