PHILADELPHIA--(BUSINESS WIRE)--ACE USA, the U.S.-based retail operations of the ACE Group, today announced the introduction of a new, enhanced Public Entity Liability policy designed to address the unique risks faced by public entities. The enhanced policy combines public officials liability and employment practices liability coverages with the benefits of a general liability and auto liability product, thus providing a comprehensive group of coverages in a single insurance solution.
“ACE continues to demonstrate its commitment to the unique specialty coverage needs of public entities,” said Richard Vincelette, Senior Vice President, ACE Public Entity. “And these new products further exemplify our multifaceted approach—from product development to risk management-focused claims expertise.”
“ACE’s policy enhancements demonstrate a sound understanding of public sector professional liabilities, and offers risk managers a comprehensive group of coverages that are customized to address the unique exposures associated with the day-to-day operations of political subdivisions, agencies and authorities,” said Michael Tanenbaum, Senior Vice President, ACE Professional Risk. “Our policyholders will reap the benefits of these enhancements.”
Key features of these policy enhancements include:
ACE Public Entity, a unit of ACE USA, specializes in meeting the underwriting insurance needs of public entities, with specialists in underwriting, claim management, loss control, risk and safety engineering. For more information about ACE Public Entity and its range of products and services, please visit our website. ACE Professional Risk, a division of ACE USA, is staffed by a specialized team of innovative underwriters and provides management liability, professional liability, and surety products throughout the U.S. For more information about ACE Professional Risk and its range of products and services, please visit our website.
Insurance is provided by affiliated insurance companies in the ACE Group. The product information above is a summary only; please see the actual policy for terms and conditions. Surplus lines insurance provided only through licensed surplus lines producers. All products may not be available in all jurisdictions.
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.