ACE Canada, the Toronto-based Canadian operating division of global property and causualty insurer ACE Group, has introduced an easy-to-use option for Canadian brokers to co-ordinate placement of local admitted insurance policies.
This new application benefits ACE’s brokers and clients by reducing the operational hurdles often encountered when securing a local broker by leveraging the ACE Global Network.
BrokerPass is available in more than 140 countries to Canadian brokers whose clients have international property and casualty exposures that require local admitted policies.
“Using the power of our ACE Global Network and state-of-the-art Worldview web platform, BrokerPass provides Canadian brokers with a reliable way to service their multinational clients,” said David Brosnan, division president, ACE Canada Property and Casualty, and chief underwriting officer, ACE Canada. “Larger regional and national brokers also can benefit, since this streamlined process can help to reduce their network costs and the complexities of global program oversight.”
BrokerPass is available only in jurisdictions where a local broker is not required. Insurance is provided by insurance companies within the ACE Group or its allied distribution associates.