ACE USA Expands Online Policies for Commercial Contractors

Introduces Occurrence-based Contractors Pollution Liability Coverage

PHILADELPHIA--(BUSINESS WIRE)-- ACE USA, the U.S.-based retail operating division of the ACE Group, today announced that it has expanded the capabilities of its products and services for its web-based underwriting facility -- www.aceecpl.com -- to now include a new offering -- occurrence-based contractors pollution liability coverage. ACE USA’s Contractors Pollution Liability Coverage (CPL) is specifically tailored to the needs and exposures faced by contractors, by offering a business-critical solution to insure against loss when sudden or gradual pollution conditions are created through covered operations at a job site. This coverage is available to its commercial contracting clients in environmental and non-environmental classes of business, including general or trade contractors.

“Today’s contractors need innovative risk management solutions and greater flexibility in building their insurance programs,” said Gerry Rojewksi, Vice President, ACE Environmental Risk. “This enhanced coverage accessed through our convenient online environmental platform offers brokers a greater variety of product offerings for their contracting clients. The addition of the occurrence-based option allows greater flexibility to meet varying insurance requirements, and greater uniformity in response to customers from ACE’s environmental risk professionals.”

The enhanced eCPL^SM website offers the following key underwriting advantages:*

• Designed for clients generating $50 million or less in annual revenue
• Optional coverage to address mold liability on a claims-made and reported basis with available limits offered up to $1M per claim for mold liability
• A quick and efficient platform for offering Contractors Pollution Liability Coverage

ACE Environmental Risk offers a full range of environmental liability solutions designed to minimize bottom line impacts for those liabilities. ACE Environmental Risk’s liability product offerings include premises pollution liability, contractor’s pollution liability, and remediation cost insurance. These products are primarily distributed through the retail brokerage community to the commercial market.

To learn more about the enhancements to ACE USA’s eCPL online platform, please contact Gerry Rojewski at (215) 640-5919 or [email protected]. *Product highlights are summaries only; please see actual policy for terms and conditions. Products may not be available in all locations and remain subject to ACE Environmental Risk’s underwriting criteria.

ACE USA is the U.S.-based retail operating division of the ACE Group, headed by ACE Limited (NYSE: ACE), and is rated A+ (Superior) by A.M. Best Company and A+ (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.aceusa.com. The ACE Group provides insurance and reinsurance for a diverse group of clients around the world.

ACE USA
Carla Ferrara, 215-640-4744
[email protected]

Source: ACE USA