News Releases

ACE USA Expands Online Platform for Contractors Pollution Liability Coverage
Aug 7, 2007

PHILADELPHIA--(BUSINESS WIRE)--ACE USA, the U.S.-based retail operating division of the ACE Group of Companies, today announced that it has expanded the breadth of its products and services for its web-based underwriting facility that offers brokers a quick and efficient platform to access Contractors Pollution Liability Coverage (CPL). This web-based underwriting facility, www.aceecpl.com, is designed to offer claims-made-and-reported contractors pollution coverage to commercial contractors with coverage for environmental and non-environmental classes of business, including general and trade contractors.

The ACE eCPL website offers the following enhancements:

  • Account eligibility expanded to now include clients generating $50 million or less in annual revenue
  • Expanded optional coverage to address mold liability with available limits offered up to $1M per claim.
  • Increased overall policy limit capacity from $1 million per claim/aggregate up to $5 million

Were pleased to offer these enhancements to our online environmental underwriting platform to the broker community and further provide an easy and efficient method for accessing ACE USAs Contractors Pollution Liability coverage, said William Hazelton, Senior Vice President, ACE Environmental Risk. As a leader in providing innovative risk management solutions, the opportunity for ACE USA to provide an expanded network of brokers with greater underwriting capacity and equip them with the necessary tools to serve their clients in the environmental market was the impetus for offering these enhancements.

ACE Environmental Risk, a division of ACE USA, offers a full range of environmental liability solutions designed to minimize bottom line impacts and provide hands-on management for those liabilities. ACEs environmental liability offerings include premises pollution liability, contractors pollution liability, and remediation cost containment programs. These programs are primarily distributed through the retail brokerage community to the commercial market.

To learn more about ACEs eCPL online platform, please contact Gerald Rojewski at (215) 640-5910 orgerry.rojewski@ace-ina.com or for more information about ACE Environmental Risks products and services, please visit www.aceenvironmentalrisk.com. *Product highlights are summaries only; please see actual policy for terms and conditions. Products may not be available in all locations and remain subject to ACE Environmental Risks underwriting criteria.

ACE USA is the U.S.-based retail operating division of the ACE Group of Companies, headed by ACE Limited (NYSE:ACE), and is rated A+ (Superior) by A.M. Best Company and A+ (Strong) by Standard & Poors. ACE USA, through its underwriting companies, provides insurance products and services throughout the U.S. Additional information on ACE USA and its products and services can be found at www.ace-ina.com. The ACE Group of Companies provides insurance and reinsurance for a diverse group of clients around the world.

Contact:

ACE North America Communications
Media Contact:
Carla Ferrara, 215-640-4744
carla.ferrara@ace-ina.com