Spencer Educational Foundation Inc., an organization dedicated to supporting undergraduate and graduate students in the risk management and insurance disciplines, has received a $100,000 pledge from the ACE Group of Companies.
The amount, to be contributed over a four-year period from December 2006, has been created in memory of William J. Clagnaz, senior vice president, underwriting at ACE USA Global Property in New York.
"Bill was a dedicated professional who was respected at ACE and throughout the insurance community for his talent, passion and dedication," said Brian Dowd, chief executive officer, insurance-North America, ACE Group.
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