News Release

ACE Launches Unique Injury and Travel Solution for UK Corporates
May 12, 2006
LONDON--(BUSINESS WIRE)--May 11, 2006--ACE European Group (ACE)(NYSE:ACE), has today launched ACE businessclass premier, a new package of bespoke accident, health and travel insurance, services and risk consultancy, specifically for large corporate organisations. 
 

ACE businessclass premier brings together a range of personal injury and travel insurance products purchased by corporates, their employees (including expatriates), and customers, combining these with other relevant products and services into a single, tailored and cost effective programme.

ACE businessclass premier's holistic approach represents the first time a major accident and health insurance provider has brought together such a wide range of aligned products and services for larger employers. Clients will benefit from ACE's ability to structure outcome focused benefit programmes, which avoid unnecessary overlap of cover, provide independent rehabilitation case management following injury and help reduce the cost of employers' liability claims.

ACE can also provide a range of additional coverages, including visitors' personal accident and image protection benefits. This includes covering the costs of employing the services of PR and image consultants to manage the release of information through the media, following the accidental death of an employee, or of a visitor or other person lawfully at their premises.

A range of allied products and services will also be offered to ACE businessclass premier customers, including specialist emergency assistance, security and travel advice, planning and training, critical illness cover and expatriate services such as moving and storage cover, healthcare management and legal assistance.

ACE businessclass premier offers specialist accident and health risk consultancy to assist intermediaries and their clients in identifying uninsured exposures and overlaps with existing insurances. ACE will also provide dedicated key client management, claims case management and customer service teams with telephone and web-based contact facilities

Bespoke insurance programmes will be developed for ACE businessclass premier customers with competitive pricing structures and pre-agreed service standards. ACE will continually review and advise on updates and enhancements to cover as soon as they are available.

Gary Murphy, ACE businessclass premier manager said: "Employee injury and business travel insurances are a recognised part of a large employer's corporate protection and benefits structure. The concept of ACE businessclass premier is to not only provide these firms with the best insurances for their needs but to work proactively with them, and their brokers, to develop truly bespoke solutions that enable them to keep products relevant and to cost effectively maximise the benefits they provide to all of the company's stakeholders.

Notes to Editors:

ACE

The ACE European Group comprises the operations of ACE Europe, ACE Global Markets and ACE Tempest Re Group. With an established presence in 16 countries across Europe and Freedom of Services permissions to operate in 27 European countries, ACE Europe provides a range of tailored Property and Casualty, Accident and Health and Personal Lines solutions for a diverse range of clients. ACE Global Markets (AGM) is ACE's specialty international business, underwriting through ACE's Lloyd's Syndicate 2488 and UK registered company ACE European Group Limited. Specialty lines include excess and surplus lines business, Marine, Aviation, Energy and Political Risk as well as Property, Financial Lines and Accident and Health. Additional information on ACE European Group can be found at www.aceeuropeangroup.com.

The ACE Group of Companies is a global leader in insurance and reinsurance serving a diverse group of clients. Headed by ACE Limited (NYSE: ACE), a component of the Standard & Poor's 500 stock index, the ACE Group conducts its business on a worldwide basis with operating subsidiaries in more than 50 countries. Additional information can be found at: www.acelimited.com.

 

Contact:

ACE European Group
Miles Russell, + 44 (0)20 7173 7578
miles.russell@ace-ina.com