ACE Launches ACE 360 for Trade Credit Clients

Business Wire, Inc.

LONDON--(BUSINESS WIRE)-- ACE announces the recent launch of ACE 360, a web portal which allows clients to monitor and administer their trade credit insurance policies online. This will particularly benefit businesses with multiple policies.

Stuart James, ACE Global Head of Trade Credit (Photo: Business Wire)

ACE 360 has been designed to:

Simplify policy administration
Allow customers to manage their exposures
Provide bespoke management information, including the ACE Grade which denotes the financial strength of suppliers

ACE 360 has been designed to be pragmatic, including the ability to attach documents in Word, Excel or PDF format as a reference in the limit application process, for example. The portal is offered in five languages, allowing global customers to change their profiles with ease.

Stuart James, Global Head of Trade Credit comments: “An interactive web portal is a vital part of the seamless service ACE offers clients and we know it is crucial for ACE’s development as a global Trade Credit insurer. ACE 360 provides excellent reporting functionality, simplicity of use and valuable insight including managing aggregate exposures.’

“When configuring ACE 360, we took the views of clients into account, including their experiences with other systems. We wanted to use the latest technology to provide a simple and valuable tool and we have been encouraged by the initial feedback we have received. I’m pleased to say that the number of clients taking up this new service has already outpaced our expectations.”

-ENDS-

About ACE

ACE is well known for its experience and expertise in catering for medium to large clients worldwide. In the UK & Ireland ACE is structured into two core segments:

The Corporate Risk segment provides property, casualty, accident & health and other specialty insurance products. Target clients are broadly defined as those with turnovers of more than £5m and 50 plus staff with conventional insurance programme requirements.

The Major Risks segment provides property, casualty, accident & health and other specialty insurance products. Major Risks clients are broadly defined as companies with a turnover of greater than £500m and employing a full time global risk manager requiring non-conventional insurance programmes.

ACE UK & Ireland’s five regions are:

·Ireland (Dublin and Belfast) · Scotland (Glasgow) · The North (Leeds, Manchester, Newcastle) · Midlands (Birmingham) · London and South East (London, Maidstone, Reading, Watford)

ACE European Group is part of the ACE Group, a global leader in insurance and reinsurance serving a diverse group of clients. 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 50 countries. ACE’s core operating insurance companies – including ACE European Group.

Limited – hold financial strength ratings of AA- (Very Strong) from Standard & Poor’s and A+ (Superior) from A.M. Best.

Visit www.acegroup.com/uk

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