ACE Recognized by Best`s Review for Innovation:ACE Worldview Portal for Multinational Insurance Program Management Featured in Innovators Showcase

Mon Feb 11, 2013 4:19pm EST

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PHILADELPHIA--(Business Wire)--
The ACE Group today announced that its ACE WorldviewSM Web-based information
portal for risk managers with multinational insurance programs has been
recognized by Best`s Review Magazine`s 2013 Innovators Showcase. ACE Worldview
gives risk managers and their brokers easy access to the core functions they
need to manage their multinational insurance program from their desktop or
laptop computer in real time. Through ACE Worldview, they can see daily program
status updates, obtain copies of local policies and certificates, and access the
ACE Insurance Directory, the proprietary research tool that ACE underwriters and
legal staff use as a point of reference on international compliance and
regulatory issues. 

When combined with the network of ACE`s strategically located global client
executives, its extensive multiline insurance operations in 53 countries, its
network partners in more than 100 additional countries, and its deep expertise
and longstanding experience serving customer needs, ACE Worldview completes the
total package to support clients` management of their global risk programs-and
creates an environment in which risk managers can enjoy a level of confidence
that simply hasn`t been possible before. 

"We`re pleased to be recognized by Best`s Review for our product innovation, and
we`re especially gratified that Worldview has been embraced by ACE`s
multinational customers and their brokers," said Chris Maleno, Chief Operating
Officer, ACE USA. "Our aim in developing ACE Worldview was to assist our clients
in managing their global programs as efficiently and easily as possible. Our
producer and client advisory board members were instrumental in helping us
develop this innovative product. We wish to thank them for their continued
support and feedback and look forward to rolling out the next round of
enhancements to this platform in early 2013." 

Tim Benson, Senior Vice President, ACE Multinational Client Group added,
"Feedback from risk managers and brokers is a key aspect of new product
innovation, and the response we have received from them has been very positive.
Since its launch in 2010, more than 2,500 individuals currently use the system
and more sign on each month. In fact, several risk managers have cited ACE
Worldview as one of the key reasons for moving their multinational programs to
ACE." 

ACE Worldview, which is now in use by nearly 400 multinational clients and their
brokers, is part of ACE`s Global Program Solutions, or ACE GPSSM, capabilities
that together make ACE one of the few insurers that can help companies manage
their worldwide risks and navigate an increasingly complex regulatory landscape.
ACE Worldview has been a great step forward to many risk management processes as
it allows risk managers to track policy issuance, run custom reports, review
status comments, and schedule email alerts as activities occur on their program.
A multinational program can have up to 200 policies, and therefore, having
immediate access to program documentation becomes extremely critical. 

Best`s Review Innovators Showcase profiles novel business concepts among
insurance and reinsurance companies, insurance agencies and brokerages,
wholesalers, claims managers, third-party administrators and alternative market
facilities. A panel of insurance industry experts selected the most innovative
programs to showcase. To read about the ACE Group innovation, please click here.


Since it was launched in 2010, the ACE Group has introduced several enhancements
to ACE Worldview, including captive premium tracking features. Future
enhancements to ACE Worldview will provide risk managers, brokers and users with
even more innovation and functionality. 

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



Copyright Business Wire 2013

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