ACE Risk Management’s National Excess WC Unit Enters Texas Non-Subscriber Market

December 18, 2003

ACE Risk Management (ARM), a division of ACE USA, announced the launch of a new product for Texas employers who have opted not to provide workers’ compensation insurance to their employees under the state workers’ compensation system.

The ACE Texas Non-Subscriber product will be one of a portfolio of new products to be launched by ARM’s National Excess Workers’ Compensation unit. Ken Riegler, senior vice president of the National Excess Workers’ Compensation unit will lead this effort and report to Catherine Fabiitti, senior vice president of ARM’s Industry and Specialty Products Division.

Texas businesses that do not elect to purchase workers’ compensation insurance are referred to as “non subscribers”.

“Employers choose non-subscription for a variety of reasons, but the primary driving factor is the increasing cost of traditional insurance for workers’ compensation,” said William Curcio, president of ACE Risk Management. “With the support of ACE’s financial strength and underwriting flexibility, ACE Risk Management’s Texas non-subscriber product responds to the unmet needs of this market and provides Texas employers with expanded product offerings.”

“We are pleased to give Texas employers a cost-effective alternative to the state workers’ compensation system,” added Riegler.

The ACE Texas Non-Subscriber product is uniquely designed for Texas employers that become non-subscribers and look to provide other benefits to injured employees, and to self-insure those benefits for their primary losses, yet purchase insurance coverage for catastrophic exposures.

ARM National Excess Workers’ Compensation will provide Texas employers coverage for such benefit programs above a minimum attachment point of $250,000 per occurrence. Up to $10 million in limits are available for qualifying risks and a minimum premium of $150,000 will be maintained.

To learn more about ACE Risk Management’s products and services, visit

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