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DIRECTORY OF RISK MANAGEMENT INFORMATION SYSTEMS (M,N)

Posted On: Nov. 30, 1997 12:00 AM CST

M
MBA Inc.
36 Midvale Road, Suite 1G, Mountain Lakes, N.J. 07046-1330; 973-335-6423; fax: 973-335-9665
Risk management systems since: 1988.
Software products:
Customized systems.
System requirements: IBM-compatible PC system; operates in DOS, Windows.
Customized system.
First installation: 1988.
Claims/coverages managed: General liability, property, casualty, workers comp, auto, ocean marine, inland marine.
Features: Customized systems including loss transaction database management, loss development triangle production, IBNR projections, future lost cost projections, workers compensation long-term disability and survivors' benefits, experience rating plan testing and development; management reports.
User support: Onsite training, telephone assistance eight hours per day.
Staff: Five total; five professionals.
1996 revenues: From risk management information systems sales and service, 75% from software sales, 25% from software services.
Officers: Charles Cook, president.
Contact: Peter Bennett.
MountainView Software Corp.
1133 N. Main St., Suite 103, Layton, Utah 84041; 801-544-2446; fax: 801-544-3138
Risk management systems since: 1996.
Software products:
Workers Companion.
Price: $595.
System requirements: IBM-compatible PC system; operates in Windows.
Customization optional.
First installation: 1996.
Total installations: 1,500; 200 in corporate risk management departments.
Claims/coverages managed: Workers comp.
Features: Claims administration; workers comp claims; first report of injury; OSHA 200 reports; loss/run reports; financial tracking; accident reporting; audit report; claim status tracking; management reports; ad hoc reporting.
User support: Onsite training, telephone assistance eight hours per day*.
Staff: Three total; two professionals.
Clients: Five total. Sold systems to five clients in 1996.
1996 revenues: $200,000 total; $5,000 from risk management information systems sales and service, 100% from software sales.
Officers: Steve Schmutz, president; Terry Preece, vp.
Contact: Steve Schmutz.
*Included in system price.
N
Envision/Near North Risk Technologies Inc.
875 N. Michigan Ave., Chicago,
Ill. 60611; 800-994-9440;
fax: 312-915-4691
Risk management systems since: 1996.
Parent: Near North National Group.
Software products:
Certificate Management Services.
System requirements: IBM-compatible PC system; operates in Windows. Online system.
Customization optional.
First installation: 1995.
Total installations: 35; all in corporate risk management departments.
Claims/coverages managed: General liability, property, workers comp, auto, excess liability, boiler and machinery.
Features: Tracks information and correspondence related to certificates of insurance; ensures coverage, limit, insurer compliance; generates renewal notices, cancellation letters, non-compliance letters, custom and standard reports; archives documents; historical conversion available.
User support: Onsite training*, telephone assistance*.
Staff: Nine total, nine professionals.
Clients: 15 total, including 15 corporate risk management departments. Sold systems to 15 clients in 1996.
CompVision.
Price: $3,995.
System requirements: IBM-compatible PC system; operates in Windows.
First installation: 1994.
Total installations: 88 users.
Claims/coverages managed: Workers comp.
Features: Claims administration; policy tracking; data analysis; loss trending; loss control; first report of injury (all 50 states); OSHA 100 and 200 reporting; report generation; diary function; notes function; to-do function.
User support: Onsite training, telephone assistance*.
HealthVision.
System requirements: IBM-compatible PC system; operates in Windows.
Customization optional.
First installation: 1995.
Total installations: Nine companies; 90 users.
Claims/coverages managed: General liability, workers comp, auto, professional liability.
Features: Claim administration; policy tracking; experience rating; reserve tracking; premium allocation; risk analysis; self-insurance comparisons; diary; loss trending; safety and loss control; incident reporting; report generation (standard and custom); data analysis; check processing; litigation management; work flow management. Option of purchasing each of five modules modules individually.
User support: Onsite training, telephone assistance nine hours per day*.
RiskEnvision.
System requirements: IBM-compatible PC system; operates in Windows.
Customization optional.
First installation: 1994.
Total installations: 20 companies; 196 users.
Claims/coverages managed: General liability, workers comp, auto.
Features: Claims administration; policy tracking; experience rating; reserve tracking; premium allocation; risk analysis; self-insurance comparisons; diary; safety and loss control; incident reporting; report generation (standard and custom); data analysis; check processing; litigation management; work flow management; loss trending. Option to purchase each module individually, including a professional liability module.
User support: Onsite training, telephone assistance nine hours per day*.
Staff: 17 total; 15 professionals.
Branch offices: Sandy, Utah.
Officers: Michael Segal, chairman/CEO Near North Insurance Brokerage; Steve Coleman, group executive vp/managing director-NNIB; Eileen Oswald, COO-Near North Risk Technologies; Scott Harper, managing director-Envision Enterprises L.L.C.
Near North Insurance Brokerage Inc.
875 N. Michigan Ave., Chicago,
Ill. 60611; 312-280-5600;
fax: 312-280-5602
WorldLink.
Price: $475 per Web subscription; group subscriptions available.
System requirements: IBM-compatible PC system; operates in Windows, DOS, Macintosh, Web, Netscape. Online system.
Customization optional.
First installation: 1996.
Total installations: 300 online users; 20 in corporate risk management departments.
Features: Information on more than 180 countries; information country by country on insurance changes, general insurance, property and casualty regulations, bonding and marine regulations, captive domiciles, social security legislation; customized reports.
User support: Telephone assistance eight hours per day*, e-mail assistance*.
Staff: 11 total; 11 professionals.
Clients: 26 total, including 25 corporate risk management departments. Sold systems to 26 clients in 1996.
*Easy Actuary.
System requirements: IBM-compatible PC system; operates in Windows.
Claims/coverages managed: General liability, property, workers comp, auto.
Features: Casualty loss analyses, including forecasts and liability accruals; analyze alternative retentions on deductible levels and identify loss trends; loss triangulation capabilities for company-specific loss development factors for incurred and paid losses and number of claims.
User support: 30-day support, telephone assistance eight hours per day*.
Staff: Three total, three professionals.
Officers: Michael Segal, chairman/CEO; Bill Bartholomay, president-Near North National Group; Steve Coleman, Ruth Tave, Bill Hines, Sheila Kelly, Matt Walsh, group executive vps/managing directors.
Contact: Kristen Restivo, 312-280-7243.
*Included in system price.
Nichols TXEN
6360 I-55 North, Suite 300, Jackson, Miss. 39211; 601-957-7400 ext. 7000; fax: 601-957-9492
Risk management systems since: 1982.
Parent: Nichols Research Corp.
Software products:
PACCASSO.
Price: $80,000.
System requirements: IBM-compatible PC system; operates in Windows. Mainframe AS 400. Online system optional.
Customization optional.
First installation: 1982.
Total installations: 65; 15 in corporate risk management departments.
Claims/coverages managed: General liability, property, casualty, workers comp, auto, marine and cargo.
Features: Claims administration; loss development; loss forecasting; loss prevention; policy tracking; experience rating; reserve tracking; allocation of premium; risk analysis; self-insurance comparisons and analysis; loss trending; safety and loss control; incident reporting; report generation; data analysis; check processing; diary; litigation management; utilization review; fee schedules; deferred billing; cost-of-risk allocation; NCCI reporting; EDI reporting. Optional modules include IAIABC; EDI submission; UR; incoming EDI submission.
User support: User groups/meetings, onsite training, telephone assistance nine hours per day.
Staff: 25 total; 20 professionals.
Contact: Ira Harvel.