Ace Risk Management, a unit of ACE USA, announced an expansion of its product offerings targeted toward mid-sized companies in the casualty risk financing marketplace through the establishment of specialized teams in each of its branch offices across the U.S. The teams will assist companies in the large corporate risk segment – those with revenues between $100 million and $700 million – in managing their risk by focusing on creating individualized risk management programs.
Coverage is available with retained limits of $250,000 for workers’ compensation. Lower retentions or guaranteed cost will be available for automobile and general liability coverages. The unit targets companies with consistent strong financial performance, loss control/safety programs in place and loss picks of up to $3.5 million. Claims handling and loss control services will be provided though ESIS, the risk management services arm of ACE USA.
The target industry groups are: manufacturing, retail, wholesale, hotels, restaurants, healthcare and financial services.
Was this article valuable?
Here are more articles you may enjoy.
Two-Thirds of Independent Agencies Plan to Increase AI Use This Year, Survey Says 
AI Claim Assistant Now Taking Auto Damage Claims Calls at Travelers 
AIG’s Zaffino: Outcomes From AI Use Went From ‘Aspirational’ to ‘Beyond Expectations’ 
State Farm Adjuster’s Opinion Does Not Override Policy Exclusion in MS Sewage Backup 
