ACE Utilizes Praeses 'Jurisdiction Online' to Enhance Client Service.Business Editors PHILADELPHIA--(BUSINESS WIRE)--Dec. 23, 2002 ACE Property Engineering, an operating division of the ACE Group of Companies (NYSE NYSE See: New York Stock Exchange :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 Pressure vessel A cylindrical or spherical metal container capable of withstanding pressures exerted by the material enclosed. Pressure vessels are important because many liquids and gases must be stored under high pressure. 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 United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . 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 Michael Schmidt can refer to:
adj. 1. Recurring regularly or frequently: the continual need to pay the mortgage. 2. 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 (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , 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. 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 An operating subsidiary is a business term frequently used within the United States railroad industry. In the case of a railroad, it refers to a company that is a subsidiary but operates with its own identity and rolling stock. . 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 The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract. for a diverse group of clients around the world. Additional information can be found at: www.ace-ina.com. |
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