PHILADELPHIA--(BUSINESS WIRE)--
ACE Group today announced a significant enhancement of its ACE
Worldview® portal to provide its multinational clients with online
access to claim and detailed loss information for all multinational
lines of business. Key features of this enhancement include online
display of loss data, multiple export functions for downloading loss
data; loss reporting tools allowing users to setup customizable,
recurring reports; and a loss alerts function for triggering email
notifications for designated claim criteria.
ACE Worldview is an award winning virtual platform, first introduced in
2010, and is designed to meet the distinctive needs of multinational
risk managers and their insurance brokers to enable them to monitor the
status of their entire global program, obtain copies of local insurance
policies and certificates, and access proprietary research tools.
Numerous other features, including access to program contacts,
multinational standards, policy issuance monitoring, and other detailed
reports are customizable to each client’s unique needs.
“The role of the multinational risk manager continues to evolve,”
commented Joseph Clabby, Division President, ACE Global Accounts, ACE
Group. “There is a clear need for powerful technology tools that enable
accurate and efficient tracking of program activities across the globe,
and our clients have found ACE Worldview to be a useful tool. This
enhancement represents further investment and commitment to delivering
ACE’s global capabilities to multinational clients and brokers.”
“Our investment in ACE Worldview is ongoing,” added Gary Kramer, Senior
Vice President, Global Services, ACE Global Accounts. “We work
collaboratively with our clients and brokers to continually identify
ways ACE can deliver enhanced technology, which better streamlines the
administration of global data and information associated with these
complex international programs. Access to loss data, including financial
values and descriptive information makes ACE Worldview a comprehensive
risk management resource.”
ACE Worldview features various application pages to enable risk managers
to manage policies and monitor activities. In addition, it provides
customized reporting tools for management and tracking.
Key Features:
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Program Summary: allows tracking of insurance program activities
across the global ACE network. This is updated daily from ACE’s
proprietary multinational account system.
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Document Library: Contains important documents that pertain to
clients’ multinational program, such as implementation instructions,
policies, claims bulletins, and other various program documents.
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Report Center: Allows users to generate detailed reports showing the
status and details of various activities. The report center will allow
reports to be generated in multiple formats (PDF, Excel, and HTML) and
stored for easy retrieval.
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ACE Multinational Research: Powered in part by AXCO, a leading
independent supplier of global insurance market information, the tool
enables reporting and response to legislative and market practice
changes which influence insurance programs on a daily basis. Through
the ACE Insurance Directory, users access an online facility that
enables evaluation of country-level insurance information by line of
business, including changes in regulation and supervision as well as
general market conditions. Additionally, it provides details on local
network capability, such as company name, financial rating and
contacts.
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Loss Information: Links to ESIS Global RiskAdvantage® risk management
information system. The tool provides claim updates, customizable
dashboards, alerts, reporting, and modeling capabilities.
ACE Worldview continues to evolve. In 2013, the platform became
available to ACE’s primary casualty customers to provide them with the
benefits of ACE’s integrated technology solution, and further expansion
is slated for 2014. When combined with the network of ACE’s
strategically located global client executives, its extensive multiline
insurance operations in 54 countries, its network partners in more than
100 additional regions, and its deep expertise and longstanding
experience in serving its customers’ needs, ACE Worldview completes the
total package to support clients’ management of their global risk
programs. For more information, contact Gary Kramer at gary.kramer@acegroup.com.
ACE Group is one of the world’s largest multiline property and casualty
insurers. With operations in 54 countries, ACE provides commercial and
personal property and casualty insurance, personal accident supplemental
health insurance, reinsurance, and life insurance to a diverse group of
clients. ACE Limited, the parent company of ACE Group, is listed on the
New York Stock Exchange (NYSE: ACE) and is a component of the S&P 500
index. Additional information can be found at www.acegroup.com.
Source: ACE Group