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ACE

Products by Industry

Airports & Aircraft

ACE provides highly specialized property and casualty insurance for certain segments of the aerospace industry domiciled in the USA, its Territories and Possessions, Puerto Rico, Canada, the Bahamas and the Islands of the Caribbean and contiguous waters.

Benefits:

  • Tailored comprehensive products backed by superior service and unparalleled underwriting expertise
  • Highly qualified and experienced claims service
  • Commercial airport loss prevention through our wholly owned company, ESIS®, Inc.
  • Superior service capabilities in both underwriting and policy documentation
  • Strategic alliances with respected international insurers and reinsurers

Minimums & Limits

Minimums

  • Airports and Aircraft:  No minimums
  • Aviation operations minimum limit: No minimums, except for certain types of airside operations.

Limits

  • Airports and Aviation operations:  $100 million, including TRIA and War, if required
  • Aircraft:  $100 million liability;  $10 million hull; $10 million aircraft spares as part of an aircraft policy; including TRIA and war if required
  • Excess Liability: Only over ACE primary limits, up to total limits of $750 million is available under ACE’s Lloyd's Limited Binding Authority, including TRIA except for war, which is up to total limit of $150 million

 

Target Client

Target Clients:

  • Airport owners and operators: both commercial and general aviation
  • Aviation operations liability: ground handling and service providers to the airline industry
  • Municipal aircraft

 

Restricted Classes:

  • Aerospace manufacturers' products liability: Not insured
  • Aerospace repairs and service:  Not insured
  • No General Aviation Fixed Base Operators

 

Insurance provided by ACE Property and Casualty Insurance Company and Westchester Fire Insurance Company, Philadelphia, PA, and, in some jurisdictions, other insurance companies within the ACE Group. The product information above is a summary only. The insurance policy actually issued contains the terms and conditions of the contract. All products may not be available in all states. Surplus lines insurance sold only through licensed surplus lines producers

ESIS, Inc, a claims and risk management services company, is part of ACE USA, the U.S.-based retail operating division of the ACE Group of Companies. ESIS risk control services may be sold directly to ESIS’s clients, or part of insurance underwriting. Risk control activities conducted on behalf of the insurer are not intended as a direct benefit or service to ACE insureds.