New product integrates ESIS' risk control expertise with real-time risk reporting and management across multiple sites
PHILADELPHIA - July 6, 2004 - ESIS, Inc., the risk management services arm of ACE USA, today announced the launch of ESIS e-risk Manager
SM, a fully-integrated, web-based enterprise risk management system. It enables businesses to improve their risk identification and oversight of compliance with internal and external risk management standards. ESIS e-risk Manager integrates ESIS' risk management systems, information services, consulting services and risk control expertise to provide a comprehensive global risk management tool.
ESIS e-risk Manager can be configured to help companies of any size and structure reduce costs associated with their risk management, control and compliance. It is particularly helpful to multi-site organizations to maintain control and compliance for remote locations. The system operates on a global platform that integrates data from multi-site operations wherever they are located and provides for up-to-date monitoring of compliance with internal protocols and local government regulations. Its web-based approach provides a consistent application across sites and exposures, and allows easy access to enterprise-wide risk management data, including non-compliance issues from anywhere in the world.
"With ESIS e-risk Manager's reach, we can help businesses monitor and manage their risks and compliance on an enterprise-wide basis, providing them an accurate and comprehensive level of control. Clients will also benefit from ESIS' extensive risk management expertise and access to ACE's global network of risk and insurance services," said Edward G. Troy, President, ESIS. "In today's environment of heightened focus on internal controls and boardroom accountability, driven in part by the Sarbanes-Oxley Act, ESIS e-risk Manager will help companies to effectively demonstrate the extent and efficacy of their internal risk management processes."
"ESIS e-risk Manager puts clients in control, helping them to achieve more effective risk management across their organization," said John Ingram, Vice President of ESIS Risk Control Services. "By taking advantage of this state-of-the-art, integrated system, businesses anywhere in the world can quickly and easily identify and manage their risk exposures, which will in turn help to mitigate risk and provide benefits to the bottom line."
For more information on ESIS e-risk Manager, please contact John Ingram at 215 640-1362 or john.ingram@esis.com.
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Organized in 1953, ESIS, Inc. (ESIS) provides sophisticated risk management services designed to reduce claims frequency and loss costs. ESIS' Risk Management Information, Risk Control and Claims services can be used individually or collectively as part of a risk management program. ESIS is part of ACE USA, a U.S-based retail operating division of The ACE Group of Companies, headed by ACE Limited (NYSE: ACE). ACE USA, through its underwriting companies, provides insurance products and services throughout the U.S. Additional information about ESIS, Inc. and its products and services can be found at www.esis.com. The ACE Group of Companies provides insurance and reinsurance for a diverse group of clients around the world.