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ITT
Specialty Risk Services Inc.
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55 Farmington Ave., Suite 300, Hartford, Conn.
06105; 860-520-2500; fax: 860-520-2503
Risk management systems since: 1981.
Parent: ITT Hartford Insurance Group.
Software products:
LASER (Loss Analysis System to
Evaluate Risk).
Price: $8,000 to $25,000.
System requirements: IBM compatible PC
system; operates in Windows. Online system.
Customization optional.
First installation: 1992.
Total installations: 150; all in
corporate risk management departments.
Claims/coverages managed: General
liability, property, workers comp, auto.
Features: Claim management and risk
analysis via online inquiry capabilities, access to adjuster's
notes, e-mail communication, formatted and ad hoc report
generation. Optional modules include risk financing for the
development of loss triangle reports.
User support: User groups/meetings*,
on site training*, telephone assistance*.
Staff: 24 total, 15 professionals.
Clients: 50 total, all in corporate
risk management departments. Sold systems to 50 clients in 1995.
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.
Contact: Ruth Grande, director-risk
managment information services, 860-520-2528.
* Included in system price.
InfoRisk
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250 Boylston St., Boston, Mass. 02116; 617-437-0660; fax:
617-437-0812
Risk management systems since: 1989.
Software products:
Arkrisk.
Price: $15,000.
System requirements: IBM compatible PC
system; operates in Windows.
Customization optional.
First installation: 1989.
Total installations: 80; 70 in
corporate risk management departments.
Claims/coverages managed: General
liability, property, workers comp, auto, crime, marine.
Features: Claims administration;
manages exposures, loss control, policies and premium allocation;
querying and reporting tools for analysis of risk management
program across all lines of insurance; handles multiple languages
and currencies; provides screen label customization.
User support: User groups/meetings*,
onsite training, telephone assistance seven hours per day*.
Staff: 15 total, five professionals.
Clients: 80 total, including 70
corporate risk management departments. Sold systems to 15 clients
in 1995.
Branch offices: London; Paris.
1995 revenues: $1 million total.
$900,000 from risk management information systems sales and
services, 30% from software sales, 70% from software services.
Officers: Olivier Adler, CEO.
Contact: Cynthia Carroll.
* Included in system price.
Insurance
Data Services
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27461 Calle Arroyo, Suite 103, San Juan
Capistrano, Calif. 92675; 800-996-9964; fax: 714-493-6987
Risk management systems since: 1990.
Parent: JenQuest Inc.
Software products:
The On Line Certificate Management
System.
System requirements: IBM compatible PC
system; operates in Windows. Online system.
Customization optional.
First installation: 1995.
Total installations: Five; all in
corporate risk management departments.
Claims/coverages managed: Management
of incoming certificates to all coverages.
Features: Provides online access to
historical insurance and current insurance status for user's
product and service vendors. Online access to image file of all
certificates received. Certificates can be accessed online and
imaged at user's remote location. Optional modules include
contractor license monitoring.
User support: User groups/meetings*,
on site training*, telephone assistance*.
Staff: Five total, three
professionals.
Clients: Six total. Sold systems to
five clients in 1996.
1995 revenues: 100% from software
sales.
Officers: Robert M. Ward, president;
Jesse Krause, principal; Tim Wilkes, vp.
Contact: H. Lee Roth,
director-sales/marketing.
* Included in system price.
Johnson
& Higgins
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125 Broad St., New York, N.Y. 10004-2424;
212-574-7000; fax: 212-574-7099
Risk management systems since: 1984.
Software products:
J&H*STARS.
Price: $37,500.
System requirements: IBM compatible PC
system; operates in Windows.
Customization optional.
First installation: 1990.
Total installations: 1000, all in
corporate risk management departments.
Claims/coverages managed: General
liability, property, workers comp, auto, product liability,
hospital professional liability, employers liability, E&O, D&O.
Features: Data integration, claim
administration, incident reporting, fee schedule review, check
writing, executive reporting, graphical reporting, safety/loss
control, financial/actuarial reporting, loss
triangulation/development, policy management, diary, litigation
management, customized premium allocation, client/server
architecture, graphical user interface, online help, object
linking and embedding, clipboard support and scanning
capabilities.
J&H*AUDIT.
Price: $35,000.
System requirements: IBM compatible PC
system; operates in DOS or Windows.
Customized system.
First installation: 1994.
Total installations: 50, all in
corporate risk management departments.
Claims/coverages managed: General
liability, property, workers comp, auto, products liability,
hospital professional liability, employers liability, E&O, D&O.
Features: Can be customized to address
any auditing need; focuses on workers compensation and casualty
loss control needs; modules include J&H*Audit Designer, J&H*Audit
Pro and J&H*Audit Tracker.
User support: User groups/meetings,
onsite training*, telephone assistance 10 hours per day*.
Staff: 150 total, 120 professionals.
Clients: 1,500 total. Sold systems to
100 clients in 1995.
Branch offices: Los Angeles; San
Francisco; Denver; Hartford and Stamford, Conn.; Washington;
Atlanta; Honolulu; Chicago; Boston; Detroit; Minneapolis;
Parsippany, N.J.; Charlotte, N.C.; Cleveland; Philadelphia;
Pittsburgh; Nashville, Tenn.; Dallas; Houston; Richmond, Va.;
Seattle; Toronto; London.
Officers: Alan G. Page, director/chief
information officer; Robert G. Petrie, senior vp; Paul Steinman,
vp/manager-client systems; Patrick J. O'Neill, vp/national sales
manager.
Contact: Paul Steinman, 212-574-8199;
Patrick O'Neil, 404-586-8340; Jeff Markowitz, 44-171-945-7820.
* Included in system price.
Jury
Verdict Research
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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.
Software products:
JVR Case Evaluation Software.
Price: $599.
System requirements: IBM compatible PC
system; operates in DOS or 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.
User support: Onsite training,
telephone assistance nine hours per day*.
Staff: 30 total, 10 professionals.
Branch offices: West Palm Beach, Fla.
Officers: Ken Kahn, CEO/president.
Contact: Gary Bagin, 215-784-0941 ext.
370
* Included in system price.
Kemper
Insurance Co.
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1 Kemper Drive, Long Grove, Ill. 60049-0001;
847-320-2000; fax: 847-320-2494
Risk management systems since: 1976.
Software products:
KRMSystem.
Price: $9,000.
System requirements: IBM compatible PC
system; operates in Windows. Online system.
First installation: 1994.
Total installations: 745; 104 in
corporate risk management departments.
Claims/coverages managed: General
liability, property, workers comp, auto.
Features: Managed care, litigation,
reserve payment, claim activity and adjuster notes integrated into
one system; loss prevention tracking and reserve tracking;
incident, occurrence and claims management; user defined claim
selection; safety and loss control tracking/reporting, report
generation; ad hoc reporting and downloading capabilities; OSHA
200 reporting; viewing of checks; data input capabilities from
other sources, insurance and risk management analysis available
through account dedicated Risk Information Service Specialists;
remote access via laptops; separate e-mail capabilities.
User support: User groups/meetings*,
onsite training, telephone assistance 12 hours per day*.
Staff: 68 total, 54 professionals.
Clients: 111 total, including 78
corporate risk management departments. Sold systems to 29 clients
in 1995.
Branch offices: Los Angeles; Chicago;
Summit, N.J.; Garland, Texas.
Officers: David B. Mathis,
chairman/CEO; William D. Smith, president/COO; Walter L. White,
executive vp/CFO; James F. Kemper III, Elizabeth M. Lindner, Peter
M Mooney, executive vps.
Contact: Bill Kahl, 847-320-3454.
Lindsey
Morden
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3910 Brookside Drive, P.O. Box 6030, Tyler,
Texas 75701; 903-561-6700; fax: 903-561-9407
Software products:
FLEX.
Price: $35,000.
System requirements: IBM compatible PC
system; operates in DOS or Windows. Online system.
Customized system.
First installation: 1990.
Total installations: 130; 60 in
corporate risk management departments.
Claims/coverages managed: General
liability, property, workers comp, auto.
Features: Manages claims, tracks
policy information and reserves tracking, loss reporting,
offline/ad hoc reporting, online window view, remote entry of
claims/employers first reports, built-in SIU triggers, litigation
management.
User support: User groups/meetings, on
site training*, telephone assistance 12 hours per day*.
Staff: 24 total, 20 professionals.
Clients: 760 total. Sold systems to 23
clients in 1995.
1995 revenues: $150,000,000.
Contact: Paul R. Maggi.
* Included in system price.
Lumtron
Technologies Inc.
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P.O. Box 309, Woodstock, Ill. 60098;
815-568-2602; fax: 815-568-2604
Risk management systems since: 1984.
Software products:
Claims Master.
Price: $10,000.
System requirements: IBM compatible PC
system; operates in Windows.
Customization optional.
First installation: 1984.
Total installations: 100; 50 in
corporate risk management departments.
Claims/coverages managed: General
liability, property, workers comp, auto.
Features: Claims processing/reporting,
integrated diary system, transaction log for history of each
claim, integrated word processing, industry standard and user
defined claim category codes, ad hoc reporting, actuarial
forecasting and analysis, spreadsheets and graphics supports,
monitors claim payments and reserves. Optional modules include
interface with actuarial system and service, remote reporting and
risk analysis, workers' compensation medical cost analysis.
User support: Onsite training
telephone assistance eight hours per day.
Staff: 10 total, all professionals.
Clients: 100 total, including 50
corporate risk management departments.
1995 revenues: 30% from hardware
sales, 40% from software sales, 30% from software services.
Officers: Daniel S. Deserto,
president; Janine M. Jozwiak, CEO/treasurer.
Contact: Daniel S. Deserto,
815-568-2602 ext. 4046
MBA
Inc.
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36 Midvale Road, Suite 1G, Mountain Lakes, N.J.
07046-1330; 201-335-6423; fax: 201-335-9665
Risk management systems since: 1988.
Software products:
Customized systems.
System requirements: IBM compatible PC
system; operates in DOS or Windows.
Customized system.
First installation: 1988.
Claims/coverages managed: General
liability, property, workers comp, auto, ocean marine, inland
marine.
Features: Loss transaction database
management, loss development triangle production, IBNR
projections, future lost cost projections, workers comp long-term
disability and survivors' benefits; experience rating plan testing
and development; management reports.
User support: Onsite training,
telephone assistance eight hours per day, electronic mail*.
Staff: Five total, all professionals.
1995 revenues: 75% from software
sales, 25% from software services.
Officers: Charles Cook, president.
Contact: Peter Bennett.
MedView
Services Inc.
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32991 Hamilton Court, Suite 300, Farmington
Hills, Mich. 48334; 810-488-5260; fax: 810-488-5261
Risk management systems since: 1985.
Parent: Beverly Enterprises Inc.*
Software products:
MedView 2000 (Medistar).
System requirements: IBM compatible PC
system; operates in DOS, Windows or Windows NT.
Customized system.
First installation: 1986
Total installations: 30 total.
Claims/coverages managed: General
liability, property, workers comp, auto, group health.
Features: Fully automated PPO
repricing; UR; electronic filing; fee scheduled validation of
rules and values; medical bill history; duplicate checking; ad hoc
reporting; state of the art security feature; expanded client
set-up; expert user driven rule generator, including state fee
schedules and users bill review criteria; batch processing;
enhanced invoicing capabilities; complete ususal and customary
capability. Optional modules include pharmacy module for repricing
bills. System can be integrated with CompStar.
Software products:
CompStar.
System requirements: IBM compatible PC
system; operates in DOS, Windows, Windows '95 or Windows NT.
Customized system.
First installation: 1985.
Total installations: 60; 50 in
corporate risk management departments.
Claims/coverages managed: Workers
comp.
Features: Reinsurance tracking;
automated indemnity payment capabilities; enhanced security;
claims adjudication; full fee schedule rates integration; EOBs,
PPO and correspondence module, reserve tracking, OSHA reporting,
first report of injury.
Software products:
MultiStar.
System requirements: IBM compatible PC
system; operates in DOS, Windows or Windows NT. Online system.
Customized system.
First installation: 1985.
Total installations: Nine.
Claims/coverages managed: General
liability, property, workers comp, auto.
Features: Legal module, report writer,
claims entry, reserve tracking, payment inquiry, correspondence
module, reinsurance module, report generation, allows multiple
claimants per claim, allows multiple payments to single provider
on one check.
User support: User groups/meetings**,
onsite training**, telephone assistance 10 hours per day**.
Staff: 60 total, 55 professionals.
Clients: 92 total. Sold systems to 10
clients in 1995.
Branch offices: El Segundo, Calif.;
Tampa, Fla.; Chicago; Houston.
1995 revenues: 80% from software
sales, 20% from software services.
Officers: Debra Cerre-Ruedisili, COO;
Michael Fishburn, Polly Jantzen, Michael Leep, Jerry Page, Russ
Whatmore, Valerie Wilson, vps.
Contact: Eileen Marie Hanrahan,
810-488-5260 ext. 514.
- A purchase agreement has been signed for Value Health to
acquire Medview Services Inc. The closing date has not been
scheduled.
- * Included in system price.
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