ACE, the US based retail operations of the ACE Group had launched a new, enhanced Public Entity Liability policy developed to meet the risks faced by public entities.

The enhanced policy provides a comprehensive group of coverages in a single insurance solution by combining public officials liability and employment practices liability coverage with benefits of a general liability and auto liability product.

ACE Public Entity senior vice president Richard Vincelette said that the new products further enhance the company’s multifaceted approach from product development to risk management-focused claims expertise.

The new policy features include separate General Liability and Auto Liability limits from public officials liability and employment liability practices limits, an enhanced definition of the insurance which includes outside directorship, coverage for professional services, crisis management coverage of $25,000.

ACE Professional Risk senior vice president Michael Tanenbaum said the company’s policy enhancements demonstrate a sound understanding of public sector professional liabilities, and offers risk managers a comprehensive group of coverages that are customised to meet the unique exposures associated with the day-to-day operations of political subdivisions, agencies and authorities.

Other features of the policy will include an insured-versus-insured exclusion with an exception for cross claims and third-party claims and a 60-day period end-of-policy period that facilitates for claims that take place in the policy period.

As per the policy, there is an extended reporting period for public official liability and employment practices liability.

Further to the indemnity limits ACE will also offer public official liability defense.