PT. ACE INA Insurance

PT. ACE Insurance has established itself as one of the premier providers of commercial liability insurance in Indonesia. Liability programs offered by PT. ACE INA Insurance provide risk managers and brokers a wide variety of casualty and liability products as well as specialized services on a primary, umbrella excess, or high excess basis.

PT. ACE INA Insurance is committed to providing clients with the best possible cover for the continuation of their businesses. Its quick response to accommodate claims paired with its strong capital base in dealing with major exposures make PT. ACE INA Insurance the company of choice for clients who seek coverage to minimize risk and loss costs.

PT. ACE INA Insurance's liability programs can provide cover on a primary, excess, or umbrella liability basis. Cover is provided for public and products liability for a cross-section of industries and occupations. Coverage can be extended to include product recall expenses, goods in the clients care, custody and control and miscellaneous error and omissions.

Flexible wording, broad form, manuscript or broker wordings can be used
Cover is available for USA exports
Loss control services
Global capabilities and networks

Manufacturing industries
Accounts where ACE can provide a tailor-made liability loss control program
Umbrella liability programs to provide cover above motor, personal and general liability

With an PT. ACE INA Insurance Exporters Product Liability Policy, clients are protected world-wide (including USA and Canada) against action brought to court by a member of the public, or by a retailer or distributor, seeking recompense for any loss, injury or damage caused by the products.

The policy is designed around the clients' particular exporting needs, and it helps them protect their markets by transferring their risk at known cost for which they can budget.

Any investigative work necessary to verify the cause of the injury
Any damages awarded against you or your company by the court
Any suits brought against you under a North American court of law

Indemnifies the insured against any civil liability for breach of a duty owed in a professional capacity in connection with the firm's business.

Defamation
Trade practices liability
Defense costs
Loss of documents
Principals previous business
Intellectual property infringement
Insured vicarious liability in respect to the use of consultants/contractors/subcontractors/agents
Joint venture liability (insured liability only)
Acquired or created subsidiaries

Directors and Officers liability insurance is a relatively new type of insurance coverage in the insurance market compared to its counterparts such as property and casualty insurance. However, increasing litigation arising from actions connected to directors and officers with regards to their corporate position has caused Directors & Officers Legal Liability insurance to become a key component of the corporate insurance.

ACE has been providing Directors & Officers Legal Liability insurance through many of its subsidiary companies globally. PT. ACE INA Insurance as the ACE Group's franchise in Indonesia indemnifies directors and officers of a company for claims arising from allegations of wrongful acts whilst acting in their capacity as a director or officer. Small, medium, and large-sized companies are subject to this type of exposure and PT. ACE INA Insurance offers the best possible coverage as a strategy for self-defense.

Advancement of defense costs
Insured vs. insured defense costs
Blanket investigations cover
Automatic cover for subsidiaries
Large capacity available

Medium size companies and above
Food and beverages
Telecommunications
Mining
Capability to write prospectus, USA exposures and NYSE/NASDAQ listings
Utilities-government owned/privatized
Excess layer programs

Fidelity Guarantee (provides protection for a business against employee's dishonesty)
Automobile Third-Party Liabilities (indemnify the insured against legal liability for third party's bodily injury and property damage arising out of the use of an automobile)
Employer's Liability (Indemnify the insured against legal liability for damage and claimant's costs and expenses in respect of death, bodily injury, sustained by an employee arising out of and in the course of his employment)