International Advantage® Enterprise Solutions
ACE International Advantage® Enterprise Solutions provides customized solutions for U.S.-based corporations and multinationals with large or complex operations and exposures outside the U.S. Solutions include U.S. Controlled Master Program policy with admitted local policy placement(s), flexible program structures and tailored risk transfer options.
Benefits:
- Borderless international casualty programs with sophisticated coverage and service, customized to a client’s risk management philosophy
- Option for customized cash flow programs for large multinational companies
- Solutions that address complexities of global regulatory compliance
- Dedicated team of highly experienced international specialists in 16 major U.S. cities
- Dedicated global account manager for each program: single point of contact and centralized control for risk managers and brokers
- Comprehensive program administration
- ACE GPSSM - single servicing platform
- Global service standards
- State-of-the-art WorldviewSM web-based portal for client program management
- Global network in more than 170 countries, skilled in effective multinational program execution: underwriting, claims, risk control, efficient premium cessions and servicing
- Option for Executive Assistance® Services including repatriation
Coverage:
- Commercial General Liability
- Contingent and Locally admitted Auto Liability
- Contingent Employers Liability (EL) and Repatriation
- Foreign Voluntary Compensation
- Employers Liability including U.K. EL
- Option for seamless coordination with stand alone ACE A&H AD&D, and medical products
Target Client
Large U.S.-based multinationals with global operations and risk management programs, including:
- Contractors
- Energy
- Entertainment
- Exporters
- Financial Institutions
- High Tech
- Manufacturers
- Mergers & Acquisitions
- Oil & Gas
- Professional Services Firms
- Service Industries
- Non-profits
- Real Estate Holders including Hospitality
- Specialty Chemical
- Universities
Program Limits & Structures
- General Liability Primary Limits up to $10 million per occurrence/aggregate
- Contingent and Local Primary Limits up to $10 million
- Employers’ Liability Primary Limits up to $5 million
- Limits up to $1 million for emergency medical evacuation/repatriation
- Flexible program structures that offer customized risk transfer options, as well as risk retention options through deductible and retrospective rating structures and use of captive reinsurers
- Developed premium allocations and payment procedures, in almost any currency
- Online loss data in multiple currencies and format
- Rapid funds transfer to captive or ACE pays an interest penalty
- Financial coordination that provides detailed reporting, documenting premium payment and captive cessions
Services
Our commitment to superior service is spearheaded by a U.S. team of international account and claim management specialists, supported by ACE global network capabilities.
Our International Advantage® programs include:
- Professional program implementation
- Efficient premium cessions
- Quality claim management
We manage to published global service standards to provide our brokers and clients with consistent and reliable programs that can be customized to their individual requirements.
Features
- Expertise: Specialists in international casualty risk management who focus exclusively on the overseas exposures of U.S.-based multinational companies or companies with international risk
- Regional Underwriting: Dedicated international casualty underwriters with decision-making authority located in nine regional U.S. offices
- Global Presence: ACE Global Network includes offices in more than 50 countries and network partners in more than 100 others that provide local expertise in international legal structures, regulations and customs
- Global Servicing: State-of-the-art infrastructure and dedicated global network team for local policy issuance, premium collection and claims handling
Risk Transfer Options
Alternative Risk Transfer Options Include:
- Captives
- Retrospective Rating Plans
