DIRECTORY OF RISK MANAGEMENT INFORMATION SYSTEMS
Posted On: Nov. 30, 1997 12:00 AM CSTE
Effisoft USA
250 Boylston St., Boston, Mass. 02116; 617-437-0660; fax: 617-437-0812
Risk management systems since: 1989.
Parent: Effisoft S.A.R.L.
Software products:
Gestrisk.
System requirements: IBM-compatible PC system; operates in Windows.
Customization optional.
First installation: 1989.
Claims/coverages managed: General liability, property, casualty, workers comp, auto, crime, bankers blanket bond, marine-ocean cargo.
Features: Exposure-driven; manages exposures; loss control; engineering recommendations; policies; premiums; losses including incidents and below deductible or SIR; cost of risk and allocating premiums at multiple exposure levels; querying and reporting tools for analysis of risk management programs for all lines of coverages; handles multiple languages and currencies; provides screen label customizations.
WEBRISK.
System requirements: IBM-compatible PC system, client/server; operates in Windows, Internet browser. Online system optional.
Customization optional.
First installation: 1997.
Total installations: One; one in corporate risk management departments.
Claims/coverages managed: General liability, property, casualty, workers comp, auto, marine, crime, bankers blanket bond.
Features: Exposure-driven; net application; worldwide access via Internet browser; data consolidation from multiple sources; unlimited users or connections; limiting access based on log-on; imaging; exposure management; loss control; engineering recommendations; policies; premiums; company hierarchy; losses incidents and below deductible or SIR; cost of risk and allocating premiums at multiple exposure levels; querying and reporting tools including graphs for analysis of risk management programs for all lines of coverages; handles multiple languages and currencies; provides screen label customizations.
User support: User groups/meetings*, onsite training, telephone assistance 14 hours per day*, remote access to data via communication package.
Staff: 30 total, 25 professionals.
Branch offices: Boston; London; Paris; Amsterdam, Netherlands.
1996 revenues: $2 million total. $1.2 million from risk management information systems sales and service, 30% from software sales, 70% from software services.
Officers: Olivier Adler, CEO.
Contact: Cynthia Carroll, director-operations.
*Included in system price.
ERIC Systems
12828 Northup Way, Bellevue, Wash. 98005; 800-283-3742; fax:
425-883-9178
Software products:
ERIC Risk Manager.
Price: $9,995.
System requirements: IBM-compatible PC system; operates in Windows.
Customization optional.
First installation: 1984.
Total installations: 100; 25 in corporate risk management departments.
Claims/coverages managed: General liability, workers comp.
Features: Claims administration; loss developing; loss prevention; reserve tracking; allocation of premium; safety and loss control; incident reporting; report generation; data analysis; check processing; diary; litigation management; multiple employees and multiple jurisdictions; prints first report of accident; automatically generates government-mandated reports and forms; diary/notes functions; user-defined check layouts/check bundling; automatic check generation for scheduled payments; more than 45 report titles; litigation tracking; audit trail; date, time operator id stamp on transaction records; security privileges; one year free tech support. Optional modules include ADJUSTER - automatically adjusts provider invoices to state published maximums or usual and customary fees.
User support: Onsite training*, telephone assistance 10 hours per day*.
Clients: 20 total. Sold systems to five clients in 1996.
Officers: Frank Dee Jr., Douglas Peterson, Keith O'Daniel, Karen Vanwinkle, David Burnett.
Contact: Keith O'Daniel, product manager.
*Included in system price.
ESIS Inc.
1601 Chestnut St., TL32G, Philadelphia, Pa. 19192-2325; 215-761-6779; fax: 215-761-5476
Parent: INA Financial Services Corp.
Software products:
Risk Advantage.
System requirements: IBM-compatible PC system; operates in Windows. Online system.
Customization optional.
Claims/coverages managed: General liability, property, casualty, workers comp, auto.
Features: Manages both domestic and international claims; performs inquiries utilizing selection criteria; results provide full claim detail and adjusters notes (optional); more than 20 canned reports with flexible selection critera and full sorting capabilities; loss forecasting; as-of reporting. Optional modules include custom programming; cost-of-risk modeling.
User support: User groups/meetings, onsite training* (optional), telephone assistance 12 hours per day*.
Staff: 60 total, 54 professionals.
Clients: 1,400 total. Sold systems to 100 clients in 1996.
Branch offices: Los Angeles; San Francisco; Atlanta; Chicago; Boston; New York; Philadelphia; Dallas; Houston.
Officers: Raymond Hafner, president; Brian O'Hara, vp/CFO; Sharon Simpson, vp-sales operations; Lawrence Keough, vp-information products/services.
Contact: Lawrence Keough, 215-761-6767.
*Included in system price.