ACE Risk Management Creates New Excess Workers’ Comp Unit

ACE Risk Management (ARM), part of ACE USA, announced the creation of a new unit, ARM Excess Workers’ Compensation.

The ARM Excess Workers’ Compensation unit offers risk managers and brokers the ability to customize workers’ comp programs to address today’s changing marketplace. This stand-alone product is uniquely designed for clients that self-insure their predictable losses, yet look to purchase insurance for catastrophic exposures.

ARM Excess Workers’ Compensation will provide coverage for single entity risks with premium of at least $100,000. The unit will look to offer coverage above a minimum attachment point of $250,000 per occurrence. Statutory limits are available for qualifying risks.

Leading this new unit is Kevin McCracken, senior vice president. McCracken joined ACE in 1999 as senior vice president, ACE Risk Management, Atlantic Region.