4
1. Overcome staffing limitations. Risk executives often lack the staff necessary
to pull information from their brokers, claims handlers and internal teams such
as treasury, accounting and human resources. RiskConsole Express breaks
down information siloes by delivering a central repository of claim, risk and
insurance data.
2. Ease the pain of the renewal process. Compiling all the data insurers need
during the renewal process can be a significant challenge for the risk
executive responsible for renewal and submissions. The RiskConsole Express
data-import utility helps companies overcome staffing limitations by easily
bringing all claim, risk and insurance data into a central repository.
3. Negotiate premiums and terms of coverage more effectively. RiskConsole
Express empowers risk executives with useful and meaningful data points that
improve their negotiating position in the insurance market, thus justifying
lower premiums and/or better terms of coverage. By telling the markets the
story the company chooses—backed up by accurate and comprehensive
data—negotiations with insurers go faster and yield better results.
Today's Risk and Insurance Challenges and Opportunities
HOW RISKCONSOLE EXPRESS CAN HELP
4