Combined Insurance, a subsidiary of ACE Limited, has promoted Nancy Maloy to the newly created position of SVP for market initiatives. In this position, Maloy will lead the company’s global effort to refresh its supplemental insurance product lines to reflect rapidly changing market dynamics and customer needs.
According to Maloy, Combined has a lot of opportunity to mine data and leverage its global learnings to bring new products to market. The challenge is to properly orchestrate its institutional expertise in order to make optimal underwriting and pricing decisions—and then bring new products to market in a timely manner.
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