Skip Navigation

ACE

Products by Category

Funded Deductible Plan

ACE’s Funded Deductible Plan is designed exclusively for primary casualty buyers seeking an alternative to the traditional incurred loss retrospective program or high deductible plan or transitioning from a guaranteed cost plan.

Benefits:

  • Experienced underwriting teams dedicated to risk-financing program structures
  • Willingness to entertain "tougher" industries and classes of risk
  • Lower administration costs than those associated with a rent-a-captive structure
  • Guaranteed investment income credit for life of the program
  • Dedicated administration
  • Pre-determined loss development factors at designated adjustment intervals
  • Admitted policies issued by the ACE Group of Companies to fulfill statutory requirements
  • Certificates of Insurance to evidence full coverage and limits as stated on policy
  • Fully bundled claims management and loss prevention programs through ESIS, Inc., ACE’s risk management services company
  • Flexibility to unbundle claims services to a number of pre-qualified third-party administrators
  • Availability to ACE USA's full product offerings including umbrella/excess, professional and management liability, environmental, international and property

Coverage:

  • Working cash collateral available for:
    • Workers Compensation (WC)
    • General Liability (GL) and Products Completed Operation
    • Automobile Liability (AL) and Physical Damage (PD)

Minimums

  • Companies with initial expected losses of $500,000 or more within their selected deductible/retention
  • $100,000 per accident for WC
  • Lower retentions may be considered for AL and GL  

Limits

  • Statutory for WC
  • Capacity up to $10 million for AL and GL

 

Client Profile

Clients include public and privately held companies, companies with strong financial histories or growth opportunities, firms engaged in spin-offs, mergers, acquisitions or other related private equity transactions, and companies with established health, safety, and environmental  programs.

 

Insurance provided by ACE American Insurance Company, ACE Fire Underwriters Insurance Company, ACE Property & Casualty Insurance Company, Indemnity Insurance Company of North America, 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.