Vantaggi
Chubb and ACE employees combined are the best team in the business.
Svantaggi
The two highly successful but very different cultures are difficult to combine. While the ACE or Chubb cultures have each prevailed in different areas, some areas are struggling to be defined. As a mid-level manager at ACE the culture of entrepreneurship and the ability of individuals to make an impact was gratifying. Chubb, although highly successful, is extremely resistant to changing and progressing. Low and middle managers see changes such as efficiencies as a threat to employee job security and their comfortable way of doing things. Ironically, willingness to propose and implement progressive changes was recognized at ACE and enhanced job security. They are two different cultures and neither is necessarily right or wrong. But from a business standpoint there is a reason that a 35 year old company was able to grow to the point where it was capable of acquiring a 150 year old company.