InsuranceNoodle, ACE USA Team Up to Offer New Products

November 28, 2007

InsuranceNoodle Inc. announced a broker agreement with the insurance companies of ACE USA, the U.S.-based retail operating division of the ACE Group of Companies. ACE USA will provide workers’ compensation and specialized pollution liability products to more than 2,500 independent insurance agencies currently using InsuranceNoodle’s proprietary, online technology platform to write and service small commercial business.

“This undertaking with ACE USA represents an important advancement in our strategy to add high-quality carriers to the InsuranceNoodle portfolio that supplement and complement our current carrier base,” said InsuranceNoodle CEO Kathryn Emmerson. “It also adds significant value to our agency distribution by addressing the needs of our agency partners that are not currently being met, either in terms of geography, product niches or competitiveness.”

ACE USA offers online workers’ compensation products through ACE Complete, a web-based underwriting facility that enables contracted brokers to conduct underwriting transactions from entry to issuance via the Internet. This broker agreement will also provide online access to ACE USA’s Storage Tank Liability and Contractors Pollution Liability (CPL) coverage for small contractors with less than $50 million in annual revenue.

“We are pleased to join forces with InsuranceNoodle as this undertaking provides ACE USA with new distribution opportunities to the InsuranceNoodle network of producers,” said Michael Baeurle, senior vice president and national segment leader, ACE USA Small Commercial.

Source: InsuranceNoodle,
www.insurancenoodle.com

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