Insurance Post

News - Ace brands to remain distinct despite merger

Ace European Group has combined its Global Markets and European divisions under the banner of Ace UK.The reorganisation has meant that Richard Pryce, currently president of Ace Global Markets, Ace's international and specialty business, will assume additional responsibility for Ace's UK Property and Casualty business (Ace Europe).Ace insisted that despite the reorganisation, the brands will remain distinct, and both will maintain their underwriting management.In addition, Michael Furgueson,