Nuts & Bolts:
ACE USA, the U.S.-based retail operating division of the ACE Group of Companies, formed ACE Energy, a new retail business unit focusing on the needs of the U.S. energy marketplace. The business will offer a full suite of property and casualty products for energy related entities, including coverage for: onshore and offshore oil and gas facilities; power and utility generating facilities; inland marine, on a retail basis; high-challenge facilities, such as mining; custom and excess casualty lines.
Dollars: Property maximum limit of $50 million. Casualty maximum limit up to $25 million in capacity available. Primary and excess coverage also available. Environmental coverage options available up to $25 million limit for select classes. Deductibles and sublimits vary with individual risk characteristics.
Carrier: ACE American Ins. Co., rated “A+” (superior) by A.M. Best, admitted, and Illinois Union, nonadmitted.
States Available: All.
Contact: Paul O’Neill, (678) 795-4339 or paul.o’neill@ace-ina.com. Keith Mat-theessen, (713) 403-3020 or keith.mattheessen@ace-ina.com.
Was this article valuable?
Here are more articles you may enjoy.
Insurify Starts App With ChatGPT to Allow Consumers to Shop for Insurance 
‘Structural Shift’ Occurring in California Surplus Lines 
Insurance Issue Leaves Some Players Off World Baseball Classic Rosters 
Trump Demands $1 Billion From Harvard as Prolonged Standoff Appears to Deepen From This Issue
