ACE Safeguards Against Fraud - Analyst Blog
May 16 2012 - 11:21AM
Zacks
In an effort to safeguard its customers against identity fraud,
ACE Private Risk Services, a subsidiary of ACE
Limited (ACE) collaborated with ID Resolution, LLC to
provide free-of-cost personal identity protection services to its
customers. The newly launched service will complement its personal
insurance program, the identity fraud expense coverage, that is a
part of the ACE Platinum Portfolio.
As per the deal with ID Resolution, the customers of ACE will
have access to many additional services including social media
monitoring, online reputation management, triple-bureau credit
reporting, document recovery and fraud resolution. Also, the
company’s social network monitoring program will protect customers
from all sorts of cyber deceptions and provide periodical updates
about alteration in privacy policies and other data standards.
Experts within online reputation management will assist the
clients of ACE to remove any risky information posted on the web.
ACE clients will also receive expert guidance on account of loss of
any important document at the time of traveling. They are also
entitled to receiving similar benefits at times of robbery or any
natural calamity, wherein experts will help them in procuring lost
documents.
ID Resolution will offer competent services to tackle frauds to
the customers of ACE Private Risk Services. The fraud specialists
will directly deal with the respective regulatory body to handle
all cases of identity fraud.
By offering these services, ACE seeks to enhance its service
offerings and help serve its customers better.
ACE currently retains a Zacks #3 Rank, which translates into a
short-term Hold rating. We also maintain a long term Neutral
recommendation on the shares. It competes with The
Travelers Companies (TRV).
ACE LIMITED (ACE): Free Stock Analysis Report
TRAVELERS COS (TRV): Free Stock Analysis Report
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