ACE has made a senior hire within its high net worth business a few weeks after announcing that it is buying Chubb Corporation.

ACE Group, which is in the process of acquiring Chubb Corporation, has named Jim Fults as senior vice president and head of product management and analytics at ACE Private Risk Services, its high net worth personal insurance business.

Fults will be responsible for the growth of all lines of insurance offered by ACE Private Risk Services, reporting to James Williamson, division president.

Fults first joined ACE as vice president of product management for the auto and umbrella insurance areas of business, coming from Fireman’s Fund’s personal insurance business which ACE acquired on April 1, 2015.

In April, ACE Group launched a high net worth personal insurance business in Canada.