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Press release from Business Wire

New ACE White Paper Discusses New Regulations Impacting Fleet Safety

Tuesday, July 09, 2013

New ACE White Paper Discusses New Regulations Impacting Fleet Safety

17:06 EDT Tuesday, July 09, 2013

PHILADELPHIA (Business Wire) -- ACE USA, the U.S.-based retail operations of the ACE Group, today announced the release of a white paper discussing critical issues within the trucking industry as companies seek to comply with a tough new federal program aimed at reducing crashes and improving safety records. The paper provides details to increase companies' understanding of the overall impact of the regulations. Further, the paper suggests steps that companies can take to integrate the new regulations into their operations to fulfill the requirements set forth.

“The industry's concern about fleet safety and the Federal Motor Carrier Safety Administration's (FMCSA) program is reflected in the results of a survey of more than 4,000 trucking industry executives who identified the program as among the ten most critical issues they face,” said David Brown, Vice President and Transportation Practice Leader for ACE Risk Management. “Federal safety programs were originally launched in the 1990s. These recent changes, however, mean fleet safety has taken on a new level of urgency as executives work to understand the new regulations and how it will impact their business.”

“Fleet Safety: Understanding New Regulations,” was authored by Jack Scarborough, Senior Health, Safety and Environmental Consultant at ESIS, Inc., the risk management services division of the ACE Group. As a leader in his field, Mr. Scarborough has been instrumental in the development of the FMCSA Safety and Fitness Electronic Records (SAFER) system. Mr. Scarborough leverages his 20 years' experience in large fleet management to address emerging industry concerns in the context of fleet safety and the FMCSA safety monitoring and measuring program.

In his paper, Mr. Scarborough noted that while many of the original requirements have remained unchanged, the process set forth by the FMCSA SAFER system has been re-engineered to provide a better view into how well large commercial motor vehicle carriers and drivers are complying with safety rules. Mr. Scarborough remarked, “These evolving regulatory measures put additional pressure on commercial motor vehicle carriers to reduce safety violations.”

The paper shares links to materials provided by the FMCSA and explains that to most effectively implement the new standards, companies should work with experienced fleet consultants who focus on the FMCSA program requirements to support them in their efforts to identify risks and implement solutions. Said Mr. Scarborough, “This is a great opportunity. Companies can reduce their operating risk and, at the same time, strengthen their safety records.”

As part of a thorough risk management program, companies should partner with an insurance carrier and risk control consultants specializing in the transportation industry. ACE Risk Management and ESIS Health, Safety and Environmental meet the qualifications and provide a range of benefits, including:

  • Primary casualty underwriting expertise with transportation industry specialization
  • Experienced HSE consultants and a broad range of products
  • Deep understanding of the applicable regulations
  • Customized program development with the ability to identify issues and develop customized solutions
  • Financial strength and an excellent reputation

Access the report at Fleet Safety: Understanding New Regulations. The material presented in this report is not intended to provide legal or other expert advice. It is presented as informational only. Readers should consult legal counsel or other experts, as applicable, with any specific questions they may have.

ESIS Health, Safety, and Environmental Services (ESIS HSE) is part of ESIS®, Inc., (ESIS), one of the industry's oldest and largest risk management services companies. ESIS HSE is dedicated to working with clients to prevent injury to people, liability to organizations, and damage to property. Our loss prevention specialists continue to develop as industry leaders through training, experience, and research.

ACE Risk Management, a division of ACE USA, offers comprehensive risk management programs and services that are uniquely designed and customized to assist companies in any industry dealing with the significant costs of financing and managing risks. To learn more about ACE Risk Management's products and services, please visit our website. Insurance is provided by insurance companies within the ACE Group. All products may not be available in all jurisdictions. The product information above is a summary only. The insurance policy actually issued contains the terms and limits of the contract.

ESIS®, Inc. (ESIS) is part of the ACE Group, providing claim and risk management services to a wide variety of commercial clients. Insurance provided by insurers within the ACE Group. The product information contained herein is a summary only. ESIS Health, Safety, and Environmental Services (ESIS HSE) may be sold directly to ESIS' clients or as part of insurance underwriting. Risk control activities conducted on behalf of the insurer are not intended as a direct benefit or service to ACE.

The ACE Group is one of the world's largest multiline property and casualty insurers. With operations in 53 countries, ACE provides commercial and personal property and casualty insurance, personal accident supplemental health insurance, reinsurance, and life insurance to a diverse group of clients. ACE Limited, the parent company of the ACE Group, is listed on the New York Stock Exchange (NYSE: ACE) and is a component of the S&P 500 index. Additional information can be found at: www.acegroup.com .

ACE North America Communications
Carla Ferrara, 215-640-4744
carla.ferrara@acegroup.com

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