Munich Re Execs Join Ace Commercial Risk's Program Unit

Ace Commercial Risk Services, the small business division of the Ace Group, has appointed Tom McGrath as senior vice president, head of programs. McGrath, who joins Ace from Munich Re America, will be based in Philadelphia, where he will oversee all underwriting, marketing and operations for the unit’s diverse program insurance business. He will oversee a team of underwriters with responsibility for administering the program business in the United States.At Munich Re America, McGrath was head of primary insurance programs, a position he held since 2008.Bill Franchi, also from Munich Re A...