October 2006

Ace Directors and Officers goes live on Acturis

ACE European Group has launched a directors' and officers' product on the Acturis broker platform.

The auto-rated cover, specifically developed for UK private limited companies is available on a stand-alone and add-on basis. It will offer quotations and allow brokers to accept cover of up to £10m for firms with a turnover or assets of up to £150m.

The policy, based on Ace's flagship Directors and Officers Elite 3 wording, provides cover for the majority of UK trades. The system will enable brokers to receive quotes, using a short system-based application form with a minimum number of questions, and then bind online. Once bound, brokers will receive the documentation by e-mail. The system will also enable brokers to renew cover electronically.

Professional Broking

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