Insurex, Frontier General Unveil New Workers’ Comp Product in California with ACE Casualty Risk

April 1, 2004

Insurex Inc. and Frontier General announced the release of a new workers’ compensation product in California with ACE Casualty Risk, a division of ACE USA. The new product launched is called ACE Complete and is marketed through Insurex and Frontier General. ACE Complete provides workers’ comp insurance products for the small- to mid-size employer market.

“We are excited about the market potential for this product,” said Ralph April, senior vice president, ACE Complete. “Research indicates that brokers have a substantial need for an efficient and highly responsive method of transacting workers’ compensation business, and ACE Complete was designed to address that need head-on. From clearance through qualification, rating to issuance, ACE Complete provides efficiency, superior service and cost benefits with the convenience of web-based transactions.”

Dan McCarthy, CEO, Insurex, Inc. explained the benefits of ACE Complete’s timely entry into the marketplace: “The small- to mid-size employer is the backbone of the U.S. economy right now. ACE Complete brings the financial strength and superior service of ACE USA to this market segment. We are pleased to make this product offering to independent agents in the California marketplace. Employers have very few options these days and the ACE USA products are arriving at an important time.”

ACE Complete is a multi-state offering designed with more than 125 workers’ comp classes in California and can accommodate employers with operations outside of California. In addition, ACE Complete can offer coverages to qualifying “new ventures.”

Independent agents and brokers in California can access ACE Complete though Insurex (www.insurex.com) or Frontier General Insurance Agency of California (www.frontierwc.com).