Nuts & Bolts: ACE Risk Management (ARM), a unit of ACE USA—the U.S.-based retail operating division of The ACE Group of Companies—is expanding 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. These 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. The unit targets companies with consistent strong financial performance, loss-control and 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. Target industry-groups are: manufacturing, retail, wholesale, hotels, restaurants, healthcare and financial services.
Dollars: 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.
Carrier: ACE USA, headed by ACE Limited, rated “A” (excellent) by A.M. Best.
States Available: All.
Contact: Ken Riegler, (212) 642-7894
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