New ACE Report Discusses Need for Consistency and Control When Managing Multinational Business Travel Accident Risks

PHILADELPHIA--(BUSINESS WIRE)--ACE Group today announced the release of a market report that explores the complex subject of multinational accident insurance programs. The report identifies the primary issues risk managers encounter when placing these programs, and presents a singular solution to address these concerns — a Controlled Master Program on par with similar global property and casualty programs. This solution focuses on five key strategies to consider when evaluating present-day Accident & Health (A&H) insurance plans. “Capturing Consistency and Control: Five Strategies to Improve Multinational Business Travel Accident Risk Management” was co-authored by James Walloga, Senior Vice President, ACE USA A&H, and Susan Osborne, Executive Underwriter, ACE USA A&H.

ACE USA’s A&H division provides a package of travel accident and sickness benefits designed for U.S. corporations with employees living, working and traveling overseas. Coverage components include business travel accident insurance, out-of-country medical benefits, war risk coverage, valuable medical and security travel assistance services and other travel related benefits combined under a single master policy, integrating locally admitted policies and providing centralized administration. With a dedicated global service team, ACE provides custom solutions to meet the unique needs of clients operating around the world. ACE’s commitment is backed by a superior international network, financial strength and industry-leading technology.

“Widely divergent compliance requirements, differing coverage terms and conditions, interpretation issues, the financial stability of local insurers and managing varying policies’ effective and renewal dates – these are concerns risk managers and human resources professionals must contend with daily when overseeing business travel risks from an employee standpoint,” said Mr. Walloga. “There is a pronounced need for these executives to have greater control over these global exposures, and more consistency in their treatment.”

“A Controlled Master Program for business travel accident risks offers the control and consistency multinational risk managers need to assist a timely and comprehensive response to these complex exposures,” stated Ms. Osborne. “A Controlled Master Program is designed to comply with local insurance laws and regulations, and is underwritten to control the overall cost of the multinational program through a more coordinated insurance purchase.”

To access the paper, please visit our website. The material presented in this report is not intended to provide legal or other expert advice. It is presented as informational only. Readers should consult legal counsel or other technical experts, as applicable, with any specific questions they may have.

Insurance is provided by insurance companies within ACE Group. 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 limits of the contract.

ACE’s A&H division is part of ACE USA, the U.S.-based operating division of ACE Group. For more information on A&H, please visit our website. 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, ACE Group conducts its business on a worldwide basis, with operating subsidiaries in 54 countries. Additional information can be found at


ACE North America Communications
Carla Ferrara, 215-640-4744