ACE USA has introduced an enhanced public entity liability policy that combines public officials liability and employment practices liability coverage with general liability and auto liability in a single insurance solution.
“ACE’s policy enhancements demonstrate a sound understanding of public sector professional liabilities, and offers risk managers a comprehensive group of coverages that are customized to address the unique exposures associated with the day-to-day operations of political subdivisions, agencies and authorities,” said Michael Tanenbaum, senior vice president, ACE Professional Risk.
The new policy offers several enhancements. General liability and auto liability limits are separate from public officials liability and employment liability practices limits.
ACE also now offers an expanded definition of the insurance, including outside directorship. The definition of claim language for the policy states that a claim occurs “when the Equal Employment Opportunity Commission has issued a ‘right to sue’ notice to the claimant.”
The new policy also includes coverage for professional services from employees that act on behalf of the insured such as lawyers and accountants. Insureds will also have access to crisis management coverage of $25,000.
Other features include an insured-versus-insured exclusion with an exception for cross claims and third-party claims and a 60-day period end-of-policy period that allows for claims that take place during the policy period. There is an extended reporting period for public official liability and employment practices liability.
ACE will offer public official liability defense in addition to and equal to the indemnity limits.
ACE Public Entity is a unity of the Philadelphia-based ACE USA. Insurance for the policy will be provided by affiliated insurance companies of the ACE Group.