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02 July 2012
New York
Reporter Georgina Lavers

ACE update platform with captive tracking

The ACE Group has updated its Worldview platform after suggestion from clients and brokers. The platform, which enables risk managers and their brokers to monitor and manage their multinational insurance programs, now includes captive premium payment tracking for both locally and centrally invoiced multinational insurance programs.

The new captive premium enhancements to Worldview include premium tracking, which allows users to follow the collection of premium payments across ACE's global network, and reinsurance summary, which tracks the status of reinsurance payments to the captive and reinsurance panel.

"We are driven to respond to the needs of our clients and brokers in the multinational insurance market, and captive premium payment tracking represents the third round of investment in the ACE Worldview tool, to be followed by many more," said Tim Benson, senior vice president at ACE Multinational Client Group.

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