ACE Launches New Package Policy Cover for UK and Ireland Businesses
August 11 2015 - 3:00AM
Business Wire
ACE Group today announced the launch of ACE Commercial Partner,
a comprehensive single property and liability package insurance
policy for businesses operating in the UK and Ireland.
This Smart News Release features multimedia.
View the full release here:
http://www.businesswire.com/news/home/20150811005059/en/
Phil Sharpe, Chief Operating Officer, UK
& Ireland, ACE (Photo: Business Wire)
The cover responds to feedback from ACE’s national and regional
broker panels requesting comprehensive, jargon and warranty-free
cover in a single, user friendly and easy to navigate policy
document. Key benefits of ACE Commercial Partner include:
- Clear and simple cover across six
priority risk areas: property damage, business interruption,
employers’ liability, public and products liability, ComputerGuard,
terrorism
- A wide range of extensions with
meaningful limits, including for emerging risks such as greening
reinstatement (£25,000) and fly tipping (£25,000)
- Options to extend cover to include
claims preparation costs (£50,000 for any one claim, £100,000 for
any one period of insurance)
ACE Commercial Partner is designed to meet the needs of domestic
businesses across a wide range of industries with turnover between
£2m-500m (€3-500m) and no overseas operations.
Phil Sharpe, Chief Operating Officer for the UK & Ireland at
ACE said:
“ACE has a strong track record in proactively responding to
evolving customer needs. ACE Commercial Partner not only provides
the breadth and depth of cover our clients expect, but it does so
in a simple, easy to understand policy that demonstrates our
ability to listen to our broker panel and to respond effectively
through the elimination of the jargon and warranties which so often
frustrate clients.”
ENDS
About ACE Group
ACE Group is one of the world’s largest multiline property and
casualty insurers. With operations in 54 countries, ACE provides
commercial and personal property and casualty insurance, personal
accident and supplemental health insurance, reinsurance and life
insurance to a diverse group of clients. ACE Limited, the parent
company of the ACE Group, is listed on the New York Stock Exchange
(NYSE: ACE) and is a component of the S&P 500 index.
ACE UK & Ireland’s five regions are:
∙ Ireland (Dublin and Belfast) ∙ Scotland (Glasgow, Aberdeen) ∙
The North (Leeds, Manchester, Newcastle) ∙ Midlands (Birmingham) ∙
London and South East (London, Maidstone, Reading, Watford)
Additional information can be found
at: www.acegroup.com/uk
ACE European Group Limited registered in England &Wales
number 1112892 with registered office at 100 Leadenhall Street,
London EC3A 3BP, authorised by the Prudential Regulation Authority
and regulated by the Financial Conduct Authority and the Prudential
Regulation Authority.
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version on businesswire.com: http://www.businesswire.com/news/home/20150811005059/en/
ACENicholas Mandalas0207 173
7793nicholas.mandalas@acegroup.com
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