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Insurer launches risk management portal with cloud apps

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Philadelphia Insurance Cos. and the Nonprofit Risk Management Center have teamed up to launch the PHLY Risk Management Portal for nonprofit and for-profit policyholders.

Hosted by the Leesburg, Virginia-based Nonprofit Risk Management Center, the portal offers access to three cloud applications, Bala Cynwyd, Philadelphia-based PHLY said Monday in a statement.

The cloud applications include assessments that self-evaluate risks such as contracts, harm to clients, employment practices, special events and other issues. The risk management plan focuses on financial management and allows users to upload a plan. My Risk Management Policies allow users to create policies with template options.

The PHLY Risk Management Portal is free for PHLY policyholders, according to the statement.

“Nonprofit organizations have unique risks, and the new Risk Management Portal is specifically designed to help identify and create risk management practices around those exposures,” said Mark Konchan, vice president of risk management services at PHLY.