ACE USA's ACE TankSafe will now offer above-ground coverage. ACE TankSafe is the Philadelphia-based insurer's Web-based underwriting facility for underground storage tanks. It enables contracted brokers to conduct automated underwriting transactions from submission to issuance. ACE TankSafe is offered through ACE Casualty Risk's environmental underwriting unit and targets underground and above-ground storage tank insurance products, from the small tank policies to large industrial portfolios.

"ACE TankSafe continues to fill a critical role in providing a more flexible and cost effective online underwriting facility for environmental insurance transactions," according to Geoff Gregory, president, ACE Casualty Risk. "Expanding this site to include both underground and above-ground storage tanks in response to the needs of our customers and brokers was the impetus for making these product enhancements."

Highlight of features available through ACE TankSafe include:

  • Simple on-line application process
  • Real-time rating and format quote generation
  • Instantaneous policy and certificates issuance
  • Easy electronic account management

Source: ACE


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