ACE Launches Global Policy Placement for Brokers

In an effort to help U.S. brokers coordinate placement of local admitted insurance policies without the use of a local broker, ACE launched International Advantage BrokerPass. Part of ACE’s international casualty product suite, BrokerPass is designed to provide middle-market U.S. brokers with a reliable way to service their multinational clients. The insurer says it can also help larger regional and national brokers reduce network costs and the complexities of global program oversight.

BrokerPass is available in more than 140 countries to U.S. brokers whose clients have international casualty exposures that require local admitted policies.

“Using the power of our ACE Global Network and state-of-the-art WorldviewSM web platform, International Advantage BrokerPass provides middle market U.S. brokers with a reliable way to service their multinational clients,” said Tim Benson, SVP, ACE Multinational Group. “Larger regional and national brokers also can benefit, since this streamlined process can help to reduce their network costs and the complexities of global program oversight.”