News Releases

PHILADELPHIA--(BUSINESS WIRE)--The ACE Group today announced an agreement with SeaPass Solutions, Inc., to support the growth of ACE Commercial Risk Services^®, which provides specialty products and solutions for small businesses in North America. Through the SeaPass Hub™ platform, a comparative commercial lines online quoting tool, ACE’s distribution partners supporting the small business arena will have access to an automated system for transmitting and receiving rate, quote and bind data in real time across a single platform. This online distribution quoting resource will allow brokers, agents and wholesalers greater opportunity to increase their productivity, and offer greater efficiencies to better serve their clients.

“We’re pleased to introduce this resource to the small business agent and brokerage community to simplify the online quoting process, and provide an efficient platform for offering our business solutions, as we work together to support products that meet the needs of our customer base,” said David Lupica, President, ACE Commercial Risk Services. “The SeaPass Hub online distribution platform complements and enhances the product and service offerings of ACE Commercial Risk Services, and underscore’s ACE’s commitment to providing insurance solutions to small businesses.”

ACE Commercial Risk Services,^® part of the ACE Group, is dedicated to providing specialty products and solutions to small businesses. Products include a diverse range of coverages that are scalable for local, regional, national or global exposures. Many products also feature the convenience and efficiency of automated quote-to-bind underwriting platforms.

SeaPass Solutions, founded in 2000, is headquartered in New York City. The company develops and markets solutions that enable insurance carriers, agents, brokers and wholesalers to transmit and receive data in real time. The SeaPass Hub™ Solution leverages existing systems to interact automatically with one another, leading to reduced costs, better new businesses and successful transactions for agencies and brokers. For more information about SeaPass, please visit www.seapass.com.

Celebrating 25 years of insuring progress, the ACE Group is a global leader in insurance and reinsurance serving a diverse group of clients. Headed by ACE Limited (NYSE:ACE), a component of the S&P 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.acegroup.com.