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What To Expect When Integrating A New RMIS In Your Business

The day that your company decides to integrate a risk management information system, or RMIS, into your business is a very good day. This is true for everybody in your company from the workers on the shop floor right up to the boardroom or owner's office. Numerous studies have demonstrated that safe workplaces enjoy productive and happy employees and better bottom lines. While the transition might take some extra effort, it should be relatively simple when compared to the traditional, time consuming, and error prone methods of having to gather and correct data from multiple sources and make decisions based off of faulty and incomplete information.

Topics: risk management best practices incident management

How To Choose The Right Risk Management Software

You may not need any more convincing that you need a risk management information system to streamline and automate your company's risk management process. However, dozens of different companies offer their own solutions. The most difficult task may be choosing the right solution for your unique company. As you search for the best risk management software for you and your company, you might figure out exactly what you hope the new system will do for you and keep some of these desirable benefits in mind.

Topics: risk management best practices insurance renewal management

Tesco benefits from greater control of its claims data using RiskConsole

Our fourth ‘client focus’ blog looks at how the insurable risk team at Tesco has been able to gain full control over their claims data to improve store safety and reduce accidents. The retail giant also uses data in RiskConsole, a risk management information system, to implement risk mitigation programmes that have reduced indemnity spend and deliver a competitive advantage.  

Topics: risk management software best practices risk data risk management data reporting and data visualization exposure management renewal data collection

Client Focus: The taste of success for global property and casualty risk data

In this our third “client focus” blog post, we look at how Heinz has used Aon RiskConsole to help them better manage their global property and casualty risk data for renewals and also to track property recommendations.  

Topics: risk management software best practices risk data risk management data reporting and data visualization exposure management renewal data collection

How Mosaic uses risk management software to manage corrective actions

Experience 2013: A preview of The Mosaic Company's session

Using diary and journal to maximize the effectiveness of corrective actions

Risk management software: Exp2013 logo
At the upcoming Aon eSolutions 2013 Experience Conference in Atlanta, I'll be joining LaDonna Williams and Pat Green of the Mosaic Company to lead a session discussing Mosaic's unique use of Aon RiskConsoleto manage corrective actions. This conference will be LaDonna's eighth Experience and Pat's third event.

I recently caught up with LaDonna, EHS Specialist and member of the Aon eSolutions Client Advisory Board, and Pat, EHS Systems Specialist, to discuss the session.

Topics: risk management software best practices the Mosaic Company

9 essential functions of a risk management information system

As well as the functionality you’d expect, such as claims management, today a risk management information system provides a wide range of functionality as standard. What is most important, however, is that your RMIS provider can build the system to match your processes, vocabulary, people and evolving business needs, while also improving efficiencies and delivering best practices.

Topics: risk management risk management software best practices

The RMIS, renewals & efficiency: Make the process faster and easier

My post last week on renewals, the RMIS and a hardening market focused mainly on recent indications that the market for commercial insurance products appears to be hardening. In light of that news, I wrote about some steps risk managers can take to slow the rate of growth in premiums – —primarily by improving the quality and scope of their renewal submissions through the effective use of risk management software.

Topics: risk management software best practices

A look at who’s using risk management information systems

A risk management information system isn'’t suitable for all businesses.

Topics: risk management software best practices risk management data

What is a risk management information system & what can it do for you?

A risk management information system is technology that enables you to capture, manage and analyze all your organization’s risk and insurance data in a single, secure system. Using risk management software, organizations like yours can improve departmental efficiencies and generate savings on your total cost of risk. But, a RMIS and the expert support behind it offers much, much more. A RMIS helps you to improve data accuracy and reduce administrative burdens.

Topics: risk management software best practices

Successful RMIS implementations: Collaboration is vital

Remember how, in grade-school report cards, our teachers evaluated us on how well we “worked and played with others”? It all came back to me as I wrote this blog post focusing on the best ways I'’ve found to ensure collaboration between a RMIS provider and the client’s project team.

Topics: risk management risk management software best practices