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.
Florida Supreme Court Posts New Rule on AI Hallucinations in Court Filings 
DeSantis Plan to Cut Florida Property Taxes Heads to Ballot—With Schools Removed 
AI Savings Misses ‘Should Be Making Executives Uncomfortable,’ Bain Says 
Warmer World Means Bigger Hail and More Damage, Study Finds From This Issue
