Friday, September 19, 2008

ACE USA Adds to Capacity in Several Lines

ACE USA, the U.S.-based retail operating division of the ACE Group of Companies, has increased capacity in its management and professional liability, commercial umbrella and excess casualty, and medical professional lines of business to $50 million from $25 million.

ACE USA is pleased to offer additional capacity for these critical coverages given heightened need and uncertainty in the marketplace. The long-tail nature of these liabilities underscores the importance of partnering with a financially strong insurer. These capacity enhancements are consistent with our focus to be a nimble and responsive partner in addressing the needs of our clients, said John Lupica, president and CEO, ACE USA.

No comments: