Fashion houses need no longer fear if model tantrums or champagne spills lead to a season collection disaster – Ace Italia has launched a new Fashion Style policy that covers a collection from concept to
Fashion Style was launched to 300 Ace brokers in Milan as part of Ace's niche underwriting strategy. It will soon be available outside Italy.
Ace Italia president Paolo Rizzo said Ace had worked on collections of leading fashion houses such as Krizia and Versace in the past.
“But a tailor-made product covering a fashion house against all its direct, indirect and third-party risks, as well as some which it may not have imagined running, is a first,” Rizzo said.