ACE USA Expands Premises Pollution Liability Environmental Policy to Respond to Growing Needs of U.S.-based Companies with Global Locations.

PHILADELPHIA -- ACE USA, the U.S.-based retail operating division of the ACE Group of Companies, today announced that it has expanded its Premises Pollution Liability (PPL) Policy to meet the growing environmental insurance needs of multinational companies with global locations. The expanded ACE USA Environmental Risk Premises Pollution Liability (PPL) Policy provides insurance pollution liability protection for gradual as well as sudden and accidental first- and third-party environmental liabilities.

The ACE USA Environmental Risk PPL policy targets stakeholders in residential, commercial, and industrial facilities. Insurance coverage is provided with limits up to $50 million and with a minimum premium of $10,000. Additionally, insurance coverage is offered on a non-admitted basis, and terms are available for up to ten years.

"The rise in the number of U.S.-based companies going global has created the need for environmental coverage that can be applied to locations worldwide," said William Hazelton, Senior Vice President, ACE Environmental Risk. "In the changing environmental marketplace, ACE USA's expanded policy responds to claims brought in jurisdictions outside the U.S. With our specialized teams of environmental and insurance professionals, and the ability to offer our U.S.-based clients access to a centrally-managed global network of claims professionals, we can better service the risk management needs of our customers."

Key Features of ACE USA's Environmental Risk PPL Policy, including coverages available for:

--Remediation costs, including replacement costs, for pollution on, at, or emanating from the insured locations

--Remediation costs for claims from government agencies for pollution on, at, or emanating from the insured locations

--Third-party bodily injury, property damage, and remediation costs for pollution on, at, under or migrating from the insured locations.

--Third-party bodily injury, property damage, and remediation costs arising from pollution conditions caused during the transportation of wastes of products

--Claims arising from listed non-owned disposal sites

--Legal defense expenses for any claims covered under the policy

--Emotional distress or mental anguish claims

--Natural resource damages claims

--Mold-related claims

--First-party business interruption 

--Underground storage tanks

ACE Environmental Risk, a division of ACE USA, offers a full range of environmental liability solutions designed to minimize bottom line impacts and provide hands-on management for those liabilities. ACE's environmental liability offerings include premises pollution liability, contractor's pollution liability, and remediation cost containment programs. These programs are primarily distributed through the retail brokerage community to the commercial market.

For more information about the ACE USA Environmental Risk PPL Policy and its range of products and services, please contact Jon Peeples at [phone] or [e-mail]. The above is only a summary; please see actual policies for terms and conditions. To review additional features and check submission requirements, please visit: www.aceenvironmentalrisk.com

ACE USA is the U.S.-based retail operating division of the ACE Group of Companies, headed by ACE Limited (NYSE:ACE), and is rated A+ (Superior) by A.M. Best Company and A+ (Strong) by Standard & Poor's. ACE USA, through its underwriting companies, provides insurance products and services throughout the U.S. Additional information on ACE USA and its products and services can be found at www.ace-ina.com. The ACE Group of Companies provides insurance and reinsurance for a diverse group of clients around the world.