InFocus: Small Business

Small business, big coverage: ACE’s Commercial Risk Services

Small business, big coverage: ACE’s Commercial Risk Services

Small business, big coverage: ACE’s Commercial Risk Services
Research shows that 50% of American small businesses fail within the first five months of operation. With all the stresses and concerns that accompany entrepreneurship, business owners need insurance coverage that they know will protect them against the multitude of risks present in today’s marketplace.
ACE’s Commercial Risk Services offers just the solution. Launched only five years ago, CRS has already been widely celebrated by brokers as a much-needed offering for small business clients – and with most products provided on a quick, intuitive platform.
“When you look at the number of products that ACE writes, and the fact that we made our bones in being a specialty writer on tough to place businesses, then mix that with the added efficiency we built within CRS, it’s been an incredibly valuable proposition for brokers,” said David Lupica, group president for CRS.
Brokers have the added benefit of establishing a lasting relationship with their insurer and knowing that business clients will retain protection no matter if they evolve or expand in size because of ACE backing.
“When you go to other small business insurers, the minute that company either grows or becomes more complex, it gets kicked out of the unit and is back in the market with no goodwill built up with any carrier,” said David Lupica.
ACE, on the other hand, will adapt its policies to match companies’ evolving needs.
“What we tell people is: you never grow out of ACE. We started as a large company writer and moved down to this small business space. And so as your company grows, you grow up within ACE,” David Lupica said.
All of this amounts to coverage that’s completely unprecedented in the small business sphere.

To learn more about ACE Commercial Risk Services, please view an informational video here


ACE Group is one of the world’s largest multiline property and casualty insurers. With operations in 54 countries, ACE provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients.”
“The insurance companies of ACE Group serve multinational corporations and local businesses with property and casualty insurance and services; companies and affinity groups providing or offering accident and health insurance programs and life insurance to their employees or members; insurers managing exposures with reinsurance coverage; and individuals purchasing life, personal accident, supplemental health, homeowners, automobile and other specialty insurance coverage. - See more at: