Ace CEO: Chubb Integration High Energy

Ace Group's merger with Chubb began with a high-energy "high school mixer" atmosphere, with some employees nervous or even offended at the direction the transaction is going, Ace's Chief Executive Officer Evan Greenberg said Monday. The CEO of Ace Group revealed early details of the merging process with Chubb during a town hall-style conference call, saying workers from the two companies were standoffish when they first met each other -- a problem solved by time and alcohol. "On one hand, it’s the kickoff, the whole process of integration and creating a comm...