ACE Risk Management, a casualty division of ACE USA, has updated its interactive web-based portal ACE Accelerator to allow users to electronically sign their state UM/UIM coverage election forms.

Introduced in 2012, the portal was designed only for ACE Risk Management (ARM) clients and brokers to easily fill their UM/UIM coverage election forms.

The enhanced functionality now allows clients to complete the task in minutes.

ACE Risk Management division president Matt Merna said ACE Risk Management is excited to release this new enhancement of ACE Accelerator.

"Our users remain enthusiastic about the technology advances we employ to help streamline the various challenges they encounter on any given day. It’s truly a comprehensive solution and one that will assist them in their overall efforts to effectively manage their risk management programs now and for years to come," Merna added.

ACE Risk Management vice president Gary Kramer said at ACE, they continually look for ways to improve and create value for their clients.

"When looking at the UM/UIM coverage election process, we listened to our clients and brokers and developed a technology that ensures regulatory compliance and contract certainty, while streamlining a once tedious and cumbersome process," Kramer added.