Ace launches liability portfolio

Insurer Ace has launched Ace Elite, a portfolio of liability products designed to address the increased exposure of individuals and their personal assets.

The insurer claimed that its Ace Elite directors' and officers' (D&O) product responded to the broadening of policies in the market to cover company assets.

Commenting on the launch, Dan Holloway, Ace's UK D&O product manager, said: "D&O was originally developed to provide protection for the personal assets of individual directors and officers.