News Releases

ACE USA Introduces ACE Casualty Portfolio, Fully Integrated Casualty Products and Services
Customer-focused single quote process provides brokers ease of access
Apr 16, 2008

PHILADELPHIA--(BUSINESS WIRE)--ACE USA, the U.S.-based retail operating division of the ACE Group of Companies, today announced the launch of ACE Casualty PortfolioSM, its integrated casualty product offering that provides easier access, seamless underwriting and across-the-board claims service capabilities to the commercial insurance market. This product offering collectively provides access to primary casualty and excess liability coverages (up to $25 million in capacity), in conjunction with the industry-leading full spectrum of claims and risk management services of ESIS, Inc., the risk management company of the ACE Group of Companies.

In keeping with ACE USAs goal to provide customer-focused risk management solutions, were pleased to provide a unified method for brokers to access several policies and additional markets through one simultaneous quote process, said Connie Germano, Senior Vice President, ACE Excess Casualty, part of ACE Casualty Risk.

Ken Riegler, Executive Vice President & Operating Officer, ACE Risk Management, commented on the ease this integrated product will provide, Todays risk managers and brokers need committed partners who can respond to their unique requirements and provide customized risk management solutions. With ACE Casualty Portfolio, a broker seeking primary casualty coverage can now automatically receive a coordinated quote that will include primary casualty, excess liability and the full breadth of ESIS claims services.

Risk managers and brokers are looking for claim management expertise, but perhaps more important, they are looking for ways to mitigate future risks and losses. Knowing this, we took a blended approach, one designed just for the commercial segment. In addition to superior claim management, ESIS uses integrated analytics to measure and monitor outcomes. We also offer the full range of health, safety and environmental services. These are key to total program transformation and part of the complete offering, said Michael Hoberman, Senior Vice President, ESIS Client Services and Business Development.

ACE Casualty Risk, a division of ACE USA, specializes in lead umbrella and excess liability, custom primary casualty, construction, environmental liability, public entity, and middle market workers compensation insurance products and services, which are primarily distributed through the retail community to the commercial market. ACE Risk Management, a division of ACE USA, offers comprehensive risk management programs and services that are uniquely designed and customized to assist companies in any industry deal with the significant costs of financing and managing risk.

Organized in 1953, ESIS, Inc. (ESIS®), the risk management company owned by ACE, provides sophisticated risk management services designed to help reduce our clients total cost of loss. ESIS takes a holistic approach that blends people, process and technology to offer programs that are customized to meet each clients needs. Additional information about ESIS, Inc., and its products and services can be found at www.esis.com.

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. ESIS claim management is performed on behalf of its affiliated companies in the ACE Group. ESIS risk management services are sold separately to ESIS clients.

 

Contact:

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