ACE Taps Jim Fults as Senior VP, Product Management and Analytics, for Its High Net Worth Personal Insurance Business

ACE Group reported that Jim Fults has been named Senior Vice President and Head of Product Management and Analytics at ACE Private Risk Services, its high net worth personal insurance business.

In a release, the Company noted that in this role, he will be responsible for the profitable growth of all lines of insurance offered by ACE Private Risk Services. He will report to James Williamson, Division President of ACE Private Risk Services.

Fults joined ACE as Vice President, Product Management, for the auto and umbrella insurance lines of business, coming from Fireman's Fund's personal insurance business, which ACE acquired on April 1.

"Jim's expertise and leadership skills make him ideal for this critical position in our organization," said Williamson. "He has a strong track record of delivering product differentiation and profitability. Moreover, his experience with underwriting strategy and product development, as well as product management, will ensure that all three functions integrate seamlessly for a cohesive overall approach."

ACE Private Risk Services' preeminent product for financially successful individuals and families is the ACE Platinum Portfolio.

ACE Group is a multiline property and casualty insurer.