Insurex and Frontier General Launch a New Workers' Compensation Product in California with ACE Casualty Risk

Date : 04/01/2004 @ 9:32AM
Source : PR Newswire
Stock : Ace Ltd (ACE)
Quote : 50.065  0.245 (0.49%) @ 2:50PM
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Insurex and Frontier General Launch a New Workers' Compensation Product in California with ACE Casualty Risk

Insurex and Frontier General Launch a New Workers' Compensation Product in California with ACE Casualty Risk

SAN DIEGO, April 1 /PRNewswire/ -- Insurex, Inc. and Frontier General announce the release of a new workers' compensation product in California with ACE Casualty Risk, a division of ACE USA. The new product launched is called ACE Complete(SM) and is marketed through Insurex and Frontier General. ACE Complete provides workers' compensation insurance products for the small- to mid-size employer market.

"We are excited about the market potential for this product," said Ralph April, senior vice president, ACE Complete. "Research indicates that brokers have a substantial need for an efficient and highly responsive method of transacting workers' compensation business, and ACE Complete was designed to address that need head-on. From clearance through qualification, rating to issuance, ACE Complete provides efficiency, superior service and cost benefits with the convenience of web-based transactions."

Dan McCarthy, CEO, Insurex, Inc. explains the benefits of ACE Complete's timely entry into the marketplace: "The small- to mid-size employer is the backbone of the U.S. economy right now. ACE Complete brings the financial strength and superior service of ACE USA to this market segment. We are pleased to make this product offering to independent agents in the California marketplace. Employers have very few options these days and the ACE USA products are arriving at an important time."

ACE Complete is a multi-state offering designed with more than 125 workers' compensation classes in California and can accommodate employers with operations outside of California. In addition, ACE Complete can offer coverages to qualifying "new ventures."

"We believe ACE Complete will set the standard in workers' compensation.

Providing quick and accurate rate indications is a driving force behind the development of the product and using ACE Complete allows us to bring this valuable offering to our appointed agents," said Rosemary Rich, vice president, Frontier General Insurance Agency of California.

Independent agents and brokers in California can access ACE Complete though Insurex or Frontier General Insurance Agency of California.

For more information contact Dan McCarthy, CEO, Insurex at 619-229-7770 or Rosemary Rich, vice president, Frontier General Insurance Agency of California at 800-800-2464.

ACE Complete is underwritten by ACE Property and Casualty Insurance Company, which is part of ACE USA. ACE USA is a U.S.-based operating division of the ACE Group of Companies, headed by ACE Limited (NYSE:ACE). ACE USA provides insurance products and services throughout the U.S. Additional information can be found at http://www.ace-ina.com/. The ACE Group of Companies provides insurance and reinsurance for a diverse group of clients around the world.

Insurex is an insurance brokerage that provides high quality "A" rated carriers to independent agents across the U.S.Qualifying agents can become an Insurex Affiliate with no sign-up or monthly fee. Additional information can be found at http://www.insurex.com/.

Frontier General Insurance Agency of CA, Inc. is a subsidiary of Frontier Consolidated Corporation. The members of the group develop, underwrite and manage specialized insurance products and services for brokers and insurance companies, including reinsurers. Additional information can be found at http://www.frontierwc.com/.

Contact Information Media Contact: Dan McCarthy Insurex, Inc.

619-229-7770

This release was issued through eReleases(TM). For more information, visit http://www.ereleases.com/.

DATASOURCE: Insurex, Inc.

CONTACT: Media: Dan McCarthy, Insurex, Inc., +1-619-229-7770,

Web site: http://www.ace-ina.com/

Web site: http://www.frontierwc.com/

Web site: http://www.insurex.com/

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