GIS | Media Gallery | Videos | H. Wayne Snider Distinguished Guest Lecturer Series Archive | Spring 2012 | Henry_Schramm

Henry Schramm
Chief Underwriting Officer
Ace Group

Henry O. Schramm II was named Chief Underwriting Officer for Insurance – North America, in February 2010. Based in Philadelphia, Mr. Schramm is responsible for all property and casualty underwriting activities conducted in the United States and Canada and will have broad authority over underwriting practices, procedures, and underwriting audits. He will also direct the reinsurance strategy for Insurance – North America’s diverse product lines.

Previously, Mr. Schramm served as Senior Vice President, Foreign Casualty, as part of the ACE USA Global Underwriting Division, since January 2009, where he was responsible for leading the underwriting strategies for ACE USA’s national account and middle market foreign casualty business, including Defense Base Act (DBA) Insurance, International Advantage® Package, Controlled Master Program and Cash flow products. He also held the position as Senior Vice President in ACE USA’s Casualty Risk Division, responsible for middle market workers compensation business, including ACE CompleteSM, a web-based underwriting facility that enables contracted brokers to conduct underwriting transactions—from entry to issuance—via the Internet.

With more than 31 years of diverse experience in the insurance arena, Mr. Schramm joined ACE USA in October 2006 from PMA Insurance Group, in Philadelphia, where he served as Senior Vice President and Chief Underwriting officer, with responsibility for directing the underwriting operations and products for its commercial lines business. Mr. Schramm previously spent 22 years with The Hartford Insurance Group in Hartford, CT, where he held a variety of casualty underwriting management roles, culminating with his appointment as Assistant Vice President and Managing Director, Major Accounts Segment.

Mr. Schramm earned a Bachelor of Arts degree in Political Science from George Washington University, in Washington, DC, and is a graduate of the Executive Education program of Duke University’s Fuqua School of Business in Chapel Hill, NC. He serves on the Board of Directors of the California Workers’ Compensation Institute (CWCI), The New York Compensation Insurance Rating Board, The California Worker Compensation Insurance Rating Board. Additional, Mr. Schramm serves as the Chairman of The Insurance Society of Philadelphia.

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