PHILADELPHIA - December 23, 2002 - ACE Property Engineering, an operating division of the ACE Group of Companies (NYSE: ACE), announced today it has contracted with Praeses Corporation, a proprietary applications management company, to utilize its web-enabled Jurisdiction Online application. Praeses Corporation will submit and track all appropriate information associated with inspecting jurisdictional regulated boilers and pressure vessels for ACE USA Property Engineering clients using its web-enabled electronic interface - Jurisdiction Online.
"This agreement is a significant step for ACE in the United States. We will now enjoy the benefits of a single and consistent electronic web-enabled interface that will enable our machinery engineers to focus more energy on delivering high quality service to our customers," explained Michael Schmidt, vice president, ACE Property Engineering. "An important component of ACE's mission statement is to continually look for ways to add value for our clients. Further enhancements such as a customer portal and account level reporting are planned over the next 6 months to further enhance our ability to serve our clients."
Frank Auer, CEO, Praeses said, "ACE Property Engineering performs extremely valuable jurisdictional services for its customers. Our objective is to help facilitate the reporting of those services to the governmental agencies that are responsible for the safety of their communities. Jurisdiction Online is the tool that helps manage the individual jurisdictional reporting process more effectively."
ACE Property Engineering helps keep its customers assets safe by providing customized risk assessment services. We deliver full-service consultative machinery and fire protection services through an engineering network in the U.S. and internationally. By working closely with our customers, we create tailored service plans focused on improving risk.
For more information, contact Michael Schmidt, vice president, ACE Property Engineering at 215.640.1380.
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Praeses Corporation is a proprietary applications management company specializing in delivering and managing applications that can be utilized to improve business processes for its clients. More information about Praeses can be found by visiting their website at: www.praeses.com.
ACE USA, headquartered in Philadelphia, is the U.S.-based operating division of the ACE Group of Companies, headed by ACE Limited (NYSE: ACE). ACE USA provides insurance products and services through the U.S. operating subsidiaries. ACE USA is rated "A" (Excellent) by A.M. Best and "A+" (Strong) by Standard & Poor's. The ACE Group of Companies provides insurance and reinsurance for a diverse group of clients around the world. Additional information can be found at: www.ace-ina.com.