Joining the list of insurers leveraging the industry-leading loss
control tablet solution
TORONTO, Jan. 17, 2012 /CNW/ - Risk Control Technologies Inc., the
industry-leading provider of loss control software solutions for
insurers, today announced that Uniondale, New York-based Wright Risk
Management ("WRM") has selected the RC Inspection software solution to
streamline its loss control operations.
WRM was seeking a technology solution to automate its manual processes
surrounding the loss control survey process, including inspection
assignment, routing, field data collection and management reporting.
"We selected Risk Control Technologies because of their strong track
record in the industry working with leading insurers," said Bob
Bambino, Senior Vice President of WRM, "in addition, RC Inspection was
the best product we reviewed. We have high expectations for the
WRM specializes in providing insurance solutions for both public and
private sector entities, and plans to outfit its field risk control
representatives with tablets, which will be loaded with the RC
Inspection field application for field data collection. This will
allow the field reps to collect risk data, photos, recommendations and
diagrams in the field, even in locations without wireless broadband
connections. Once data is collected in the field, data is then
uploaded into a central database which allows underwriters to utilize
the information in making underwriting decisions. This central data
repository also offers data mining and reporting capabilities which
have traditionally been unavailable in the paper-based loss control
environment in which most insurers operate.
"Initially, WRM was seeking a solution to bolster productivity in the
field" said David Hanley of Risk Control Technologies, "but once they
began to see the benefits to other stakeholders in the organization
from a data-mining and decision-making perspective, it was simply icing
on the cake."
Due to the configurable nature of the RC Inspection solution, WRM has an
aggressive, yet achievable implementation schedule of only 2 months.
The solution will be delivered on a Software-as-a-Service (SaaS) basis
by Risk Control Technologies, leveraging cloud technologies.
About Risk Control Technologies Inc.
Risk Control Technologies Inc. uses leading-edge technology to simplify
what are traditionally horribly onerous, paper-based processes in the
insurance industry. Today, the loss control solution developed by Risk
Control Technologies is used by leading insurers throughout North
America. For more information, visit www.riskcontroltech.com.
About Wright Risk Management
Wright Risk Management, LLC designs and supervises comprehensive fully
insured and self-insured risk financing and risk management programs
for educational and municipal entities. The company specializes in
general & professional liability, commercial property, commercial
automobile, commercial crime, excess catastrophe liability and workers'
compensation - all the exposure and liability areas that confront
entities in the public and private sector. For more information, visit
SOURCE Risk Control Technologies Inc.
For further information:
David Da Costa
Risk Control Technologies Inc.
(416) 900-6658 ext. 316