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Risk Management:  New Technologies  & Online Services

Spotlight Report December 1, 2003

Vendors D - L

David Corporation
Delphi Technology Inc. (DTI)

ESIS Inc.
Effisoft
Envision Technology Solutions L.L.C.
Gallagher Bassett Services Inc.
GatesMcDonald
GenSource Corp.
The Hartford Financial Services Group
Inform Applications Inc.
Insurity Inc.
Lumtron Technologies Inc.

David Corporation

200 Pine St., Second Floor,

San Francisco, Calif. 94104;

415-362-4555; fax: 415-362-5010

www.davidcorp.com

Risk management systems since: 1986.

Parent: Platinum Equity L.L.C.

Renaissance

Price: $58,000 to $62,000.

System requirements: IBM-compatible computer, Windows.

Customization optional.

First installation: 1998.

Total installations*: 1,300; 700 in corporate risk management departments.

Claims/coverage managed: general liability, workers compensation, property, auto.

Features: check processing/writing, claims administration, diary, exposure analysis, first report of injury, incident reporting, litigation management, loss development, loss forecasting, loss prevention, loss trending, OSHA recordkeeping/reporting, report generation, reserve tracking, safety and loss control.

Optional features: employee imports, index bureau export/imports, medical bill imports, payment exports, Public Risk Database Projects exports.

User Support: user groups/meetings, onsite training, telephone assistance available 12 hours a day.

Staff: 19 total, 16 professionals.

Clients: 60; 40 in corporate risk management departments, 6 new systems in 2002.

Branch offices: San Francisco.

2002 revenues: 60% software; 40% services.

Officers: Jeff Bailey, president; Ciony Rapadas, vp-operations; Matt Randolph, system architect.

Contact: Ciony Rapadas; arapadas@davidcorp.com.

*Estimated.


Delphi Technology Inc. (DTI)

201 Broadway,

Cambridge, Mass. 02139;

617-494-8361; fax: 617-494-1845

www.delphi-tech.com

Risk management systems since: 1990.

OASIS

System requirements: IBM-compatible computer, Windows.

Online system.

Customization optional.

First installation: 1996.

Claims/coverage managed: general liability, workers compensation, property, auto, professional liability.

Features: allocation of premiums, certificate issuance, certificate tracking, check processing/writing, claims administration, charting/graphing, diary, exposure analysis, first report of injury, incident reporting, litigation management, loss development, loss forecasting, loss prevention, loss trending, OSHA recordkeeping/reporting, policy tracking, property appraisal, report generation, quotation data fact sheet of coverage perils/terms, reserve tracking, risk analysis, safety and loss control, self-insurance comparisons and analysis, workers compensation experience rate modification calculation.

Optional features: claims management, data warehouse, financial management, imaging, incident reporting, policy management, reinsurance, risk analysis management, risk management.

User Support: user groups/meetings, onsite training, telephone assistance available 12 hours a day, expanded telephone hours available under agreement.

Incident Reporting System

System requirements: IBM-compatible computer, Windows, Internet browser.

Online system.

Customization optional.

First installation: 2002.

Claims/coverage managed: general liability, workers compensation, property, auto, hospital occurrence reporting.

Features: charting/graphing, exposure analysis, first report of injury, incident reporting, loss forecasting, loss prevention, loss trending, report generation, risk analysis, safety and loss control, self-insurance comparisons and analysis.

Optional features: claims management, data warehouse, financial management, imaging, incident reporting, policy management, reinsurance, risk analysis management, risk management.

User Support: user groups/meetings, onsite training, telephone assistance available 12 hours a day, expanded hours available under agreement.

OASIS Claims

System requirements: IBM-compatible computer, Windows.

Online system.

Customization optional.

First installation: 1997.

Claims/coverage managed: general liability, workers compensation, property, auto, professional liability.

Features: allocation of premiums, certificate issuance, certificate tracking, check processing/writing, claims administration, charting/graphing, diary, exposure analysis, first report of injury, incident reporting, litigation management, loss development, loss forecasting, loss prevention, loss trending, OSHA recordkeeping/reporting, policy tracking, property ppraisal, report generation, quotation data fact sheet of coverage perils/terms, reserve tracking, risk analysis, safety and loss control, self-insurance comparisons and analysis, workers compensation experience rate modification calculation, dvanced workflow, integration with medical bill review, integration with Incident Reporting System.

Optional features: claims management, data warehouse, financial management, imaging, incident reporting, policy management, reinsurance, risk analysis management, risk management.

User Support: user groups/meetings, onsite training, telephone assistance available 12 hours a day, expanded hours available under agreement.

Risk Analysis Management System (RAMS)

System requirements: IBM-compatible computer, Windows, Internet browser.

Online system.

Customization optional.

First installation: 1996.

Claims/coverage managed: general liability, workers compensation, property, auto, professional liability.

Features: certificate tracking, charting/graphing, exposure analysis, loss development, loss forecasting, loss prevention, loss trending, OSHA recordkeeping/reporting, report generation, reserve tracking, risk analysis, safety and loss control, self-insurance comparisons and analysis, workers compensation experience rate modification calculation, loss triangles with loss development factors.

Optional features: claims management, data warehouse, financial management, imaging, incident reporting, policy management, reinsurance, risk analysis management, risk management.

User Support: user groups/meetings, onsite training, telephone assistance available 12 hours a day, expanded hours available under agreement.

Staff: 140 total, 125 professionals.

Clients*: 20; 6 in corporate risk management departments.

Branch offices: San Diego; New Brunswick, N.J.

Officers: Sam Fang, president; Michael Nikosey, vp-finance; Al Schutte, vp-professional services.

Contact: Patty Morey Walker, director-sales and marketing operations; 617-494-8361, ext. 2011; pwalker@delphi-tech.com.

*Estimated.


ESIS Inc.

1601 Chestnut St.,

Philadelphia, Pa. 19103;

800-344-0494; fax: 215-640-5538

www.riskadvantage.com

Risk management systems since: 1982.

Parent: ACE USA.

RiskAdvantage Loss Management

Price: $5,000 to $10,000.

System requirements: IBM-compatible computer, Windows, Internet browser, Macintosh.

Online system.

Customization optional.

First installation: 1998.

Total installations: 1,940; 1,265 in corporate risk management departments.

Claims/coverage managed: general liability, workers compensation, property, auto.

Features: diary, incident reporting, litigation management, loss development, loss forecasting, loss prevention, loss trending, report generation, reserve tracking, safety and loss control, daily claim updates, real-time access to claim adjuster notes, red flags module, report scheduler, short- and long-term disability claims.

Optional features: custom reporting, first report of injury, OSHA reporting.

User Support: user groups/meetings, onsite training, telephone assistance available 12 hours a day, account service consulting.

Staff: 17 total, 17 professionals.

Clients: 500; 350 in corporate risk management departments, 100 new systems in 2002.

Branch offices: Los Angeles; San Francisco; Atlanta; Chicago; Boston; New York; Portland, Ore.; Dallas; Houston.

2002 revenues: $224,000,000 total; $10,300,000 from risk management information systems; 80% software; 20% services.

Officers: Ed Troy, president; John Cummings, COO; Alan Mansfield, senior vp-finance.

Contact: Mark F. Pompi, ESIS RMIS national sales and marketing director; 215-640-1959; mark.pompi@esis.com.


Effisoft USA

266 Beacon St.,

Boston, Mass. 02116;

617-437-9600; fax: 617-437-9601

www.effisoft.com

Risk management systems since: 1989.

Parent: Effisoft S.A.R.L.

Webrisk

System requirements: IBM-compatible computer, Windows.

Online system.

Customization optional.

First installation: 1989.

Total installations: 50; 40 in corporate risk management departments.

Claims/coverage managed: general liability, workers compensation, property, auto, all lines of insurance.

Features: allocation of premiums, certificate issuance, certificate tracking, check processing/writing, claims administration, charting/graphing, diary, exposure analysis, first report of injury, incident reporting, litigation management, loss development, loss forecasting, loss prevention, loss trending, OSHA recordkeeping/reporting, policy tracking, property appraisal, report generation, quotation data fact sheet of coverage perils/terms, reserve tracking, risk analysis, safety and loss control, self-insurance comparisons and analysis, workers compensation experience rate modification calculation, threats module.

Optional features: enterprise risk management module, threats module.

User Support: onsite training, telephone assistance available 8 hours a day, electronic users manual.

Staff: 80 total, 45 professionals.

Clients: 50; 40 in corporate risk management departments, 6 new systems in 2002.

Branch offices: Boston; London; Paris.

2002 revenues: $5,500,000 total; $5,500,000 from risk management information systems; 70% software; 30% services.

Officers: Will Warren, president/CEO.

Contact: David Morin, director-new business development; 617-437-9600, ext. 31; dave.morin@effisoft.com.


Envision Technology Solutions L.L.C.

6985 Union Park Center, Suite 595,

Midvale, Utah 84047;

801-568-1818; fax: 801-568-5779

www.envision-ts.com

Risk management systems since: 1994.

Parent: CNA Financial Corp., Near North National Group Inc.

RiskEnvision

System requirements: IBM-compatible computer, Windows.

Online system.

Customization optional.

First installation: 1994.

Claims/coverage managed: general liability, workers compensation, property, auto, product liability, professional liability.

Features: check processing/writing, claims administration, charting/graphing, diary, exposure analysis, first report of injury, incident  reporting, litigation management, loss development, loss forecasting, loss prevention, loss trending, OSHA recordkeeping/reporting, policy tracking, property appraisal, report generation, reserve tracking, risk analysis, safety and loss control, disability calculator, EDI, medical bill review.

Optional features: WebEnvision.

User Support: user groups/meetings, onsite training, telephone assistance available 11 hours a day, tech cell phone support 24 hours/7 days a week with response within 2 hours.

Staff: 19 total, 15 professionals.

Contact: Scott Harper, COO; sharper@envision-ts.com.


Gallagher Bassett Services Inc.

The Gallagher Centre, 2 Pierce Place,

Itasca, Ill. 60143;

630-773-3800; fax: 630-285-4000

www.gallagherbassett.com

Risk management systems since: 1983.

Parent: Arthur J. Gallagher & Co.

risxfacs.com

System requirements: IBM-compatible computer, Internet browser, Macintosh.

Online system.

Customization optional.

First installation: 1983.

Total installations: 5,608.

Claims/coverage managed: general liability, workers compensation, property, auto.

Features: check processing/writing, claims administration, diary, first report of injury, incident reporting, litigation management, loss development, loss forecasting, loss prevention, loss trending, OSHA recordkeeping/reporting, policy tracking, report generation, reserve tracking, safety and loss control.

User Support: user groups/meetings, onsite training, telephone assistance available 24 hours a day.

Staff: 104 total, 101 professionals.

Clients: 1,780.

2002 revenues: $251,000,000 total; 100% software.

Officers: Richard J. McKenna, president; Emil Bravo, Wally Gawaluch, executive vps.

Contact: Colleen Saurbier; 630-285-4019; colleen_saurbier@gbtpa.com.


GenSource Corp.

25572 Ave. Stanford,

Valencia, Calif. 91355;

661-294-1300; fax: 661-294-1310

www.gensourcecorp.com

Risk management systems since: 1977.

GenCOMP

Price: $60,000 to $100,000.

System requirements: IBM-compatible computer, Windows, Internet browser, Macintosh.

Online system.

Customization optional.

First installation: 1977.

Total installations: 4,000; 200 in corporate risk management departments.

Claims/coverage managed: workers compensation.

Features: check processing/writing, claims administration, charting/graphing, diary, first report of injury, incident reporting, litigation management, loss development, loss forecasting, loss prevention, loss trending, OSHA recordkeeping/reporting, policy tracking, report generation, reserve tracking, risk analysis, safety and loss control, self-insurance comparisons and analysis, workers compensation experience rate modification calculation, EDI, index bureau reporting, word processing.

Optional features: ASP system hosting and support, accounts payable interface, bill review interfaces, client-based reporting, document imaging, MICR laser check printing, permanent disability rating, postive pay reconcilation, Public Risk Database Projects interface, Web-based access and/or inquiry.

User Support: user groups/meetings, onsite training, telephone assistance available 9 hours a day, extended support hours available.

GenPAC

Price: $60,000 to $100,000.

System requirements: IBM-compatible computer, Windows, Internet browser, Macintosh.

Online system.

Customization optional.

First installation: 1977.

Total installations: 4,000; 200 in corporate risk management departments.

Claims/coverage managed: general liability, property, auto.

Features: check processing/writing, claims administration, charting/graphing, diary, first report of injury, incident reporting, litigation  management, loss development, loss forecasting, loss prevention, loss trending, OSHA recordkeeping/reporting, policy tracking, report generation, reserve tracking, risk analysis, safety and loss control, self-insurance comparisons and analysis, EDI, word processing.

Optional features: ASP system hosting and support, accounts payable interface, client-based reporting, document imaging, MICR laser check printing, Public Risk Database Projects interface, postive pay reconcilation, Web-based access and/or inquiry.

User Support: user groups/meetings, onsite training, telephone assistance available 9 hours a day, extended support hours available.

Staff: 33 total, 29 professionals.

Clients: 500; 200 in corporate risk management departments, 25 new systems in 2002.

Branch offices: Folsom, Calif.; Cocoa Beach, Fla.

2002 revenues: 10% hardware; 45% software; 45% services.

Officers: Jerry C. Buckley, chairman; Eric Hoffberg, president/CEO; Nora Kenner, executive vp-consulting services.

Contact: John Carolan, vp-sales and marketing; sales@gensourcecorp.com.


The Hartford Financial Services Group.

Hartford Plaza,

Hartford, Conn. 06115;

860-547-5000; fax: 860-547-3017

www.thehartford.com

Risk management systems since: 1993.

@venture

Price: $5,500.

System requirements: IBM-compatible computer, Windows.

Online system.

Customization optional.

First installation: 1999.

Total installations: 3,500; 1,000 in corporate risk management departments.

Claims/coverage managed: general liability, workers compensation, auto.

Features: claims administration, charting/graphing, diary, first report of injury, incident reporting, litigation management, loss prevention, OSHA recordkeeping/reporting, policy tracking, report generation, quotation data fact sheet of coverage perils/terms, reserve tracking, risk analysis, safety and loss control, administrative services, e-mail alerts, executive dashboard, invoices.

Optional features: ad hoc reports, carrier/TPA claims integration.

User Support: user groups/meetings, onsite training, telephone assistance available 8 hours a day*, bubble/mouseover help, e-mail help desk, online training, training material.

Staff: 30 total, 16 professionals.

Clients: 3,500; 1,000 in corporate risk management departments, 500 new systems in 2002.

Branch offices: Los Angeles; Atlanta; Chicago; King of Prussia, Pa.; Dallas.

2002 revenues: $16,400,000,000 total; $12,000,000 from risk management information systems; 70% software; 30% services.

Officers: Ramani Ayer, chairman/CEO; David Zweiner, president/COO-property and casualty operations; Thomas Marra, president/COO-Hartford Life operations.

Contact: Cathy Leonard, assistant director; cathy.leonard@thehartford.com.

*7:30 a.m. to 4:30 p.m. Eastern Standard Time.


Inform Applications Inc.

888 Veterans Highway,

Hauppauge, N.Y. 11788;

631-851-0222; fax: 631-851-1769

www.informapplications.com

Risk management systems since: 1980.

Parent: Information Builders Inc.

INFORM

Price: $25,000.

System requirements: IBM-compatible computer, Windows.

Online system.

Customization optional.

First installation: 1985.

Total installations: 1,000; 1,000 in corporate risk management departments.

Claims/coverage managed: general liability, workers compensation, property, auto.

Features: allocation of premiums, claims administration, charting/graphing, diary, exposure analysis, incident reporting, litigation management, loss development, loss forecasting, loss prevention, loss trending, OSHA recordkeeping/reporting, policy tracking, report generation, reserve tracking, risk analysis, safety and loss control, self-insurance comparisons and analysis.

User Support: user groups/meetings, onsite training, telephone assistance available 24 hours a day.

Staff: 20 total, 15 professionals.

Clients: 25; 25 in corporate risk management departments.

Branch offices: Piscataway, N.J.; Memphis, Tenn.

2002 revenues: 50% software; 50% services.

Officers: Alan Josefsek, president; Frank Fantigrossi, vp.

Contact: Alan Josefsek; 631-851-0222, ext. 11.


Insurity Inc.

 875 Asylum Ave,

Hartford, Conn. 06105;

860-616-7413; fax: 860-524-7249

www.insurity.com

Risk management systems since: 1988.

Parent: ChoicePoint Inc.

Pyramid

Price: $250,000.

System requirements: IBM-compatible computer, Windows.

Online system.

Customization optional.

First installation: 1988.

Total installations: 21,000; 700 in corporate risk management departments.

Claims/coverage managed: general liability, workers compensation, property, auto, disability, homeowners, marine, package.

Features: allocation of premiums, certificate issuance, certificate tracking, check processing/writing, claims administration, charting/graphing, diary, exposure analysis, first report of injury, incident reporting, litigation management, loss development, loss forecasting, loss prevention, loss trending, OSHA recordkeeping/reporting, policy tracking, property appraisal, report generation, quotation data fact sheet of coverage perils/terms, reserve tracking, risk analysis, safety and loss control, self-insurance comparisons and analysis, workers compensation experience rate modification calculation, litigation management, medical bill review, medical case management, policy administration.

Optional features: most of system can be purchased as expansion modules.

User Support: user groups/meetings, onsite training, telephone assistance available 24 hours a day .

Staff: 350 total, 350 professionals.

Clients: 62; 25 in corporate risk management departments, 8 new systems in 2002.

Branch offices: Ridgefield, Conn.; Red Wing, Minn.; Great Neck, N.Y.

Officers: Jeffrey Glazer, CEO; Tony Reisz, senior vp; William Kuebler, president-claims division.

Contact: Michael Mueller, assistant vp-marketing; michael.mueller@insurity.com.


Lumtron Technologies Inc.

P.O. Box 309,

Woodstock, Ill. 60098;

815-337-8090; fax: 815-337-7167

www.lumtron.com

Risk management systems since: 1984.

Claims Master

Price: $7,500.

Syste requirements: IBM-compatible computer, Windows.

Customization optional.

First installation: 1997*

Total installations* 45; 7 in corporate risk management departments.

Claims/coverage managed: general liability, workers compensation, property, auto.

Features: check processing/writing, charting/graphing, diary, first report of injury, incident reporting, OSHA recordkeeping/reporting, report generation, reserve tracking, risk analysis, self-insurance comparisons and analysis, association business.

Optional features: document management.

User Support: onsite training, telephone assistance available 8 hours a day.

Staff: 25 total, 20 professionals.

Clients: 40; 7 in corporate risk management departments, 25 new systems in 2002.

Officers: Janine M. Jozwiak, CEO; Dan DeSerto, president.

Contact: Matt Disparte, marketing and sales director; dispartem@lumtron.com.

*iWindows version.


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