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ABS Consulting Ranked #1 Firm for Largest Property Loss Control Specialists

September 15, 2003

(Houston, TX --) Business Insurance magazine has ranked ABS Consulting #1 on its 2003 listing of the largest property loss control specialists in the United States. Rankings are based on gross revenues from risk management/loss prevention consulting for unbundled properties.

Houston-based ABS Consulting maintains a global network of offices delivering services to industry, finance, government and business, with particular emphasis on Global 500 companies in the process, power, transportation and energy sectors. The firm uses cutting edge science and engineering to analyze business, operational, environmental, and safety risks caused by natural and man-made hazards. Business Insurance, recognized as one of the nation’s leading trade publications reporting on corporate risk, employee benefits and managed health care news, noted that ABS Consulting has more than 1,500 clients worldwide and employs 968 risk management professionals.

“This ranking further underscores our strength in providing risk management and helping our clients mitigate risk to enhance and protect their business assets,” says Frank J. Iarossi, Chairman and CEO, ABS Consulting. “Last year we were named the number one U.S. risk management consultant, and I think that caught some people in the industry by surprise,” he adds. “But not this year. Our risk management diversification strategy has paid off and the name ABS Consulting has become synonymous with risk management.”

According to ABS Consulting President and COO Chris Wiernicki, the ranking as the top property loss control specialist reflects the full spectrum and broad range of risk analysis services the organization offers.

“ABS Consulting is no longer Houston’s best kept secret,” says David Montague, Senior Vice President, Risk Consulting Division, ABS Consulting. “This ranking places us in the company of such organizations as GE Global Asset Protection Services, which is part of General Electric Company.

 


ABSG Consulting Inc., marketing under ABS Consulting, (www.absconsulting.com) provides rational engineering-based solutions that blend state-of-the-art technology with practical loss-control measures and innovative risk-transfer options. Headquartered in Houston, Texas, ABS Consulting is an affiliate of ABS, one of the world's largest providers of classification services to the international marine and offshore industries.

For more information contact:

Rebecca Rieansnider
Senior Marketing Communications Specialist - ABS Consulting
1-281-673-2948 | rrieansnider@absconsulting.com