Click here for a PDF version of the ABI Property information sheet
The ACE Bermuda International Property team fulfils client needs by providing global All Risk property solutions. Its speciality underwriting team combines decades of experience, latest technology, analytical methods and the ability to speedily solve client problems and consequently to offer a more comprehensive level of protection.
Coverage
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Excess and specialty property (property damage and business interruption)
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Engineering insurances (EAR/CAR/B&M)
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All Risk coverage
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Specified perils coverage in isolation
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Sideways aggregate protection covers
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Transmission and distribution lines
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Inland transit
Philosophy
- Low frequency / high severity portfolio
Limits
- Maximum US$50 million limit per risk or local currency equivalent
Critical catastrophe capacity will be more limited.
Attachments
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Excess of loss only, normal minimum US$10 million or local currency equivalent
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Trade, nat cat, size of risk and MFL / PML all determine the attachment point
Policy Form
- Coverage is generally on a follow form basis or ACE Bermuda International excess form
Underwriting Models
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Actuarial proven risk models
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Specialised catastrophe model - RMS
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Modelling is done by our underwriting team and not subcontracted out
Target Markets
FTSE 500 - type manufacturing and service companies focusing (not exclusively) on the following industry groups:
General
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Large net capacity ensures programme stability
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Worldwide remit to underwriting approach
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One stop shopping approach involving other parts of the ACE Group
ACE Bermuda International Offers
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Financial strength
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Local, relevant, underwriting expertise
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Consistency
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Commitment to long term client relationships
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Access to a global network
Property Underwriting Team
Stephen French
Chief Underwriting Officer
ACE Bermuda International
ACE Building
100 Leadenhall Street
London EC3A 3BP
United Kingdom
Telephone: +44 (0) 20 7173 7926
Fax: +44 (0) 20 7173 7836
Email: stephen.french@ace–ina.com
Neal Hayward
Property Manager
ACE Bermuda International
ACE Building
100 Leadenhall Street
London EC3A 3BP
United Kingdom
Telephone: +44 (0) 20 7173 7377
Fax:+44 (0) 20 7173 7836
Email: neal.hayward@ace-ina.com
Dwayne T.S. Hunt
Senior Property Underwriter
ACE Bermuda International
ACE Building
100 Leadenhall Street
London EC3A 3BP
United Kingdom
Telephone:+44 (0) 20 7173 7112
Fax:+44 (0) 20 7173 7836
Email: dwayne.hunt@ace-ina.com
Charlene Pigot
Underwriter
ACE Bermuda International
ACE Building
100 Leadenhall Street
London EC3A 3BP
United Kindgom
Telephone:+44 (0) 20 7173 7380
Fax:+44 (0) 20 7173 7836
Charlene.pigot@ace-ina.com
Sinead Cormican
Underwriter
ACE Bermuda International
5 George’s Dock
International Financial Services Centre
Dublin 1
Ireland
Telephone:+353 (0)1 440 1790
Fax:+353 (0)1 440 1710
sinead.cormican@ace-ina.com