Ace Insurance Broker Private Limited

Ace Insurance Broker Private Limited

Asha Deep Building, New Delhi, Delhi
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Company Factsheet

Nature of Business
Service Provider

Legal Status of Firm
Private Limited Company


Ace Insurance Broker Private Limited - Service Provider of accidental and health services, aviation (insurance & re-insurance) & construction & engineering service in New Delhi, Delhi.

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Products & Services

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Accidental and Health Services

Ball Bearing
  • Accidental death & disability
  • Travel (Including Overseas) Short stay & extended stay & Annual Multi Trip.
  • Aviation - Pilots, Crew, Passengers, Commercial and General Aviation
  • Medical Expenses Insurance (Individual & Group) 
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Aviation (Insurance & Re-Insurance)

Ball Bearing
  • Aircraft hull & liability - fixed wing and rotor wing, airlines and general aviation.
  • Airport operator liability.
  • Airport traffic control.
  • Product liability - Aerospace manufacturer, fuel refiners, distributers & handlers, maintenance providers & repairers/ramp/ground service.
  • Reinsurance treaty.
  • Space/ Satellite launch in orbit and liability.
  • PA for Crew.
  • Loss of license.
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Construction & Engineering Service

Ball Bearing
  • Erection all risk /Construction all risk.     
  • Associated Third Party liabilities.
  • Contractor Plant & Machinery.
  • Consequential loss in association with machinery breakdown
  • Electronic Equipment.
  • Delay in Startup Insurance (DSU)/ Advance loss of profit covers in conjunction with main construction cover.
  • Terrorism.
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Financial lines

Ball Bearing
  • General Liability
  1. Comprehensive General Liability
  2. Product Liability & recall
  3. Terrorism
  • Directors & officers Liability Insurance
  • Professional indemnity Insurance
  • Crime Insurance
  • Product recall - Includes recall cost, business interruption rehabilitation costs, restore repair, refund, third party recall costs.
  • Kidnap & ransom - Kidnap, extortion, wrongful detention, hijack, death & dismemberment, consultant cost
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Marine, Cargo & Hull

Ball Bearing
  • Cargo - Bulk, Project and General cargo both break bulk as well as containerized.
  • Delay in startup - In conjunction with project cargoes
  • Containers Charters liability -
  1. Cargo Leader liabilities
  2. Liability under charter parties including loss of or damage to the vessel, cargo or equipment
  3. Delay, loss of use
  4. Third party liability
  • Hull
  • All risk including machinery
  • Top up Cover for Ship owners
  • Loss of hire
  • War & Terrorism
  • Ship building/port/authority/terminal operator liability.
  • Freight Forwarding
  • Liability.
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Oil, Gas, Marine & Energy Insurance Broker

Ball Bearing
Construction/Operational/and installation of     
  1. Fixed platforms
  2. Pipeline and cables
  3. Offshore mobile drilling units
  4. Land rigs
  5. Land / Solar farms
  6. Offshore sub sea and surface production system
  7. Control of well operation extra expenses, drilling and production, on & offshore
  8. Associated third party
  9. Business interruption and contingent business interruption.
  10. Delay in startup of project.
  11. Delay in delivering of vessels from building.
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Property (Insurance & Re-Insurance)

Ball Bearing
  • Property and business interruption.
  • Terrorism on a stand alone basis.
  • General liability, incidental to property placement. 
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We are committed to provide end to end solution (e2e) for all reinsurance needs to all, our clients and our team is committed towards providing all services under are roof. We assign experienced professionals to each assignment and blend expertise to cater to specialty and regional needs of the clients. We understand and collate market intelligence and aggregate industry data, analyze it and explore most effective solutions and negotiate optimum terms and conditions.
We remain committed throughout thereafter as well and actively participate in contract development, settlements including claims and strive to promptly attend to all enquiries expeditiously and ensure reports are delivered on time.
We enjoy faith and trust of all our clients and work very transparently and honestly. We are pro active when it comes to keeping our clients informed about latest industry developments, and assist and advice clients in capitalizing. On regional and global trends and help them make more informed underwriting decision.
We provide services in wide range of, key focus disciplines.

  • Agriculture
  • Alternative risk transfer
  • Aviation and Aero Space
  • Construction / Engineering All Risk
  • Casualty
  • Energy
  • Life, Accident and Health
  • Marine
  • Professional Indemnity
  • Public Liability
  • Property
  • Terrorism
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Terrorism & Political Risk Management

  • Terrorism
  • Political Risk
  1. Exchange transfer risk (currency in convertibility or non transfer) [C1].
  2. Confiscation, expropriation, nationalization or deprivation of assets of property [END].
  3. Government Action-Which prevent the performance of the contract whether by imposing new regulations, cancelling licenses, contract repudiation or imposing embargoes,
  4. Political violence including war of civil war resolution insurrection, civil commendation rights which result in damage to the insured’s property.
  5. Non payment by a sovereign buyer or non delivery by a sovereign supplier of non honoring of a sovereign guarantee.
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Treaties Insurance Service

We have a varied client base ranging from large state owned Companies to Private Insurance Companies in India and abroad. We address the underwriting concerns and capital objectives of our clients on a portfolio level enabling our clients to make optimum utilization of their Capital and thereby effectively manage Premium Growth. We are in a position to provide treaty programs to meet your unique objectives underwriting requirements and profile.
Our team of experts constantly stays engaged with existing markets as well as identifies new capacities to meet ever increasing needs of our clients.

  • Areas of expertise :
  1. Evaluation and setting of retention levels.
  2. Exposure modeling and advice on EML and adequacy of protection.
  3. Design treaty programs utilizing traditional as well as innovative products including Alternative Risk Transfer and Captives.
  4. Bespoke Products.
  5. Access to Global markets.
  6. Product development for niche areas.
  7. Competitive pricing.
  8. Claims service.
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    Ace Insurance Broker Private Limited B- 17, Asha Deep Building, No. 9, Hailey Road, Asha Deep Building,
    New Delhi-110001, Delhi, India

    Priryanka ( Director )
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