RMIS-Web


| Home | Software Providers | Consultants | Articles | Columns | Reviews | Headlines |

-
-

-

{short description of image}

Entire contents Copyright © 1999 Business Insurance

Spotlight Report December 4, 1995
Risk Management Systems & Strategies

RMIS Vendors F - J

FARA Business Services
Frasin Ltd.
GAB Robins North America Inc.
Gallagher Bassett Services Inc.
Genelco Inc.-Software Division
Health Management Technologies
Helmsman Management Services
ITT Specialty Risk Services Inc.
Jury Verdict Research

FARA Business Services

2360 Fifth Ave.
Mandeville, La. 70471
504-624-8383; fax: 504-624-8489

Risk management systems since: 1989

User support: User groups/meetings, on site training*, telephone assistance eight hours per day, hardware and software maintenance agreement*.


Clients: Four total, including two corporate risk management departments. Sold system to one client in 1994

Branch offices:

Staff: 11 total, 10 professionals.

Contact: David Richard

Officers: Francis Richard, president; M. Todd Richard, executive vp; Reed Bell, senior vp; David Richard, vp.

*Included in system price.

Software products:

The Claims Expert

System requirements: IBM compatible PC system. Operates in Windows, Alpha Microsystems application server.

Online system. Customization optional.

First Installation: 1994

Total Installations: 15; two in corporate risk management departments.

Claims/coverages managed: General liability, property, casualty, workers comp, auto.

Features: Claims administration, including check issuance; loss fund/banking management; handles claims by policy number, type or insured/entity; loss ratio; trending; development and safety analysis; menu-driven or ad hoc reports; diary, claims, and check listings; average weekly wage and benefit rate calculations; first report and state/federal form generation; form letters; electronic notes and mail; 1099 generation; supports self-insured programs, including specific and aggregate, with or without deductibles; ability to integrate with any PC or LAN environment. Optional modules include automatic entry of medical bills using data import, electronic data interchange, Information Management Systems report generator.


Frasin Ltd.

Bishops Court, 27-33 Artillery Lane
London, England, E1 7LP

44-171-247-5433; fax: 44-171-426-0409

Risk management systems since: 1993

Parent: HSBC Holdings P.L.C.


Staff: Three total, all professionals.

Officers: Keith Jones, chairman; Philip Martin, chief executive. Contact: Philip Martin.

User support: User groups/meetings, on site training, telephone assistance.

Software products:

SOFWIN (SOFINE For Windows)

System requirements: IBM compatible PC system, Macintosh PC. Operates in Windows.

Claims/coverages managed: Security risk management for financial institutions.

Features: Identification of all activities within financial institutions, including all physical/internal security controls and differences in security levels and procedures; loan portfolio and analysis; report generation for executive management overview, banking activities, security exceptions, financial institutions crime and computer crime insurance application forms.


GAB Robins North America Inc.

9 Campus Drive, Suite 7
P.O. Box 316
Parsippany, N.J. 07054-0316

800-422-4436; fax: 201-993-9579

Risk management systems since:

Parent: SGS, Societe Generale de Surveillance

Branch offices: 400 offices nationwide.

Contact: Linda P. Sundram, assistant vp-customer information services, 201-993-3529.


1994 revenues: $265 million total. $1 million from risk management information systems sales and services

Staff: 3,500 total, 100 professionals.

Clients: 110 total, including 60 corporate risk management departments. Sold systems to 85 clients in 1994

Officers: A.C. Czura, CEO; J.A. McGee, executive vp-operations; J.F. Darden, executive vp-finance.

User support: Onsite training, telephone assistance*

*Included in system price.

Software products:

ClienTell

Price: $3,500

System requirements: IBM compatible PC system. Operates in Windows. Online system.

Customization optional

First Installation: 1995

Total Installations: 13

Claims/coverages managed: General liability, property, casualty, workers comp, auto.

Features: Claims adjusting, risk control. Optional modules include customized data capture, OSHA and state required reports, customized product enhancements and interfaces.


Gallagher Bassett Services Inc.

The Gallagher Centre
2 Pierce Place
Itasca, Ill. 60143-3141

708-773-3800; fax: 708-285-4000

Risk management systems since: 1983

Parent: Arthur J. Gallagher & Co.

Branch offices:

Contact:

Tracy D. Mock, area vp-marketing services, 708-285-3593.


1994 revenues:
$122,948,000 total. $6,986,000 from risk management information systems sales and services.
Staff: 101 total, 94 professionals.

Clients: 1,088 total. Sold systems to 248 clients in 1994

Officers: Peter J. Durkalski, president; John G. Campbell, chairman; Donald C. Klein, Richard Rothman, Fred Potenza, executive vps.

User support: On site training*, telephone assistance 24 hours per day*, training manuals*.

*Included in system price.

Software products:

RISX-FACS

Price: Leased system.

System requirements: IBM compatible PC system and mainframe. Online system.

Customization optional

First Installation: 1983

Total Installations: 1,088; 12 in corporate risk management departments.

Claims/coverages managed: General liability, property, casualty, workers comp, auto.

Features: Claims administration; loss forecasting and trending; reserve tracking; loss trending; incident reporting; check processing; diary; litigation management; claim notes; claim payment and recoveries tracking; individual claim detail or comprehensive reports, including summary loss, loss and claim experience, specific excess, activity summary, claim activity, claim register, accident loss analysis and claim loss analysis. Optional modules include MICRO-FACS that allows 24 hour access to claim data.

MICRO-FACS

Price: $2,100 plus connect time and report charges.

System requirements: IBM compatible PC system. Online system.

Customization optional

First Installation: 1986

Total Installations: 248

Claims/coverages managed: General liability, property, casualty, workers comp, auto

Features: Provides a window to view individual claim information, including total payments, recoveries, reserves and expenses by category; type, source, nature and part of body involved in claim; handling adjuster; detailed listing of check payments; history of changes in total reserves; reported date; accident date and time; location and description of the loss; client location and assigned claim; custom report generation; user-defined data selection and transfer. Optional modules include electronic mail through TELE-FACS.


Genelco Inc.-Software Division

1600 S. Brentwood Blvd.
St. Louis, Mo. 63144-1330

314-962-2040; fax: 314-968-9589





Risk management systems since: 1973

Parent: General American Life Insurance Co.

Branch offices: Birmingham, Ala.; Miami.

Contact: Susan Wagy, 314-963-8114.


1994 revenues:
$21.8 million total. $19 million from risk management information systems sales and services, 18% from hardware sales, 20% from software sales, 62% from software services.
Staff: 210 total, 75 professionals.

Clients: 110 total, including 44 corporate risk management departments. Sold systems to 12 clients in 1994

Officers: E. Christopher Simonds, president/CEO; David B. Johnson, president-software division; Russell E. Korte, executive vp; Mike Molinar, product vp.

User support: User groups/meetings*, on site training, telephone assistance nine hours per day*, seminars held at Genelco.

Included in system price.

Software products:

Health Claims Plus

System requirements: IBM AS/400 midrange computer. Online system.

Customization optional.

First Installation: 1985
Total Installations: 116; 44 in corporate risk management departments

Claims/coverages managed: Medical, dental, disability, vision, prescription.

Features: Administers and adjudicates medical, dental, vision, disability and prescription claims; processes claims for a variety of health plans. Optional modules include claim editing module to unbundle claims and detect upcoding; utilization review module to administer large case management, second surgical opinion and precertification; source code; interfaces available for batch claim adjudication through electronic data interchange.

Benefit Administration Plus

System requirements: IBM AS/400 midrange computer. Online system

Customization optional

First Installation: 1986

Total Installations: 53; two in corporate risk management departments.

Claims/coverages managed: Medical, dental, disability, vision, prescription.

Features: Billing and collection of premiums, salary-based billing, supports and tracks COBRA payments and exceptions outside normal billing process, supports multiple carriers and multiple companies.


Health Management Technologies

1150 Moraga Way
Suite 150
Moraga, Calif. 94556

510-631-6750; fax: 510-631-6789

Risk management systems since: 1986

Parent:

Branch offices: District of Columbia.

Contact: James Wolfe, 800-647-7007


1994 revenues:
Staff: 17 total, 10 professionals.

Clients:

Officers: Karen J. Wolfe, president; James W. Wolfe, chief marketing officer; Eric Wolfe, senior vp-technical services.

User support: User groups/meetings, on site training, telephone assistance 10 hours per day, annual support and maintenance.

Software products:

RETURN for Managed Disability

Price: $50,000

System requirements: IBM compatible PC system. Operates in DOS, Windows.

First Installation: 1988
Total Installations: 250

Claims/coverages managed: Workers comp, short- and long-term disability, absence management.

Features: Facilitates coordination of the case process and management of a PPO or network; includes electronic rolodex of all providers, treatment sites, resources, ad hoc report writer, documents activity log, case notes, utilization monitoring, estimated cost savings worksheet, analyses outcome data.


Helmsman Management Services

225 Borthwick Ave.

Portsmouth, N.H. 03801

603-431-8400; fax: 603-431-2071

Risk management systems since: 1984

Parent: Liberty Mutual Insurance Co.

Branch offices: Pleasonton, Calif.; Atlanta; Itasca, Ill.; Weston, Mass.; New York; Berwyn and Pittsburgh, Pa.

Contact: M.W. Henry


1994 revenues:
Staff: 95 total, 90 professionals.

Clients: 750 total, all corporate risk management departments. Sold systems to 300 clients in 1994

Officers: S. Zielinski, president; W.G. Gourley, senior vp; R.J. Downey, assistant vp/manager; M.W. Henry, director-marketing.

User support: User groups/meetings*, on site training*, telephone assistance 16 hours per day*.

*Included in system price.

Software products:

RISKTRAC

System requirements: IBM compatible PC system. Operates in Windows. Online system.

Customization optional.

First Installation: 1984

Total Installations: 700; 300 in corporate risk management departments.

Claims/coverages managed: General liability, property, casualty, workers comp, auto, crime, disability.

Features: Claims administration; generates 31 standard reports and ad hoc reports; loss development, forecasting and prevention; policy tracking; reserve tracking; allocation of premium; risk analysis; loss trending; safety and loss control; data analysis and litigation management; claim inquiry and claim data available; data provided on a real-time, weekly and monthly basis. Optional modules include


ITT Specialty Risk Services Inc.

55 Farmington Ave.
Hartford, Conn. 06105

860-520-2500; fax: 860-520-2503

Risk management systems since: 1981

Parent: ITT Hartford Insurance Group

Contact: Ruth Grande, director-risk management information services, 860-520-2528.


Staff: 24 total, 15 professionals.

Clients: 80 total. Sold systems to 80 clients in 1994

Officers: Dennis R. Replogle, president; Lonnie Maytubby, senior vp; Joanne D. Larson, vp-national sales/marketing; Holly Potvin, senior vp/director-field operations; Jim Leonard, vp-account management.

User support: User groups/meetings, on site training, telephone assistance 10 hours per day**.

*Available in 1996. **Included in system price.

Software products:

LASER (Loss Analysis System to Evaluate Risk)

Price: $8,000-$25,000

System requirements: IBM compatible PC system. Operates in DOS or Windows*. Online system.

Customization optional

First Installation: 1992

Total Installations: 110, all in corporate risk management departments.

Claims/coverages managed: General liability, property, workers comp, auto.

Features: Claim management and risk analysis via online inquiry to vendor's TPA clients, access to adjuster notes, electronic mail communication, formatted and ad hoc report generation. Optional modules include historical loss triangle reports*.


Jury Verdict Research

747 Dresher Road
P.O. Box 980
Horsham, Pa. 19044-0980

215-784-0941; fax: 215-784-9639

Risk management systems since: 1988

Parent: LRP Publications

Branch offices: West Palm Beach, Fla.

Contact: John McNeff, 215-784-0941 ext. 233.


1994 revenues:
Staff: 30 total, 10 professionals.

Clients: Two total.

Officers: Ken Kahn, CEO

User support: On site training, telephone assistance nine hours per day*.

*Included in system price.

Software products:

JVR Case Evaluation/Basic Settlement Software

Price: $890
System requirements: IBM compatible PC system. Operates in DOS, Windows.

First Installation: 1988

Claims/coverages managed: Casualty

Features: Claims administration, loss development, loss forecasting, reserve tracking, self-insurance comparisons and analysis, litigation management, claim value determination.