Filed Under:Risk, Climate Change

Ace Adds Environmental Liability to Multinational Product

Louise Joyce, product manager for Ace Evolve
Louise Joyce, product manager for Ace Evolve

Ace Group says it has added environmental liability coverage to its corporate multinational product, Ace Evolve, as an enhancement reflecting increased environmental regulation and mounting pressure to be socially responsible.

"With growing scrutiny and regulation on environmental issues across almost every territory, plus the increasing number of       environmental incidents that affect mainstream organisations, brokers are under increasing pressure to offer clients global environmental cover," says Tom Hillier, environmental liability and London casualty manager at Ace, in a statement. "This can prove difficult when operating across territories with varying legislation."

But Ace Evolve allows clients to benefit from Ace's expertise in environmental liability and multinational programs, he adds. The enhancement was derived from broker and client feedback, Ace says.

Louise Joyce, Ace Evolve product manager adds: "The addition of environmental liability cover to the Ace Evolve package product will enable brokers to benefit from ACE’s leading expertise in the area by offering their clients a practical solution for this important emerging risk.”   

 

Source: Ace Group

Top Story

Take a look at the damage that Hurricane Gonzalo left behind in Bermuda

Hurricane Gonzalo ended up weaker than expected when it hit Bermuda last week, but damage on the island was still widespread.

Top Story

9 ways to recruit and retain Gen Y insurance pros

How to convince millennials that insurance is a rewarding career.

More Resources

Comments

eNewsletter Sign Up

Risk Management Report eNewsletter

Identify problems involving emerging risks, reinsurance, and business interruption with help from Risk Management Report - FREE. Sign Up Now!

Mobile Phone
         
Close

Advertisement. Closing in 15 seconds.