Skip Navigation

Financial Institutions: ACE Global 2488 D&OTM

ACE 2488 Global D&OTM provides an enhanced global Directors & Officers (D&O) liability insurance proposition for multinational businesses. Clients can capitalize on ACE’s global presence of ACE-owned offices in 54 countries, rely upon ACE’s expertise in coordinating local policies around the world, and access ACE’s Syndicate 2488 for a single policy covering risk throughout Lloyd’s broad license network.

ACE 2488 Global D&OTM complements ACE’s existing suite of products — providing organizations with numerous options for placing multinational D&O programs, and offering consistent, knowledgeable coverage, regardless of location.

Features:

  • Coverholder status provides ACE with the ability to handle all clients’ multinational D&O coverage requirements directly from the U.S.
  • In jurisdictions where ACE is not licensed, an ACE 2488 Global D&OTM policy enables us to offer substantially similar coverage and pay covered claims in additional countries, thanks to Lloyd’s comprehensive license network.
  • Where local policies are required in non-admitted jurisdictions outside of Lloyds’ footprint, ACE can coordinate local policy issuance through our global network.

Benefits:

  • As a Lloyd’s coverholder, ACE has binding authority to issue policies on behalf of ACE’s Syndicate 2488 in the U.S. 
  • Provides enhanced efficiency and effectiveness in addressing clients’ increasing need for global insurance programs.
  • Convenience of a Lloyd’s policy mitigates the need for multiple local policies, thanks to Lloyd’s comprehensive license network.
  • Eases coverage placement and policy administration by offering a single point of contact with a U.S.-based underwriter.
  • Increased contract certainty offering broader coverage and the ability to pay covered losses in an expanded network of countries, including territories covered by Lloyd’s global network of offices as well as those covered by ACE’s own licenses.
  • Access to ACE’s global infrastructure and capabilities, offering convenient and efficient risk management.onoline coverage available