THE DEFINITIVE GUIDE TO A RISK MANAGEMENT INFORMATION SYSTEM 7
One of the biggest benefits of an RMIS is the ability to build interactive
reports that organize and interpret all your risk and insurance data.
The result is a snapshot view that will enable:
• Better strategic decision making and allocation of financial and
human capital.
• Actively promoting safety and loss control and delivering a consistent
risk culture.
• Optimizing risk transfer costs.
• Better managing of retained risks and captive management.
• Measuring progress towards risk management goals.
MAKE INFORMED DECISIONS ABOUT HOW TO LOWER YOUR TOTAL
COST OF INSURABLE RISK (TCOR)
Reduce
administrative
burdens
Mitigate
losses
Lower your Total
Cost of Insurable
Risk (TCOR)
Improve data
accuracy
"The improvement
of the entire process,
permitted by RiskConsole,
is quantifiable in a 15%
improvement in the
number of claims closed
within a reasonable time."
— PARMALAT
