ACE Europe Offers Solution for Global Business

ACE Europe (ACE) announced the launch of ACE Evolve, a co-ordinated insurance and risk management solution for mid-sized companies with overseas subsidiaries or assets.

ACE Evolve is available through all 11 of the company’s offices in order to support brokers in the regions who have mid-sized clients with operations outside the UK and Ireland, a service insurers usually only offer to large, London based multinational clients. By streamlining the insurance purchasing process, ACE Evolve enables them to buy the right level of cover and meet all the necessary local regulations and obligations effectively and efficiently. ACE Evolve provides a gateway to ACE experts in over 50 countries with local facilities in place for policy issuance, proof of cover, claims handling and risk management services. In addition, ACE is licensed to conduct business in over 140 countries.

Alongside ACE’s global servicing capabilities, brokers can access comprehensive information on coverage requirements, regulatory and tax issues, claims handling and risk management matters. ACE Evolve enables cover to be available globally on an ‘admitted’ basis – which means that all polices issued meet the requirements of local legislation – or on a Freedom of Services (FOS) basis within the European Union where appropriate.

As an additional service for brokers without an international partner network, ACE can facilitate introductions though its database of preferred broking partners around the world.