ACE Europe, a provider of property and casualty insurance services, has launched its new Elite Pension Trustee Liability plan on the company's e-commerce platform - ACE Online.
ACE said that brokers can now generate pension trustee liability (PTL) quotations, place and renew cover, make adjustments and issue policy documentation at the touch of a button.
ACE Online PTL enables brokers to source specialized protection for individual trustees, pension schemes and sponsoring employers. In one process they can quote, bind and print policies online with minimal administration.
ACE is also providing access to its financial lines underwriters and business development managers who can give brokers full support when using ACE Online.
PTL cover is the latest product ACE has added to its online portfolio as part of its strategy to make its specialist products more accessible to its brokers.
Emma Watkins, pension trustee liability specialist and product manager at ACE, said: ACE Online PTL can provide trustees and schemes with the protection they need at an affordable price. The system is very easy to use so brokers can quickly generate quotations for their clients alongside directors and officers quotes.