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McKay. "We manually create reports, and it
may take several generations before we arrive
at a report that makes sense."
"As an organization, we ask a lot of
questions," said McKay. "We make an inquiry,
learn a little, and then start to ask more
questions. It's difficult to go through this
process using spreadsheets. RiskConsole with
its ad hoc reporting will help us arrive at
answers and better questions sooner."
dIggIng deeper for a BIgger Impact
"RiskConsole will be a tremendous tool in
helping us fine-tune the process of turning data
into information and to more effectively share
this information with our stakeholders," said
Jenkins. "If we can dig deeper into our data,
we'll be able to help our JPA members prevent
injuries and keep money in the classrooms."
"The average cost of a workers'
compensation indemnity claim in California
is more than $65,000," Jenkins explained.
"For school districts, this translates into
annual funding for 10 students. RiskConsole
can easily pay for itself if we're able to prevent
claims using data from this system."
"Together, iVOS and RiskConsole give us
the additional tools we need to achieve our
claims and risk management objectives," said
McKay. "In addition to partnering with our
members in their loss prevention efforts, we
can identify claim trends and evolving
exposures. This information is critical to
controlling those exposures and developing
more effective responses to an ever-changing
risk environment."
"These claims administration and analytic
tools working in a complementary manner
help to identify significant cost drivers within
our current system. By using these tools
constructively, we can enhance service to our
members and provide much needed support
to our stakeholders and California state
legislators," concluded McKay.
ricK JenKins (left), it suPervisor, and Paul
MccKay, director of finance and oPerations,
schools insurance authority
"Technology helps us
to 'follow the money'
to prevent claims
from occurring, and
when they do occur to
minimize costs."
