The retail industry employs one in ten of the working population in the UK and its impact on the economy is huge. Retail expenditure is one of the benchmarks by which governments measure the strength of the economy and consumer confidence.

Just like insurance, retailing is a service-driven industry. As an insurer we understand the importance of providing a good service: shopping is not just about buying goods any more it is also important to provide customers with a valued shopping experience. We have long experience insuring companies in the retail industry and our product reflects that knowledge.

ACE Retail is a comprehensive package insurance which can lift some of the pressure on retailers by addressing issues such as risk management, supply chain protection, technology and data protection, in addition to providing the traditional covers you would expect from a leading insurance company.

Aimed at medium sized retailers that have a number of different locations, a range of policy sections is available to ensure that the cover is suited to the insured's specific needs. The portfolio of cover available under ACE Retail is very wide including:

• Property and liability
• Environmental liability
• Computer hardware
• Computer data protection 
• Fidelity guarantee
• Marine cargo

In addition, extensions to the standard covers include:

• Supply chain protection
• Denial of access
• Corporate manslaughter defence costs
• Premises pollution liability
• Loss of attraction
• Personal injury and business travel

and a host of other vital covers. These extensions are not all automatic or free of charge so please contact your local ACE representative or branch for full details.

Other services

ACE Retail offers additional services to help retailers manage their exposures in different locations:

• Property risk management services, including
  • AAA self assessment tool
  • Industry specific risk management guide
• Occupational risk management services
• Business continuity planning
• Transportation risk management advice