ACE Risk Management Enhances ACE Accelerator, A Solution for Documentation of Uninsured and Underinsured Motorists Coverage

  ACE Risk Management Enhances ACE Accelerator, A Solution for Documentation
  of Uninsured and Underinsured Motorists Coverage

 New Electronic Signature Capability Further Streamlines ACE’s Award-winning
                             Technology Solution

Business Wire

PHILADELPHIA -- September 3, 2013

ACE Risk Management®, the primary casualty division of ACE USA, today
announced that it has enhanced its award winning ACE Accelerator^SM program,
which allows users to electronically sign their state UM/UIM coverage election
forms. Introduced in 2012, this interactive web-based portal was designed
exclusively for ACE Risk Management (ARM) clients and brokers to streamline
the completion of UM/UIM coverage election forms.

Since its introduction, ACE Accelerator users have hailed the system for its
ease of use and impressive functionality that allows for quick review and
completion of all the forms needed for their UM/UIM coverage elections. When
first introduced to the program, ACE Risk Management clients were quick to
embrace the technology because it simplified a once-cumbersome and time
consuming process. The enhanced electronic signature functionality virtually
eliminates all manual aspects of the process. Through the use of technology,
it is possible for ACE Risk Management clients to complete a task in minutes
that previously took days.

“ACE Risk Management is excited to release this new enhancement of ACE
Accelerator,” said Matt Merna, Division President of ACE Risk Management. “Our
users remain enthusiastic about the technology advances we employ to help
streamline the various challenges they encounter on any given day. It’s truly
a comprehensive solution and one that will assist them in their overall
efforts to effectively manage their risk management programs now and for years
to come.”

Gary Kramer, Vice President, ACE Risk Management added, “At ACE, we
continually look for ways to improve and create value for our clients. When
looking at the UM/UIM coverage election process, we listened to our clients
and brokers and developed a technology that ensures regulatory compliance and
contract certainty, while streamlining a once tedious and cumbersome process.”
With just one click of a button, ACE Risk Management clients will be able to
electronically sign the various UM/UIM forms for every state.

Long known for providing high levels of customized service, the ARM team was
pleased to respond to this unmet need for easing the process of meeting state
regulatory requirements. Remarked Mr. Kramer, “We were eager to develop a
technology solution for electronic signature, which is the feature most
requested by our clients. We are thrilled that ACE Accelerator has been so
well received. With the electronic signature enhancement, ACE Accelerator is
now a fully integrated, fully electronic service resource.”

To learn more about ACE Accelerator, contact Gary Kramer at 215-640-2392 or
Gary.Kramer@acegroup.com or visit our website.

ACE USA is the U.S.-based retail operating division of the ACE Group, and is
rated A+ (Superior) by A.M. Best Company and AA- (Very Strong) by Standard &
Poor’s. ACE USA, through its underwriting companies, provides insurance
products and services throughout the U.S. Additional information on ACE USA
and its products and services can be found at www.aceusa.com. 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

Contact:

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