ACE Financial Solutions, a part of ACE Risk Management, provides customized insurance and reinsurance solutions to clients with unique or complex risks that are not adequately addressed in the traditional insurance marketplace.  This team is equipped to structure cost-effective solutions and provide tailored insurance and reinsurance products that provide clients with a customized program that balances risk assumption and insurance protection in conjunction with an efficient use of the insured’s capital.

Products include:  Collateral Replacement, Loss Portfolio Transfers (LPT’s), Novations and Structured Risk Products.

·        Collateral Replacement Product – Offers prospective and existing ACE clients an alternative solution to traditional Letter of Credit requirements.  Aggregate loss protection is also available.

·        Loss Portfolio Transfers (LPT’s) – Offers solutions to insured’s seeking alternatives to expensive or burdensome collateral requirements, as well as an option to existing ACE clients and clients seeking to escape on-going self insured or deductible liabilities.

·        Novations: ACE can “step in the shoes” of an original insurer in order to provide insureds with financial security and stability that they require for ongoing claims liabilities.  Generally, novations are an alternative to insureds that have policies issued by financially troubled, undercapitalized or exiting commercial carriers.

·        Structured Risk Products: These are client-specific insurance products for large organizations facing a wide spectrum of risk management challenges, including difficult-to-insure exposures.  Coverages include, but are not limited to: environmental cost caps, professional & management liability, general liability, auto liability and workers compensation. 

To learn more about our ACE Financial Solutions products, please contact:

Matthew Merna, Executive Vice President

ACE Financial Solutions

Phone: 212.209.2277

Email: matthew.merna@ace-ina.com