Members:
At the most basic level, members rely on their pools to secure coverage. Member
needs mirror those of administrators, but from a different perspective. Members can
access RiskConsole, provided by administrators as a value-added feature, in these
important areas:
1. Entering and updating exposures: RiskConsole empowers members to
communicate their exposure to the pool efficiently and accurately, whether
detailed information on a property exposure or summary information for workers'
compensation coverage.
2. Receiving and processing invoices: RiskConsole streamlines member receipt of
contribution statements (the member cost of transferring the risk) from the pool
administrator.
3. Requesting certificates: Through RiskConsole, members can enter certificates
of coverage criteria for incoming certificates as well as request certificates of
coverage from the pool administrator.
4. Reporting claims: For members actively involved in monitoring claims and
working with TPAs on those claims, RiskConsole helps members track the
financials of a claim as it pierces the different levels of financial responsibility.
5. Participating in loss-control initiatives: For members participating in safety
and loss-control initiatives, RiskConsole is an efficient conduit for managing these
mutually beneficial programs.
HOW RISKCONSOLE CAN HELP
