Play-by-play techniques for the agile risk professional currently fielding a spreadsheet-based roster
Published on Wed, 04/10/2023 - 10:05
When deciding on whether to invest in a RMIS or to keep grinding risk and insurance information in Excel, risk professionals need to ultimately consider the speed and accuracy with which they can manoeuvre within their risk, claims, and insurance processes.
Still using the spreadsheets offence to collect, analyse, and report on risk, claims, and insurance data?
Automated Values Collection & Exposures
Objective: This play is designed to collect accurate exposure values for each location in a timely manner with the least impact to internal stakeholders then efficiently provide that data to the broker or insurance carrier.
Objective: This play is designed to streamline renewals and policy management year-round, making charting your programs, modelling prospective programs, projecting cash-flow impact of retention options, and benchmarking coverage more seamless.