The South African operations of ACE Insurance focus predominantly on specialist areas where expertise is required to accurately provide suitable risk mitigation. While insurance may be considered something of a commodity product, this expertise and our reputation are two key ways in which ACE differentiates itself. In establishing the risks and liabilities that our clients face, we call on our global centres of underwriting expertise to accurately determine what should be covered and at what price depending on the type of risks.  That combines with our local expertise, comprised of senior experienced underwriters who understand your business. Together with our actuaries, they will gauge global benchmarks and determine to what extent risks can be balanced with the cost of mitigation.

While our premiums are competitive, mature clients know that value is not solely determined by price, but rather by a combination of price, protection against risks and liabilities and the ability for their provider to serve their needs accurately and responsively. We don’t seek to be a market-share player, rather, we seek to identify and work with a select client base. Our focus falls on establishing relationships with our clients and supporting these relationships through a diligent and sincere approach to customer service, with a view to long-term engagements and a mutual exchange of value.

These are principles which underpin our strategy in this country and which we believe will support your choice to work with us as a preferred partner. As such, we look forward to being of service to you both now and into the future.

Our specialist areas of operation include:

·         Casualty: General Liability; Excess Liability

·         Financial Lines: Directors & Officers Liability; Public Offering of Security & Investments; Professional Indemnity

·         Marine: Tailored Marine Risk Management programmes; Extraordinary and difficult Risks; High coverage limits

·         Accident and Health: Corporate; Affinity; Direct Marketing; Travel Insurance (typically to cover corporate travel groups)

·         Property: Material Damage & Business Interruption; Contract All Risks/Erection All Risks; Energy;  Machinery Breakdown

A new market into which ACE Insurance is moving strongly is the Commercial sector. Defined as small corporation with a turnover of up to R150 million per annum, this sector is a major focus for the company’s South African operations, given that there are many more businesses in this category than there are large corporations.