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Risk Management:  New Technology  & Online Solutions

Spotlight Report December 13, 2004

Vendors D - L

Delphi Technology Inc. (DTI)
ESIS Inc.
Gallagher Bassett Services Inc.
The Hartford Financial Services Group
Inform Applications Inc.
Insurity Inc.
Liberty Mutual Insurance Company

Delphi Technology Inc. (DTI)

              125 Summer St., 19th Floor,

              Boston, Mass. 02110;

                   617-259-1200; fax: 617-778-2296

              www.delphi-tech.com

Risk management systems since: 1990.

Incident Reporting System

Primary purpose of system: online incident reporting.

System requirements: Internet browser.

Online system.

Customization optional.

First installation: 2002.

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: advanced workflow, data warehouse, imaging, incident reporting, claims management, financial management, policy management, reinsurance, risk management.

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

OASIS Claims Management

Primary purpose of system: claims management.

System requirements: 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: advanced workflow, data warehouse, imaging, incident reporting, claims management, financial management, 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)

Primary purpose of system: risk analyst.

System requirements: 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: advanced workflow, data warehouse, imaging, incident reporting, claims management, financial management, policy management, reinsurance, risk management.

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

Staff: 125 total, 105 professionals.

Clients*: 25; 6 in corporate risk management departments.

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

Officers: Sam Fang, president; Michael Mancinelli, vp-finance; Al Schutte, vp-product management.

Contact: Robert Drake, vp-sales; 617-259-1247.

*Expanded telephone assistance hours available under agreement. **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.

Global RiskAdvantage

Primary purpose of system: risk analyst.

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

System requirements: Windows, Internet browser, Macintosh.

Online system.

Customization optional.

First installation: 1998.

Total installations: 4,290; 3,120 in corporate risk management departments.

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

Features: diary, first report of injury, incident reporting, litigation management, loss development, loss forecasting, loss prevention, loss trending, report generation, reserve tracking, risk analysis, safety and loss control, daily claim updates, real-time access to claim adjuster notes, claim alerts, report scheduler, including short- and long-term disability claims.

Optional features: custom reporting, e-risk manager, OSHA, online Web training.

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

Staff: 17 total, 17 professionals.

Clients: 800; 500 in corporate risk management departments, 100 new systems in 2003.

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

2003 revenues: $308,000,000 total; $13,000,000 from risk management information systems; 80% software; 20% services.

Officers: Ed Troy, president; David Patterson, executive vp-claims and account services; Alan Mansfield, vp-finance.

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


Gallagher Bassett Services Inc.

              The Gallagher Centre, 2 Pierce Place,

              Itasca, Ill. 60143-3141;

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

              www.gallagherbassett.com

Risk management systems since: 1983.

Parent: Arthur J. Gallagher & Co.

risxfacs.com

Primary purpose of system: risk analyst, claims management.

System requirements: Internet browser, Macintosh.

Online system.

Customization optional.

First installation: 1983.

Total installations: 7,657; 7,606 in corporate risk management departments.

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: 108 total, 105 professionals.

Clients: 2,122; 1,970 in corporate risk management departments, 2,049 new systems in 2003.

2003 revenues: $293,000,000 total; 100% software.

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

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


The Hartford Financial Services Group.

              Hartford Plaza,

              Hartford, Conn. 06115;

                   860-547-5000; fax: 860-520-2649

              www.thehartford.com;

Risk management systems since: 1993.

@venture

Primary purpose of system: risk analyst, claims management.

Price: $5,500.

System requirements: Windows.

Online system.

Customization optional.

First installation: 1999.

Total installations: 4,400; 1,000 in corporate risk management departments.

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

Features: claims administration, charting/graphing, diary, exposure analysis, first report of injury, incident reporting, litigation management, loss forecasting, loss prevention, loss trending, 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: 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 materials.

Staff: 30 total, 16 professionals.

Clients: 4,400; 1,000 in corporate risk management departments, 750 new systems in 2003.

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

2003 revenues: $18,733,000,000 total; $12,500,000 from risk management information systems; 70% software; 30% services.

Officers: Ramani Ayer, chairman/CEO; David Zwiener, president/COO-property/casualty operations; Joseph Bores, president-Specialty Risk Services.

Contact: Cathy Leonard, assistant director; 860-520-2645; cathy.leonard@thehartford.com.


Inform Applications Inc.

              888 Veterans Memorial 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

Primary purpose of system: risk analyst.

Price: $25,000.

System requirements: IBM-compatible computer, Windows.

Online system.

Customization optional.

First installation: 1985.

Total installations: 1,000; 995* in corporate risk management departments.

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

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

User Support: 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.; Flower Mound, Texas.

2003 revenues: 50% software; 50% services.

Officers: Alan R. Josefsek, president; Harry Lerner, secretary.

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

*Estimated.


Insurity Inc. 

              170 Huyshoppe Ave.,

              Hartford, Conn. 06106;

                   860-616-7721; fax: 860-616-7474

              www.insurity.com

Risk management systems since: 1988.

Parent: ChoicePoint Inc.

Intellisys

Primary purpose of system: risk analyst, claims management, full policy lifecycle, policy and claims administration, data warehouse and compliance reporting solutions.

Price: $250,000.

System requirements: Windows.

Online system.

Customization optional.

First installation: 1988.

Total installations: 30,000*; 700 in corporate risk management departments.

Claims/coverage managed: general liability, workers compensation, property, auto, disability, homeowners, life, 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, medical bill review, litigation management, 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 10 hours a day.

Staff: 350 total, 325 professionals.

Clients: 75*; 25 in corporate risk management departments, 8 new systems in 2003.

Branch offices: Ridgefield, Conn.; Alpharetta, Ga.; Redwing Minn.; Great Neck, N.Y.; Dallas.

Officers: Tony Reisz, president; Bill Kuebler, claims division president.

Contact: David Pedersen, vp-sales and marketing; 860-616-7414; david.pedersen@insurity.com.

*Estimated. **Available Monday to Friday only.


Liberty Mutual Insurance Company

          230 Commerce Way,

              Portsmouth, N.H. 03801;

             603-422-0444; fax: 603-433-4676

              www.libertymutual.com

Risk management systems since: 1983.

RISKTRAC

Primary purpose of system: risk analyst, claims management, incident capture, OSHA reporting.

System requirements: Windows.

Online system.

Customization optional.

First installation: 1999.

Total installations: 2,900; 2,610 in corporate risk management departments.

Claims/coverage managed: general liability, workers compensation, property, auto, group disability, integrated disability management.

Features: charting/graphing, exposure analysis, litigation management, loss forecasting, loss trending, policy tracking, report generation, reserve tracking, risk analysis, safety and loss control, alerts, electronic report distribution, online claim summaries.

Optional features: SafetyVision provides incident reporting and OSHA recordkeeping and reporting.

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

Staff: 76 total, 66 professionals.

Clients: 878; 835 in corporate risk management departments, 334 new systems in 2003.

Branch offices: Atlanta; Wausau, Wis.

Officers: Diane Fandrich, managing director.

Contact: Alicia Rawnsley, director-marketing, RISKTRAC; alicia.rawnsley@libertymutual.com.


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