Professional Indemnity / Errors and Omissions

Overview

ACE GPS^SM provides clients doing business across international borders customised solutions for the broad range of risks they face, both at home and abroad. Our coordinated and transparent global approach provides customers with risk transfer and risk financing solutions which are both compliant and cost effective.

Once a company begins to operate beyond its indigenous borders, it will be confronted with a growing array of complex laws, rules and regulations, which, if not managed diligently, may increase the possibility of loss and consequent litigation. ACE GPS^SM critical management and professional liability products provide crucial protection against the liabilities of companies, directors, officers, employees, professionals, and advisors.

The superior products are supported by knowledgeable and experienced underwriting teams and backed by exceptional customer service and responsive claims administration. The team is dedicated to working with retail brokers and is committed to establishing solid, long term client relationships.

Product Description Target Classes or Industries Key Advantages Territories Contacts

ACE offers a wide range of Management and Professional Liability insurance products designed to provide customised global solutions for companies with exposures around the world.
Examples of specific product types:

Professional Indemnity Insurance
Accountants Professional Liability Insurance
Surveyors/Property Consultants Professional Liability Insurance
Design and Build Professional Liability Insurance
Architect and Engineers Liability Insurance
Lawyers’ Professional Liability Insurance
Cyber Liability Insurance

Limits
Separate and shared limits up to AUD$20million

All public, private and non-profit organisations with an active risk management philosophy and program

Underwriting expertise and experience
Claims expertise and experience
Superior insurance products
Global network of ACE Group insurers
Efficient operational platform

ACE has a highly experienced team of underwriters dedicated to providing tailored solutions for our multinational clients. As an underwriting company, ACE takes the time to understand our clients' exposures and work in partnership to deliver a global program which meets their needs.

Leveraging all of the assets and capabilities of the ACE Group organisation and network in over 170 countries around the world, ACE GPS^SM management and professional insurance products ensure that clients receive timely and expert claims resolution services as well as effective and compliant locally issued insurance documentation. This integrated global capability is backed by industry leading technology that ensures clients can access detailed information about the status of their global program, including a copy of the locally issued policy, and claims data from their own secure web enabled portal 24 hours a day, 7 days a week.

The ACE Group global network of insurers provides protection to companies operating worldwide:

Access to local multinational programs in over 70 countries around the globe
Indications available based upon a minimum of readily available information
Commitment to customer service in both home and local countries around the globe

For more information about ACE Management and Professional Liability products, please contact:

Grant Cairns
Financial Lines Manager,
Australia & New Zealand
grant.cairns@acegroup.com
+61 2 9335 3266 tel

Liam Burrell
National Professional Indemnity
Product Head
liam.burrell@acegroup.com
+61 2 9335 3245 tel

©2011 The ACE Group of Insurance and Reinsurance Companies. This is a product and service summary. Products are underwritten by insurance company subsidiaries of ACE Limited. Coverage may not be available in all jurisdictions and is subject to actual policy language. Non insurance products and services may be provided by independent third parties.