ACE USA Business Aviation to Join with U.S. Aircraft Insurance Group

January 4, 2002

ACE USA announced that it has become a member company of the USAIG aviation pool.

Under the agreement, future ACE USA Business Aviation accounts for corporate aviation, non-critical products, pleasure and business aircraft and aviation-associated workers’ compensation would be underwritten through USAIG.

The products and services offered by ACE USA Aerospace’s “Airports and Special Risk” and “Satellite” units will be unaffected by the agreement.

During the first quarter of 2002, responsibility for policy servicing and claims handling for current Business Aviation clients will be transitioned to the appropriate USAIG branch office location.

Until the transition is completed, current policyholders, brokers and claimants can reach ACE USA Business Aviation personnel at existing branch office locations.

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