ACE'S Risk Engineering Services Provide Risk Guidance and Solutions to Clients

Sun Nov 11, 2012 9:59pm EST

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ACE'S Risk Engineering Services Provide Risk Guidance and Solutions to Clients

ACE Insurance, part of the ACE Group of insurance and reinsurance companies, is one of the world’s leading providers of risk engineering and risk benchmarking programs. By comparing risk management performances across different facilities and assessing an organization’s performance against best practices, ACE’s risk management programs help to increase risk awareness throughout an organization.

(Photo: Business Wire)

(Photo: Business Wire)

The primary aim of ACE’s Risk Engineering Services is to help clients manage their risks effectively. The company benchmarks its standards against international risk management and loss prevention levels; research data and actual loss histories.

With these objectives in mind, Mr. Rai Navakas, Head of Risk Engineering operations for ACE Asia Pacific spoke on the topic Risk Engineering – Are You Ready For What Today May Bring’ in a recent podcast which provided an overview on Risk Engineering and what it involves.

According to Mr. Navakas, “ACE’s main offering to our clients is our risk engineering experience, global reach and technical expertise.

We recently launched the ‘AAA Risk Capture and Reporting System’ where we help our clients to identify potential risks and provide them with risk guidance and solutions to reduce or eliminate these threats. This is an integral part of our commitment to our valued clients.”

Rai is currently the Head of Risk Engineering operations for the region and is based in Sydney. He has over 27 years of engineering experience, mostly in the insurance and risk management industries. Rai has worked with various industries and client groups as diverse as agriculture, food & beverage, mining, education, consumer products, sporting bodies, telecommunications, pharmaceuticals and construction. Listen to his podcast ‘Risk Engineering – Are You Ready For What Today May Bring’.


The ACE Insurance franchise in Asia Pacific comprises an extensive network of operations serving Australia, Hong Kong, Indonesia, Korea, Macau, Malaysia, New Zealand, Philippines, Singapore, Taiwan, Thailand and Vietnam. The franchise offers a diverse range of products, including its core Property & Casualty and Accident & Health lines, as well as its growing Small to Medium Enterprise and Personal Lines businesses. ACE Insurance is part of the ACE Group, one of the world’s largest multiline property and casualty insurers.

Headed by ACE Limited (NYSE: ACE), a component of the S&P 500 stock index, the ACE Group conducts its business on a worldwide basis with operating subsidiaries in more than 53 countries.

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ACE Insurance, ACE Group of Companies and ACE Limited are registered trademarks of ACE Limited.

Michele Anne Minjoot, +65 6398-8708