Courtemanche Named Chairman, Boyd Division President for ACE Private Risk
The ACE Group announced appointments in the company’s high-net-worth personal insurance business. Robert Courtemanche has been appointed as chairman of ACE Private Risk Services, and Mary Boyd as division president of ACE Private Risk Services.
Courtemanche joined ACE in 2008 as division president of ACE Private Risk Services. Boyd joined in 2010 as senior vice president and chief administrative officer of the same division. She was appointed chief operating officer in January 2012.
In his new role as chairman, Courtemanche will focus primarily on long-term strategic issues and external relationships for ACE Private Risk Services. As division president, Boyd will manage the day-to-day running of ACE Private Risk Services’ operations, including developing and executing near and long-term strategic plans.
Courtemanche brings 30 years of personal lines insurance industry experience to his new role. Prior to joining ACE, he served as president of the Fireman’s Fund’s Personal Insurance business. He previously served as senior vice president of American International Group’s (AIG) Private Client Group, and has held several management positions at Chubb & Son Inc.
Boyd brings nearly 20 years of experience in the insurance industry to her new role. Prior to joining ACE, she served as senior vice president, managing director at Insurance Company of the West / Explorer Insurance Company from 2006 to 2010. She also has held various positions at Chubb & Son, Inc., including vice president of Predictive Analytics as well as actuarial and program management roles from 1994 to 2006.
ACE Private Risk Services provides specialty coverage for homeowners, automobile, recreational marine, umbrella liability and valuable collections insurance for high net worth clients.