News Releases

ACE Global Engineering Network Launches Industry Fact Sheets
Oct 30, 2010

LONDON--(BUSINESS WIRE)--The ACE Global Engineering Network (AGEN) has launched 12 fact sheets for its clients which provide an in-depth analysis of property risk management issues facing a range of industries - from leisure to printing and metalworking.

Based on the ACE engineers’ experience of working with organisations across the globe, the fact sheets provide an overview of special hazards associated with each sector, industry trends, loss information and property loss prevention recommendations. There is also a specific fact sheet which looks in detail at supply chain risk issues.

For each industry profiled, AGEN has taken its experience in conducting property risk assessments in various occupancies and compiled the data to provide an industry benchmarking chart in each fact sheet. These charts show the industry average rating for each of the 21 categories typically reviewed during a survey. This data was collected over a five year period and each one demonstrates a unique insight into the standards of risk management across each industry, enabling Risk Managers to benchmark locations in relation to the average industry practice.

The charts also highlight industry strengths and weaknesses in particular areas and these provide points for further risk management assessment and possible improvement. For example in most industries there is an evident weakness in the category of sprinklers whose rating falls well below other category ratings.

The AGEN fact sheets are available to ACE clients and one is profiled each month on the AGEN website:www.aceagen.com

Notes to Editors:

The fact sheets are:

  • Education
  • Electronics
  • Food & beverage
  • Healthcare
  • Hotels
  • Leisure & entertainment
  • Metalworking
  • Print
  • Real estate
  • Retail
  • Supply chain
  • Telecommunications

ACE Global Engineering Network

The ACE Global Engineering Network creates strong, long term relationships with clients, focusing on cost effective and proficient solutions to their risk management challenges.

Through their in depth loss prevention training backgrounds and industry expertise, ACE engineers are experienced in evaluating a wide variety of risks and complexity of exposures. Industry expertise includes telecommunications, electronics, food and beverage, pulp and paper, printing, healthcare, chemical manufacturing and manufacturing risks.

Our specialist team is driven by account and field engineers delivering high quality and effective loss prevention services. We have engineers in key strategic locations around the world who are familiar with international standards as well as local codes and work practices. This proves invaluable in helping clients establish and maintain operations in traditional and emerging markets.

For further information please go to: www.aceagen.com

About ACE

Celebrating 25 years of insuring progress, the ACE Group is 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. Additional information can be found at: www.acegroup.com.

Contact:

Concise Public Relations
Alex Wise
+44-(0)20-7100-3960
alex@concisepr.com
or
ACE Communications Manager
Katie Weeks
+44-(0)207-173-7585
katie.weeks@acegroup.com