ACE Risk Management has launched the new web-based risk management portal, Accelerator, for its clients.
ACE Risk Management vice president Gary Kramer said against a backdrop of complex priorities, risk managers are looking for ways to achieve their goals using technologies and operational improvements.
The new solution will enable risk managers to quickly review the Uninsured/Underinsured (UM/UIM) motorists which has economic impact on insureds and insurers, and submit all the forms to support the elections being conducted at all 50 US states and the District of Columbia.
ACE Risk Management division president Matt Merna said the company’s new ACE Accelerator product will help risk managers handle UM/UIM forms with streamlined processes, giving them greater confidence in their ability to meet state requirements.
"The system documents elections so that risk managers can efficiently verify, execute and submit these forms," Merna said.
The portal selects only the documents linked to each coverage situation from among the hundreds that are available for each of the 50 states.
ACE said that the process reduces hours of work by eliminating the time-consuming paperwork for the filing process.