Risk Management Information Solution Overview (RMIS)
RiskPartner’s RMIS solution offers a comprehensive way to manage exposure data, policy information, and claims data.
Through the aggregation of these data sets, insurance and risk professionals can make decisions based on clear, accurate, and timely information.
The base product provides the ability to manage:
Exposure Data
Track all exposure types: Property, Equipment, Fine Art, Furniture, Fleet, and Personnel.
Policy Data
Maintain policy, binder, endorsement, submission, and broker/carrier communications in one central repository.
Claims Reporting and Analytics
Analyze and report claims data in a meaningful and powerful way by easily integrating data feeds from TPAs and/or carriers.
Risk Management Information Solution (RMIS)
RiskPartner’s RMIS solution provides insurance and risk professionals with the analytical tools necessary for making the informed decisions their organizations are demanding.
Information that will lower their organization’s total cost of risk (TCOR) by driving short-term profitability and increasing long-term organizational value. Utilizing this powerful solution, organizations can instantaneously cross-examine risk and insurance information by consolidating data into a single, comprehensive database.
The solution’s integrated data promotes greater business intelligence by providing insight into the total cost of risk, benchmarking, and risk profiles.
It also significantly reduces the complexities of renewal processes. RiskPartner effectively replaces the traditional process of manual data collection and dependence on spreadsheets through digitized data collection and questionnaires to help them simplify the insurance renewal process. This, in turn, reduces time required and errors associated with renewal.
Written utilizing Microsoft® .NET technology, RiskPartner’s solutions are some of the most technologically advanced software products in the world.
With unmatched security, RiskPartner solutions are offered as a Subscription Service (SaaS). These products provide all the benefits of a truly robust and scalable solution that is easily accessible via the Internet through any standard web browser – 24 hours a day, 7 days a week.
RiskPartner’s RMIS has a variety of features that provideorganizations with the ability to efficiently and effectively manage their riskand insurance information on an enterprise-wide basis.
Features and benefits:
Access to accurate and reliable data
Standardized and automated workflow processes
Consolidated risk and insurance information in a single central repository
Easy manageability of critical information for analysis and extraction of actionable insight
Simplified portal for data collection
Ability to load data in multiple formats
Advanced security
Personalized dashboards that provide relevant real-time information
On-demand reporting
Ability to automatically schedule and distribute reports
Simplified interfacing with third-party systems
Comprehensive help and tutorials
Hosted data with full back-up (Software as a Service)
Optional Modules and Interfaces
The RiskPartner Portal provides simplified web-based access to the following modules and interfaces for users who need limited access to perform specific functions. The highly configurable nature of the product ensures on-demand, cost-efficient scalability.
01: Data Collection
02: Renewal Quesionnaires
03: Inspection Management
04: Incident Management
05: Fleet Management
06: Personnel Management
07: Premium Allocation
08: GIS Interface
Reports & Monitoring Tools (KPIs)
The need to operate and manage an organization with knowledge, insight, and confidence has never been greater.
With any software solution, organizations invest time and energy in accumulating accurate and relevant data. The result of this investment is the ability to make informed decisions based on clear and accurate information.
RiskPartner prides itself on providing the analytical tools in the form of reports, graphs, and monitoring tools that will assist your organization in making informed and effective decisions. These tools allow better utilization of your valuable time for analysis and strategic planning. Consider how much further you could take your organization if you spent only a fraction of your time collecting and formatting data.
RiskPartner provides a comprehensive set of reports that presents you with the critical metrics for operating and managing your organization with knowledge, insight, and confidence.
RiskPartner’s Report Manager and Report Writer can easily generate reports on screen, send them to a printer, email them, download them as Microsoft Excel files, or save them in formats such as HTML, images, and PDF. The RiskPartner Report Manager provides more than 250 pre-formatted reports that are ready to run right out of the box. Additionally, you can create reports for your organization’s specific needs or to meet mandatory requirements for various agencies by easily copying and modifying the pre-formatted reports provided in the Report Manager.
RiskPartner’s Executive Dashboard is a dynamic tool that furnishes decision makers with real-time access to the critical information necessary to make timely, data-driven decisions.
Easily see the data that is important to you and your role within the organization. These configurable screens display numerous Key Performance Indicators (KPIs) in various formats including tables, charts, graphs, and digital gauges.
These dashboards have been built by RiskPartner (based on specific roles within the organization), or you can start from scratch and create fully personalized dashboards. Access to this real-time data will provide the knowledge, insight, and confidence necessary to make better, more informed decisions related to your risk and insurance program. And, with built-in automatic alarms, users will be kept fully informed when items move outside their thresholds – providing the opportunity to take immediate action.
Features and benefits:
Deliver actionable information to individuals who can most effectively impact change, facilitating critical analysis and data-driven decision making
Utilize four different display formats: digital gauges, bar graphs, digital read-outs, and pie charts
Provide information to users so they have the ability to quickly respond to opportunities as well as identify and mitigate potential problems
Display relevant information based only on the user’s role in the organization
Visually monitor KPI status with color-coded displays
Set goals around metrics and align personnel with your organization’s strategic goals
Reflect the true state of operations in real-time
Set user-defined targets for each KPI
Alert users with automatic email messages
Empower end-users by providing them with the ability to easily create KPI displays
Access data across multiple business units/departments within your organization
Achieve easy adoption among managers and their teams with this intuitive tool
Measure self-improvement and perform self-assessments with KPIs
Create user-defined thresholds for caution and alert ranges
Monitor status of KPIs in real time or as a scheduled update
Share or restrict access to KPIs with other users throughout your organization
External Integration and RiskPartner SaaS
RiskPartner’s robust platform APIs and open architecture give users ultimate flexibility and security to integrate RiskPartner’s data with other systems enabling bi-directional data interchange.
APIs are a seamless way for two software programs to communicate using specific web protocols and standards to connect over a network. Create custom integration workflows with Third Party systems or your own internal integrations, choosing the data you retrieve, and submitting data through the RiskPartner API, all while respecting overall data integrity.
Risk Management Information System for Pools Administration
With an intuitive and comprehensive dashboard, enterprises can track insurance, loss data and address loss control issues well in advance of renewal.
Quickly find all your individual member’s data in one aggregated solution for greater efficiency in managing your Pool. Call RiskPartner to learn more and find out why the RiskParter solution is the tool of choice for Pools.
Features and benefits:
Easily view and aggregate insurance data within your Pool.
Quickly collect data updates from members to rapidly create schedules of values.
Allocate premiums by line of coverage and generate member invoices.
Have 24/7 access to your detailed and collective member data.
Track detailed insurance and loss data and address necessary loss control issues in advance of your renewal.
Provide board and member level reporting via dashboards and reports.
