PHILADELPHIA–(BUSINESS WIRE)–ACE Group today announced that the ACE Medical Risk Group has enhanced its Life Sciences capabilities to include a commercial package offering comprised of general liability, inland marine, crime, umbrella liability and business automobile coverages to help address the unique needs of life sciences companies. The enhanced ACE Life Sciences Commercial Package Policy provides higher limits and is offered in conjunction with ACE's products-completed operations liability offerings for U.S.-based life sciences companies.

“Today's life science companies need business partners who can provide comprehensive solutions for the daily risks and challenges they face,” said Tristan Gabriel, Senior Vice President, ACE Medical Risk Group. “Enhancing our comprehensive package with additional coverages and increased limits allows us to round out our insurance program to meet the unique needs of our life sciences customers.”

“As a result of current growth in the life sciences market, and with the rapid advances in science and technology relating to clinical trials, it is critical for ACE to offer our customers effective risk management strategies in addition to a complete insurance solution,” said Caroline Clouser, Executive Vice President, ACE Medical Risk Group.