Tuesday, January 20, 2009

ACE USA Offers New Online Program

ACE USA, the U.S.-based retail operating division of the ACE Group of Companies, announced the availability of ACE Express Premises Pollution Liability, an online program offering specialized coverage to a wide array of industries, public entities, educational institutions and business services.

This program, which is offered on an admitted basis in more than 40 states to date, is designed to protect any commercial or industrial facility with potential for pollution-related risks. This expanded product offering now extends the option to cover up to 50 locations and is available to all producers who access ACE’s online underwriting platform for the product.

The ACE Express Premises Pollution Liability program is available to producers through the ACE Environmental Risk underwriting team. The application requires minimal information and there are fast turnarounds on quotes.

Product Highlights:

  • Coverage may be modified by endorsement to provide new conditions coverage for mold-related claims, liability arising from contingent transportation, liability arising from non-owned disposal sites, and additional insureds
  • Minimum self-insured retention of $10,000
  • Limits available up to $10 million
  • Offers coverage for third-party bodily and property damage claims, or remediation costs arising from new pollution conditions on, at, or emanating from, the insured location
  • Provides coverage for associated legal defense expenses required to respond to any claim covered under the policy

ACE Environmental Risk offers a full range of environmental liability insurance solutions designed to minimize bottom line impacts and provide hands-on management for those liabilities. ACE Environmental Risk’s liability product offerings include premises pollution liability, contractor’s pollution liability, and remediation cost containment programs. These programs are primarily distributed through the retail brokerage community to the commercial market.

To learn more about the ACE Express Premises Pollution Liability Program, contact Jon Peeples at (303) 256-1770 or jon.peeples@ace-ina.com or visit www.aceusa.com.

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