ACE Risk Management Receives Eight Buyers Choice Awards from Business Insurance Magazine

Fri Nov 30, 2012 1:26pm EST

* Reuters is not responsible for the content in this press release.

ACE Risk Management Receives Eight Buyers Choice Awards from Business Insurance Magazine

Top Honors Given for Expertise and Client Service

ACE USA, the U.S.-based retail operation of the ACE Group, today announced that ACE Risk Management, the company’s primary casualty division, earned top honors at the 2012 Business Insurance Buyers Choice Awards. The awards recognize companies that buyers of risk management insurance products and services identify as offering high value.

ACE Risk Management is the recipient of eight awards for service and expertise in the categories of commercial auto, liability and workers compensation for large and mid-sized businesses.

To determine the award recipients, Business Insurance worked with an independent research company that conducted a survey of members of the publication’s buyer audience, including those individuals who manage and purchase risk and benefits management products and insurance services. The survey was designed to identify the expertise and service qualities that buyers regard as most valuable in their commercial property insurers, commercial liability insurers, commercial auto insurers, workers' compensation insurers, brokers, and TPAs.

Matt Merna, Division President, ACE Risk Management, accepted the awards on behalf of ACE at the award ceremony recently held in Chicago. He commented, “We’re proud of the ingenuity and responsiveness to risk manager feedback that the ACE Risk Management team has shown in developing products and services that meet the unique needs of our clients. This past year, we launched ACE Accelerator SM, a web-based portal and technology solution for risk managers that allows them to quickly review, execute, and submit all the forms needed to complete the election process for Uninsured/Underinsured motorist coverage. We’re pleased to be recognized for providing this innovative web-based platform which allowed risks managers a more efficient and effective way to complete this complex and time consuming process.”

Chris Maleno, Chief Operating officer of ACE USA commented, “Congratulations to the ACE Risk Management team in receiving this well-deserved recognition, and for their creativity, innovation, and continued high service level commitment to their clients. ACE’s primary casualty division is integral to our business, and we’re proud of the role that ACE Risk Management’s products and services have played in helping our clients achieve their goals.”

To learn more about the Business Insurance 2012 Buyers Choice Awards and ACE’s recognition for services excellent and expertise in Commercial Liability, Commercial Auto, and Workers’ Compensation, please visit www.businessinsurance.com.

ACE Risk Management, part of ACE USA, offers comprehensive risk management programs and services that are uniquely designed and customized to assist companies in any industry dealing with the significant costs of financing and managing risks. To learn more about ACE Risk Management’s products and services, please visit our website.

Insurance is provided by insurance companies within the ACE Group. All products may not be available in all jurisdictions. The product information above is a summary only. The insurance policy actually issued contains the terms and limits of the contract.

ACE USA is the U.S.-based retail operating division of the ACE Group, headed by ACE Limited (NYSE: ACE), and is rated A+ (Superior) by A.M. Best Company and A+ (Strong) by Standard & Poor’s. The ACE Group is one of the world’s largest multiline property and casualty insurers. With operations in 53 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 the 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.

ACE USA
Carla Ferrara
ACE North America Communications
215-640-4744
carla.ferrara@acegroup.com