PHILADELPHIA--(BUSINESS WIRE)--ACE Private Risk Services, the high net worth personal insurance business of the ACE Group, has been recognized as the Best High Net Worth Insurance Company by Private Asset Management (PAM), a leading publication that covers the wealth management and family office industry. This is the first year PAM included a category for high net worth companies.
“We’re honored to be the inaugural recipient of Private Asset Management’s Best High Net Worth Insurance Company,” said Bob Courtemanche, Chairman of ACE Private Risk Services. “Since ACE Private Risk Services entered the market in 2008, we have become a leader by being the most client-centric and innovative insurer that focuses on successful families and individuals. We’ve differentiated ourselves by offering clients simplicity, flexibility, and specialized coverage and services to meet their complex needs. In 2013, we also continued to demonstrate our commitment to innovation by rolling out a Group Umbrella Liability Program for members of associations and employees or clients of companies; expanding the Blanket Property Program for ultra-high net worth clients who own multiple homes in different areas; and building on our groundbreaking Home Contents Valuation Service by further refining our knowledge base for helping clients properly set coverage for the contents of their home.”
The Private Asset Management Awards recognize companies that have successfully serviced high net worth individuals in an increasingly complex economic environment. The judging process, using an independent panel made up of industry experts, is based on a mixture of qualitative and quantitative performance indicators including growth, client satisfaction, and product innovation. To learn more about the award, please click here.
About ACE Private Risk Services
ACE Private Risk Services is ACE Group’s high net worth personal insurance business, which provides specialty coverage for homeowners, automobile, recreational marine, umbrella liability and collections insurance for financially successful individuals and families. Policies are issued by Bankers Standard Insurance Co., ACE Insurance Co. of the Midwest, and Atlantic Employers Insurance Co. Additional information can be found at:www.aceprs.com. ACE Group is one of the world’s largest multiline property and casualty insurers. With operations in 54 countries, ACE provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance to a diverse group of clients. ACE Limited, the parent company of ACE Group, is listed on the New York Stock Exchange (NYSE: ACE) and is a component of the S&P 500 index. Additional information can be found at www.acegroup.com.
Contact:
Media Contact:
ACE North America Communications
Carla Ferrara, 215-640-4744
carla.ferrara@acegroup.com