Monday, August 11, 2008

ACE Expands Platinum Portfolio Policy

ACE Private Risk ServicesSM, part of the ACE Group of Companies, has expanded the availability of its ACE Platinum PortfolioSM policy to serve its policyholders in states representing 60 percent of all homes valued at $1 million or more in the U.S.

Launched in May 2008, the new product is specifically designed to meet the complex insurance needs of affluent and high net worth individuals and families. ACE plans to continue the national roll-out in 2008 and 2009.

The ACE Platinum Portfolio offers benefits such as full replacement cost coverage for the home, the freedom to choose your favorite local repair shop for your car, protection against market value fluctuation for your valuables, and first-class claims service all in an easy-to-manage package policy. Complemented by ACEs global reach and capabilities in recreational marine, builders risk, and other specialty lines--the ACE Platinum Portfolio gives agents with high net worth customers a competitive edge in the marketplace.

ACE Private Risk Services was formed to meet the personal insurance needs of affluent and high net worth customers, and upon successful expansion domestically, will utilize ACEs unique global network to serve customers with substantial assets around the world.

To obtain additional information regarding ACE Private Risk Services, visit: http://www.aceprivateriskservices.com.

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