ACE Evolve
A co-ordinated insurance solution for companies with at least one overseas operation, providing comprehensive cover including breakdown, transit, contract works and many other property and liability lines.
The programme can be completely tailored to suit clients’ needs and exposures and, with ACE’s global network, benefits from the expertise knowledge of its risk engineers, underwriting and claims professionals around the world.
Product Highlights:
- Help with putting together an insurance programme covering both indigenous and foreign operations
- Assistance with meeting the necessary regulations and obligations effectively and efficiently
- Direct access to knowledgeable underwriters who have the necessary expertise to put the programme together
- High levels of underwriting authority locally
- Insurance from one of the most financially robust, global insurance companies
- Flexible combined insurance programme for multinational exposures
- Efficient movement of premium across national borders - clients can track their own policy issuance, premium movement and claims using ACE’s Multinational Account eXchange (MAX) technology
Cover:
A broad policy wording recognises the needs of multinational companies, including automatic covers under the property section for:
- Contractors All Risks
- Machinery breakdown
- Money
- Personal accident assault
- Customers and suppliers extensions
- Denial of access under business interruption section.
The liability section features extensions for:
- Manslaughter defence costs
- Product recall expenses
- Environmental impairment liability (Ireland and UK cover only) and
- Automatic provision for acquisition
