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Ace launches UK online broker app.

M2 EQUITYBITES-May 16, 2014--Ace launches UK online broker app

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16 May 2014 -- US insurer Ace Group (NYSE: ACE) said it has launched its mobile app for iPads (NASDAQ: AAPL) for its Ace Online web-trading platform which allows insurance brokers to quote and bind new business on behalf of their clients.

According to the firm, the product suite will be expanded over time and the first cover made available on the Ace Online mobile app is directors & officers liability.

Brokers will benefit from access to Ace's Elite SME Plus directors & officers policy wording, the firm said.

The package includes cover to accommodate private limited companies with assets up to GBP 500m in a wide range of trades and automatic inclusion of corporate legal liability and corporate employment practices liability cover with their own separate aggregate limit of liability, among other things.

Ace Group is a multiline property and casualty insurer with operations in 54 countries.

Find out more at www.acegroup.com.

1 USD = .60 GBP

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Publication:M2 EquityBites (EQB)
Date:May 16, 2014
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