ePolicy, ACEUSA to Offer Specialty Professional Liability Online

June 19, 2001

ePolicy.com Insurance Services Inc., announced it has signed an agreement with ACE USA to offer new lines of specialty professional liability insurance. The newly offered products are designed specifically for architects and engineers with more than $1 million in revenue.

According to ePolicy, the new professional liability product offerings complement its long roster of business insurance products currently available to professionals and small businesses. Using proprietary technology to streamline the application and policywriting process, ePolicy aims to deliver high quality insurance products in a matter of minutes instead of days and often at significantly reduced rates, while providing support through its customer care center.

ACE USA, headquartered in Philadelphia, is the U.S.-based operating division of the ACE Group of Companies, headed by ACE Limited. ACE USA provides insurance products and services through the U.S. operating subsidiaries. ACE USA is rated “A” (Excellent) by A.M. Best and “A+” (Strong) by Standard & Poor’s. The ACE Group of Companies provides insurance and reinsurance for a diverse group of clients around the world.

ePolicy Inc. has formed two companies to provide and leverage insurance distribution technology. Insurance Technology Solutions Inc. provides turnkey technology designed to enable insurance providers to reap the benefits of utilizing the Internet. ePolicy.com Insurance Services Inc. uses this technology in its goal of providing high quality insurance products to professionals and small businesses.

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