PHILADELPHIA--(BUSINESS WIRE)--ACE USA, the U.S.-based retail operations of the ACE Group, today introduced an easy-to-use option for U.S. brokers to coordinate placement of local admitted insurance policies without the use of a local broker through the ACE Global Network. International Advantage® BrokerPass is available in more than 140 countries to U.S. brokers whose clients have international casualty exposures that require local admitted policies.
“Using the power of our ACE Global Network and state-of-the-art WorldviewSMweb platform, International Advantage BrokerPass provides middle market U.S. brokers with a reliable way to service their multinational clients,” said Tim Benson, Senior Vice President, ACE Multinational Group. “Larger regional and national brokers also can benefit, since this streamlined process can help to reduce their network costs and the complexities of global program oversight.”
“ACE has a long history of product innovation and leadership in the international package marketplace. International Advantage BrokerPass is the latest example of our ability to coordinate our global network and deliver solutions for clients and brokers who do business outside the U.S.,” noted Bryan Tedford, Senior Vice President, ACE Foreign Casualty.
ACE’s international casualty product suite offers insurance solutions for U.S.-based companies and organizations that travel or have operations outside the U.S., from simple package policies to complex multinational programs with sophisticated risk transfer options. For more information about these products, including International Advantage BrokerPass, please visit, www.aceadvantage.com or contact Tim Benson attimothy.benson@acegroup.com or 302-476-6343.
Insurance is provided by insurance companies within the ACE Group or its allied distribution associates. All products may not be available in all jurisdictions. The product information above is a summary only. The insurance policy actually issued contains the terms and conditions of the contract.
ACE Foreign Casualty, a division of ACE USA, specializes in providing international casualty insurance programs for exposures outside the U.S., including specialty products for small, mid-sized and large U.S.-based companies, non-profits and educational institutions.
ACE USA is the U.S.-based retail operating division of the ACE Group, and is rated A+ (Superior) by A.M. Best Company and AA- (Very Strong) by Standard & Poor’s. ACE USA, through its underwriting companies, provides insurance products and services throughout the U.S. Additional information on ACE USA and its products and services can be found at: www.acegroup.com/us-en. The ACE Group is a global leader in insurance and reinsurance serving a diverse group of clients. Headed by ACE Limited (NYSE:ACE), a component of the S&P 500 stock index, the ACE Group conducts its business on a worldwide basis with operating subsidiaries in more than 50 countries. Additional information can be found at: www.acegroup.com.