PHILADELPHIA, Pennsylvania - March 31, 2003 - ESIS, Inc., the risk management services arm of ACE USA, will introduce its new Global RiskAdvantage(SM) product at the 2003 Risk & Insurance Management Society (RIMS) conference in Chicago, Illinois, April 6 - 10, 2003. Demonstrations of Global RiskAdvantage will be available at the ACE USA booth, booth #1045, at the RIMS conference. Building on the success of ESIS' RiskAdvantage(SM) product, ESIS' Global RiskAdvantage product is a cutting-edge risk management system for both domestic and international programs.
"Speed and flexibility are essential ingredients of a solid risk management information system foundation," said Debbie Johnson, assistant vice president for RiskAdvantage at ESIS. "With ESIS' Global RiskAdvantage product, users around the world will be able to access their loss information and create a wide range of reports and queries through this enhanced web-based tool. Global RiskAdvantage's integrated features can reduce time spent compiling data and help risk managers focus on analyzing and implementing risk control, risk financing and other cost control measures."
RiskAdvantage incorporates carrier data and clients' internal claim data to create a combined reporting and analysis system. Its wide range of reports and queries enables risk managers to identify their best and worst locations in terms of frequency and cost of claims. Using this information, risk managers can focus on the causes, hazards and injuries associated with those claims.
Global RiskAdvantage features many powerful enhancements, such as:
- Global capacity, including the ability to sort and subtotal claims by country of origin or booking country and the capability to request financial fields in local currencies;
- Integrated disability information, claim notes and reporting capabilities for customers who contract with ESIS to manage their short-term and long-term disability claims, including the ability to sort by diagnostic codes, payments, advice to pay and other data elements;
- Report scheduling, which enables customers to set up automatic electronic delivery of reports to brokers, internal users or other parties on a prearranged basis;
- Built-in trigger notification, which will automatically notify clients of unusual activity in their claim file via email, PDAs or pagers;
- Customized catastrophe reports, providing an early warning system for potentially serious and costly injuries;
- A redesigned site, featuring streamlined data elements and improved navigation.
"Understanding risk managers' needs is an important part of our strategy. ESIS works closely with risk managers to determine what they value in a risk management information system through annual focus groups and ongoing feedback," said Johnson. "Our Global RiskAdvantage product responds to their interest in an integrated, global system that offers customized risk management data and reports."
For more information on Global RiskAdvantage, visit www.riskadvantage.com.
ESIS has been providing risk management information services since 1982. ESIS is recognized by risk managers for its experience, systems integration, knowledge, and outstanding customer service. For more information on ESIS, visit www.esis.com.
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Organized in 1953, ESIS, Inc., (ESIS) provides sophisticated risk management services designed to reduce both claims frequency and loss costs. ESIS' Risk Management Information, Risk Control, and Claim services can be used individually or collectively as part of a risk management program. ESIS is part of ACE USA, headquartered in Philadelphia. ACE USA 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. The ACE Group of Companies provides insurance and reinsurance for a diverse group of clients around the world.