News Releases

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 capabilities 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, now extends to commercial contractors the option and convenience of procuring contractors pollution coverage on admitted paper in more than two dozen states to date. This expanded product offering is available to its commercial contracting clients with coverage for environmental and non-environmental classes of business, including general and trade contractors.

The ACE eCPL^SM website offers the following key underwriting advantages:

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

“As a leader in providing innovative and flexible risk management solutions, we’re pleased to offer this expanded option to our online environmental platform to the broker community,” said William P. Hazelton, Senior Vice President, ACE Environmental Risk. “ACE takes every opportunity to enhance and broaden its products and services on an ongoing basis. Recognizing that ACE’s network of brokers need more flexibility and convenience to access coverage for their contracting clients, the end result of the admitted coverage option is that it translates into better management of environmental risks.”

ACE Environmental Risk offers a full range of environmental liability solutions designed to minimize bottom line impacts and provide hands-on management for those liabilities. ACE Environmental Risk’s liability product offerings include premises pollution liability, contractor’s 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 ACE’s eCPL online platform, please contact Gerald Rojewski at (215) 640-5919 orgerry.rojewski@ace-ina.com or for more information about ACE Environmental Risk’s 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 Risk’s 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 & Poor’s. 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.aceusa.com. The ACE Group of Companies provides insurance and reinsurance for a diverse group of clients around the world.