Home   
Search
 

About ACE Bermuda

Financial Information

Products and Services

Media Centre

Careers at ACE
Excess Liability
Professional Lines
CODA
Property
Captives
Political Risk



  Home > Products and Services > Property
  Property
 
 

ACE Bermuda, one of the world's leading providers of commercial insurance, specializes in customized risk solutions, allowing our clients to engage in innovation without fear of loss of assets or earnings. Understanding your individual vulnerabilities to loss is key increating a product which not only ensures proper protection but also program stability and continuity.

The ACE Bermuda Property team provides global all risk property insurance. Our specialty underwriting team combines decades of experience with state-of-the-art technology, analytical methods and the ability to listen to your needs and offer a comprehensive level of protection.

Coverage

  • Excess and specialty property (property damage and time element)
  • Engineering insurances (EAR/CAR/B&M)
  • Inland and ocean transit covers
  • Natural catastrophe coverage options
  • Contractors liquidated damages covers
  • Nuclear risks
  • Natural catastrophe covers
  • Transmission and distribution lines
  • Event cancellation covers
  • Condemnation insurance

Limits
Maximum US$50 million limit per risk or foreign currency equivalent
Critical earthquake and flood capacity of up to US$10 million

Attachments
Minimum US$10 million or foreign currency equivalent for customers with low claims frequency

Policy Form
Coverage is generally on a follow form basis
 
Target Markets
Fortune 3000 manufacturing and service companies focusing specifically on the following industry groups:

  • Chemical
  • Oil and gas
  • Utilities (nuclear and conventional)
  • Primary metals
  • Forest products
  • Electronics / semiconductor
  • Mining and minerals
  • Telecommunication
  • Pharmaceutical

General

  • Large net capacity ensures program stability
  • Coverage terms available for up to 3 years
  • Worldwide risks accepted
  • Critical earthquake and flood capacity of up to US$10 million

ACE Bermuda Offers

  • Underwriting expertise
  • Long-term commitment
  • Financial strength
  • Non-traditional coverage options
  • Global expertise
  • Commitment to published Customer Service Standards

Further Information
If you are a US-based company, broker or agent please note that ACE Bermuda’s insurance products are only available through non US-based brokers.  Please contact your broker to find out more about our products and capabilities.

     
  © 2008 ACE |  Terms of Use | Licensing Information