This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

ACE Makes Executive Appointments In Its Programs Business

ACE Commercial Risk Services, the small business division of the ACE Group, today announced the appointment of Tom McGrath as Senior Vice President, Head of Programs. In this role, Mr. McGrath will oversee all underwriting, marketing, and operations for the unit’s diverse program insurance business. Based in Philadelphia, Mr. McGrath will manage a team of underwriters with responsibility for administering ACE’s programs business around the U.S. ACE’s programs business features admitted and non-admitted insurance solutions for national, regional or local programs with a wide set of specialty coverages available on a mono-line or package basis for complex risks.

Also based in Philadelphia and reporting to Mr. McGrath is Bill Franchi, who has been appointed Senior Vice President, Programs. In this role, Mr. Franchi will assume responsibility for profitably managing a book of programs within ACE Commercial Risk Services.

Bill Sharp has been appointed Chief Operating Officer, Programs, for U.S. and Canada. In this new role, Mr. Sharp will be responsible for ensuring that the controls, processes and procedures that have made ACE’s programs business a success continue in place, while also bringing resources to other ACE units in the U.S. and Canada that utilize program distribution platforms. Both Mr. McGrath and Mr. Sharp will report to David Lupica, Division President, ACE Commercial Risk Services.

“ACE Commercial Risk Services has rapidly become a market of choice in the program business space. With a unique combination of specialty product expertise and the established financial strength of ACE, the group is a compelling partner for placement of complex program business,” said Mr. Lupica. “Bill has been instrumental in establishing and building this strong offering. His leadership will serve ACE well in expanding the business in Canada. Adding Tom and Bill, both of whom are experienced industry leaders, represents a significant investment in this business and will be a tremendous asset in driving the next phase of our growth.”

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $94.19 0.00%
FB $118.06 0.00%
GOOG $695.70 0.00%
TSLA $222.56 0.00%
YHOO $37.40 3.90%


Chart of I:DJI
DOW 17,651.26 -99.65 -0.56%
S&P 500 2,051.12 -12.25 -0.59%
NASDAQ 4,725.6390 -37.5850 -0.79%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs