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Professional Risk Liability and Directors & Officers Liability Reinsurance
In these times of increasing litigation, the need for protection of the individual and corporate body has never been greater. No business is immune and the results can be devastating. That’s why ACE Tempest Re Group offers secure and stable professional liability and indemnity coverage as a strategy for self-defense. Company directors, officers and professionals are accountable to a multitude of third parties who can put them at considerable personal financial risk.
Product Highlights
Special Features
Target Audiences
Product Highlights
With more than 60 years of experience, ACE is an internationally acknowledged provider of professional risk and management liability reinsurance. We focus on providing reinsurance treaty solutions for specialist insurance carriers and divisions of composite insurers.
- Directors & officers — Provides financial protection to individuals for liability imposed on them whilst acting in their capacity as a director or officer
- Employment practices — Protection against legal liability for wrongful termination, discrimination or sexual harassment
- Medical malpractice — Protection against liability for medical errors, both for institutions such as clinics, hospitals and health authorities, as well as for individual practitioners
- Professional liability/errors and omissions — Protection against loss or expense resulting from alleged or real negligent acts, errors or omissions in the performance of professional services, including emerging or non-traditional occupations
- Other specialty lines — Providies treaty reinsurance covers for exposures such as court bond, defective totals and more
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Special Features
- Treaty solutions designed to provide tailor-made coverage for a diversity of professional liability classes
- Custom enhancements available
- Full transparency of rating methodology, coupled with close partnership with cedants
- Importation of input of cedants providing best-fit solutions for any portfolio
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Target Audiences
- Specialist mono-line carriers
- Multi-national composite insurers
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This general product description is informational only. It is neither
an offer to sell nor a solicitation to purchase any particular insurance
product. Coverages may not be available in all jurisdictions and may be
available only through appropriately licensed brokers. Refer to the Licensing
Information document for a chart of the jurisdictions in which each
ACE Group subsidiary is licensed.
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See Also
Further Information
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