ACE Commercial Risk Services®, the U.S.-based small business insurance division of the ACE Group, today introduced an easy-to-use online solution for U.S. brokers working with small- to-mid-sized U.S.-based companies doing business overseas. The portal, www.ACEAdvantage.NET, offers a streamlined process for rating, quoting, binding, and issuing its ACE International Advantage® Package Policy. In addition, ACEAdvantage.NET also offers agents and brokers a lower minimum premium trip/travel product offering, and the ability to customize coverages to meet the unique needs faced by businesses with employees traveling the globe.

“Despite uncertainty in the national economy, small and mid-sized businesses are the growth and employment drivers of the economy. This product provides the security that businesses need to expand their operations outside of the United States,” said David Lupica, Division President, ACE Commercial Risk Services. “ACE International Advantage has a long history of product innovation in the international package marketplace. ACE has decades of experience in underwriting, claims-handling, and providing critical services to employees of U.S.-based companies operating outside of the United States. This expertise gave us the ability and confidence to develop the ACEAdvantage.NET platform, which will now give our brokers and agents the ability to directly place small commercial international package polices in minutes.”

“With the increase in contract and other similar work being performed overseas, U.S.-based companies with operations and employees traveling outside the United States face heightened exposures,” said Tim Benson, Senior Vice President, ACE Multinational Client Group. “These include risks centered on exposures related to their employees’ health and safety as well as product liability risks that may not be covered by their domestic insurance program. ACEAdvantage.NET is a powerful web platform providing U.S. agents and brokers with a faster, more efficient way to service the needs of their U.S. clients doing business overseas.”

The ACEAdvantage.NET International Advantage Package Policy helps to protect organizations with operations outside our nation’s borders against the many financial and employee-related risks they face. The policy starts with a core employee-risk-focused package comprised of:

• Employers Responsibility with Executive Assistance® Services
• Contingent Auto Liability
• International AD&D with Medical

The core coverage can be supplemented, based upon the client and broker’s risk assessment and cost analysis, to include the following additional coverages:

• General Liability (with Products Liability for many industry classes)
• Enhanced Employee Protection including Kidnap & Extortion, Natural Disaster Evacuation, and Business Personal Property

ACE’s international casualty product suite offers insurance solutions for U.S.-based companies and organizations that travel or have operations outside the U.S. from simple package policies to complex multinational programs with sophisticated risk transfer options. For more information, please visit our website, or contact Tim Benson at timothy.benson@acegroup.com or (302) 476-6343.

Insurance is provided by insurers within the ACE Group. The product information above is a summary only. The insurance policy issued contains the actual terms, conditions and limits of the insurance contract.

ACE Commercial Risk Services is an operation within the ACE Group that is dedicated to providing specialty insurance products that offer solutions for small business insurance needs in North America. ACE Commercial Risk Services offers its products through retail agents and brokers, wholesale brokers and wholesale producers, program agents and other alternative distribution models. Additional information can be found at www.acecrs.com. The ACE Group is one of the world’s largest multiline property and casualty insurers. With operations in 53 countries, ACE provides commercial and personal property and casualty insurance, personal accident supplemental health insurance, reinsurance, and life insurance to a diverse group of clients. ACE Limited, the parent company of the ACE Group, is listed on the New York Stock Exchange (NYSE: ACE) and is a component of the S&P 500 index. Additional information can be found at: www.acegroup.com.