ACE USA has announced the appointment of Wolfgang Friedel as executive vice president for its property & specialty lines business operation.

Friedel will have overall management responsibilities for the global property, marine (both commercial and recreational), aerospace, and energy product lines.

"Wolfgang has an exceptional industry background and brings outstanding insurance leadership experience to ACE," said Ed Zaccaria, president, ACE Global Underwriters.

“His sharp understanding of the markets in which we operate, and strong business acumen, makes him an excellent choice to help expand our business further in our targeted market segments.”

Friedel most recently served as president and CEO of Stratex, a management consulting firm.

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