Marine Global Programs

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. We have an international network of underwriting, servicing, claims and risk engineering professionals to help businesses reduce risk and mitigate loss in a compliant and cost effective manner.

We offer individually tailored marine products to meet the needs of multinational companies. ACE GPS^SM clients have access to our marine underwriters, claims, recoveries and transportation risk management specialists worldwide.

Product Description Transportation Risk Management Key Advantages Contacts

Our global transport and marine cargo policy provides our most important multinational marine product.

Comprehensive cover is provided for loss or damage to goods in transit worldwide by all types of conveyance – air, land or sea.

Cover will include:

Loss or damage whilst loading onto and unloading from the carrying conveyance
Insured’s control of the salvage or disposal of their own branded goods
Buyers and/or sellers contingent interest
Delayed discovery of concealed damage
Increase in the value of goods due to the imposition of duty
Full payment of General Average or Salvage charges
Costs for the removal of debris

Full policy terms and conditions are agreed on an individual bespoke basis for multinational marine clients.

We offer market leading global transportation risk management solutions to multinational clients. We have specialist knowledge of the risks involved in transporting a wide range of commodities by different methods including:

Refrigerated or temperature sensitive cargoes
Pharmaceutical products
High value consumer and luxury goods
High tech equipment
Large or heavy equipment requiring specialist handling
Bulk commodities

Underwriting expertise and experience
Claims expertise and experience
Superior insurance products
Global network of ACE Group insurers
Efficient operational platform
Transportation risk management specialists
Market leader in project cargo

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 marine 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.

For more detailed information on ACE Worldview^SM, our web enabled client portal, or Global Risk Advantage (GRA), our web enabled claims reporting tool, please see separate sheet.

Christine Aldrich
Marine Underwriting Manager, Australia
christine.aldrich@acegroup.com
+61 8 9223 0105 tel

Lewis Liem
Regional Marine Risk Manager
lewis.liem@acergroup.com
+65 6398 8682 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.