News Releases

STOCKHOLM--(BUSINESS WIRE)--ACE Group today launched its new corporate travel proposition ACE Business Class in Sweden, as it continues to enhance its multinational offering for companies in the Nordic region.

ACE Business Class provides comprehensive travel insurance cover by means of a dedicated policy wording for Sweden, combined with market-leading medical and travel assistance services. Features include:

• 24/7 worldwide insurance and assistance coverage supported by a hotline for travellers
• New benefits related to personal belongings such as cover for fraudulent use of SIM card and stolen credit cards
• Personal security and assistance cover including for cases of kidnap
• Security evacuation covering a wide range of perils, including political and social unrest, terrorist attack and natural disaster
• ACE Travel Smart, a new mobile app for travellers giving direct access to ACE’s medical and emergency assistance partners, live location-specific safety alerts and pre-travel destination advice and information.

ACE Business Class has been designed to offer flexible cover for the bespoke needs of Swedish companies with different risk profiles. Equally important, the cover can be structured as a multinational insurance programme, with an insurance policy issued to the parent company and local policies issued to subsidiaries. This innovative business travel cover approach ensures compliant local insurance cover, backed-up by a comprehensive global service that can be adapted to suit companies of all sizes.

Over the summer, ACE Travel Smart app will be updated to incorporate additional innovative functionality, including an online dashboard for risk-, insurance-, HR- and benefit managers that will help them track and communicate with travelling employees in real-time and connect them to the award-winning ACE Worldview technology platform.

Stephane Baj, Regional Director of A&H Corporate & Affinity, for ACE in Europe, Eurasia and Africa said:

“With employees increasingly travelling to less familiar destinations, European businesses need a solution that offers comprehensive insurance cover, combined with high-quality 24/7 emergency and medical assistance and the technology that helps them stay in control.

“ACE Business Class is an innovative solution that brings all the elements of ACE’s business travel proposition together, helping employers to fulfil their duty of care while providing the information that staff need to make their travel safer and easier.”

Anna Orhaug, Head of Accident and Health for the Nordic countries at ACE, said:

“ACE Business Class brings to the marketplace a comprehensive proposition which has been well received elsewhere in Europe and combines the best of ACE’s knowledge and experience elsewhere around the world with a dedicated policy wording for Sweden.

“With ACE Business Class, we can tailor our offering to the specific needs of each client to ensure that they have the bespoke support they really need as their risks evolve.”

ENDS

About ACE:

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 the ACE Group, is listed on the New York Stock Exchange (NYSE: ACE) and is a component of the S&P 500 index.

Visit www.acegroup.com/eu