Solutions
for the Risk Manager
Arguably the most important task that a risk
and insurance manager performs each year is to
manage the insurance renewals process. The reward
for doing this well is to obtain the best insurance
terms and price for the organisation. The consequences
of doing it badly may be catastrophic.
ReSure
® was designed to address the renewals
information needs of risk and insurance managers
of organisations that have some or all of these
characteristics:
- large and complex risk exposures
- diverse business activities
- many geographically spread locations
In these kinds of organisations, risk management
departments are looking for simple, cost effective
solutions that deal with the many problems encountered
in collecting, managing and distributing risk
exposure and asset values information. You might
recognise some of these common problems:
- Your insurers keep asking for more, new and
different information
- Your colleagues are overwhelmed by the amount
of data they need to provide
- The information you receive is incomplete,
late and of doubtful accuracy
- It takes a lot of time and effort to collate
and summarise the data into a useful form
- There is often confusion about who has what
version of the information
- There is no single, secure place where you
can store everything and retrieve it easily
- Sharing information means sending documents
in hard copy, or by email with its attendant
security risks
- You cannot easily control who has access to
important commercially sensitive data
- Your IT department says its too costly and
difficult to build a renewals system
- If you change your insurance arrangements,
you may need to start all over again
Click
Here to find out how ReSure
addresses these problems
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