Press Releases and Announcements

Maritime Claims Management Software Helping to Reduce Accident Costs

May 25, 2002

Maritime Claims Management Software Helping to Reduce Accident Costs

CONTACT:

Roger Phillips (425) 453-1855
rogerphillips@tecnorisk.com
(May 25, 2002) Seattle, Washington  –  It is estimated that accidents cost the shipping industry over $2 billion each year in direct costs alone. TecnoClaims®, a comprehensive maritime claims management and loss prevention system, is helping to reduce this cost and the cost of claims administration. The system manages claims more efficiently, reduces the cost of administration and improves safety/loss prevention efforts.

The latest release, Version 7 to be available in June 2002 includes automated web reporting and analysis tools, web based case management, scheduling of tasks and close integration with Microsoft® Outlook.

The TecnoClaims system handles all classes of marine claims from P&I (crew, passenger, cargo etc) to hull to shoreside exposures. It is the product of more than twenty years experience in marine insurance claims, according to TecnoRisk, the system's developer.

Currently in use by leading ship operators, cruise lines and offshore/onshore drilling companies, the TecnoClaims system is becoming recognized as the industry leader in marine risk management information systems.

In beta testing is a new system designed to go on board the vessel as an accident reporting and investigation system. Tying in with the TecnoClaims system, re-keying of data is eliminated. Specific shoreside safety benefits are derived from automation of corrective action, causal analysis and follow up. Automation of experience transfer creates a truly effective knowledge based system.

It is well known that accidents are the tip of the iceberg and that evaluation of near misses and non-conformities is the key to an effective safety system. Manual systems however lack the ability to truly gain the insights that an effective information technology systems can provide. The TecnoClaims systems apply leading edge technology designed to provide safety minded companies with the effective tools that they need to take a bite out of that $2 billion number.


For more information visit: www.tecnorisk.com or call 425.453.1855.

The companies referenced herein are trademarks or registered trademarks of their respective companies.


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