Ace European Group has announced the creation of three new business units for specific property and casualty lines in the UK and Ireland.
Ace said the new units are Ace Commercial Risks, Ace Affinity Risks and Ace Major Risks.
Ace Commercial Risks would focus on midsize companies, a statement said.
Ace Major Risk would concentrate on multinational businesses, FTSE 500 companies and captive business.
Ace Affinity Risks would develop group business through binding authority and group purchasing plans.