Ace European Group has combined its Global Markets and European divisions under the banner of Ace UK...
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, who has until now led the UK & Ireland P&C operation, will be returning to the US as executive vice-president for Ace's international, commercial and multi-national lines of business.
Delighted to have @Amandas_Shoes as new Chair of ABI. Perfect choice to take the ABI forward over the next couple of years and fantastic to have a woman in role for first time. Thanks to Andy Briggs for all his hard work – you leave us in a stronger position than ever https://t.co/NTpA3kWAoz— Huw Evans (@huwevans71) June 7, 2018