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CODA

For over 25 years the CODA policy has been providing high quality personal asset protection insurance for directors and officers of large multinational corporations. CODA's sole focus is to provide the broadest possible coverage for directors and officers when their company fails to indemnify them or when traditional insurance programs fail to respond to their needs.

ACE Bermuda's unique suite of CODA policies meet the ever changing demands of our clients offering Directors & Officers, Officers Only, Independent Directors, Retired Independent Directors and Retired Officers coverages. CODA is available for all major industry classes and policies are issued at inception.

Since 1986 the CODA policy has protected a significant number of directors and officers of Fortune 1000 companies. In 2006, ACE Bermuda International, a subsidiary of ACE Bermuda, expanded the CODA brand and launched a CODA policy designed specifically for the UK market.

CODA's history demonstrates ACE's commitment to innovation and the development of market leading products that respond effectively to the changing demands of our insureds.

By providing coverage in an holistic manner ACE Bermuda can eliminate the competing interests and conflicts which arise between the various external and internal directors, creating greater comfort for all. These coverages can be purchased either individually or as a packaged product providing for maximum protection and ease of administration.

Further Information

CODA was formed by its policyholders in 1986 and acquired by ACE Bermuda in 1993. Today ACE Bermuda is one of the world’s leading providers of directors and officers’ liability insurance, protecting the personal assets of individual directors and officers worldwide.

CODA Offers

  • 25 years of specialised underwriting experience
  • Sound financial balance sheet
  • Solid financial strength and credit ratings confirmed by S&P and AM Best
  • Commitment to service standards
  • Policies issued at inception
  • Superior claims handling
  • Commitment to product innovation and market leadership

Corporate Address
ACE Bermuda Insurance Ltd.
ACE Building
17 Woodbourne Avenue
Hamilton HM08
Bermuda

Contact your broker to learn more. ACE Bermuda’s insurance products are available through non US-based brokers only.
 

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