If you’re like most in risk management, you probably spend hours requesting, consolidating, and analyzing data from multiple sources in hopes of spotting a variance in exposure data or an underlying trend hidden in your claims data.

What’s not to love about that, right? Well…actually a lot.

The problem is, if your head is down, you aren’t looking ahead -> if you aren’t looking ahead, you are probably neglecting the strategic part of risk management -> if you are neglecting strategy, there may be some pretty big consequences.

If only there was a way to get all of the administrative work done AND have the time and the means to develop a thoughtful long-term strategy.

Lucky for you it’s Valentine’s Day and we have a perfect match for you.

Risk Management Information System – Your Perfect Partner

A Risk Management Information System (RMIS) is a software-based, technology platform for collecting, managing, analyzing, and reporting risk, claims, and safety information. It seamlessly integrates people, systems, and claims data from multiple sources for a clear view into your risks. Sophisticated analytics, combined with intuitive and flexible reporting options, allow you to make better decisions, faster. Sound good? The software also is designed around the way you work – and it’s incredibly easy to use. All it takes is a few clicks to analyze your data, identify trends, and discover insights.

Here are 3 reasons you + RMIS are a perfect match:

1. Easy Data Consolidation. Seamlessly collect and integrate data from the stakeholders and systems in your risk ecosystem (carriers, third-party administrators, vendors, brokers, employees, etc.). All data is consolidated for a single view into your risk, safety, and claims information.

2. More Time to Identify Insights. Automate and streamline risk management processes such as renewals, claims management, policy management, incident management, root cause analyses, premium allocations, and more. RMIS puts you in control so you can spend less time consolidating data and more time analyzing and identifying insights.

3. One-Click Reporting. Reporting and analytic capabilities in the modern day RMIS combines powerful analytics with intuitive and flexible report design tools to help you make better decisions around your risk, safety, and claims data. You can explore your data, proactively answer questions, and uncover trends faster than ever before.

Ready to partner up this Valentine’s Day and see how a RMIS can help you conquer all of your risk management challenges? Check out our Complete Guide to RMIS.


Guide to RMIS