GLOBAL OPERATIONS
We can provide or arrange admitted local coverage and claim services in
approximately 150 countries and jurisdictions. Through our extensive ACE
networks of local offices and experienced Global Operations account management
team, we can work closely with the Insured's Risk Management or Insurance
Department to tailor a program to fit the requirements of an Insured, whatever
their business may be.
Risk Management Fronting Programs (Captive)
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Issuance of a master policy and/or local policies in full compliance with any
local laws and/or applicable regulations which are reinsured in whole or in
part to an insured's captive, to a rental captive or to a "special purpose
reinsurer" used as a retention funding mechanism.
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Payment and administration of any taxes or duties associated with the issuance
of the policies.
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Administration of premiums withheld as may be applicable, etc.
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Various fronted policy limits available
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Handling of local affiliates insurance claims under the local policies in
excess of the deductibles.
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Provision of accurate and highly detailed reports to enable our clients to
maintain complete control over global programs
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Cash Flow Management and premium settlement that are unparalleled in the
Industry
Risk Transfer Fronting Programs (Non Captive)
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Issuance of local policies in full compliance with any local laws and/or
applicable regulations which are reinsured to a panel of reinsurers.
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Provision of certificates and/or other evidence of insurance as may be
requested
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Payment and administration of any taxes or duties associated with the issuance
of the policies
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Administration of premiums withheld as may be applicable, etc.
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Handling of local affiliates insurance claims under the local policies in
excess of the deductibles.
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Provision of accurate and highly detailed reports to enable our clients to
maintain complete control over global programs
Deductible Funding Programs
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Provision of a fund facility to receive and account for the insured's
deductibles under its insurance program and is in conjunction with the client's
agreement to indemnify ACE for all losses paid by ACE within the deductible
layer.
Submission Requirements
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Terms and Conditions
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Schedule of Values
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Captive Financials (Captive Programs only)
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Five Year Loss History
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Expiring Premiums
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Panel of Reinsurers (with domicile)
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