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Risk Management Systems & Online Resources

Spotlight Report December 7, 1998

Vendors K - N

MBA Inc.
MountainView Software Corp.
Near North Insurance Brokerage Inc.
Nichols InfoTec


MBA Inc.

36 Midvale Road, Suite 1G, Mountain Lakes, N.J. 07046-1330; 973-335-6423; fax: 973-335-9665

Risk management systems since: 1988.

Software products:

Customized systems.

System requirements: IBM-compatible PC system; operates in DOS, Windows.

Customized system.

First installation: 1988.

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

Features: Customized systems including loss transaction database management, loss development triangle production, IBNR projections, future loss cost projections, workers compensation long-term disability and survivors' benefits, experience rating plan testing and development; management reports.

User support: Onsite training, telephone assistance eight hours per day.

Staff: Five total; five professionals.

Officers: Charles Cook, president.

Contact: Peter Bennett.

MountainView Software Corp.

1133 N. Main St., Suite 103, Layton, Utah 84041; 888-533-1122; fax: 801-544- 3138

Risk management systems since: 1996.

Software products:

Workers Companion.

Price: $695.

System requirements: IBM-compatible PC system; operates in Windows.

Customization optional.

First installation: 1996.

Total installations: 3,000; 2,500 in corporate risk management departments.

Claims/coverages managed: Workers comp.

Features: Claims administration; loss/run information; reserve tracking; risk analysis; incident reporting; first report of injury for all 50 states; OSHA 200 log; claim management; ad hoc reporting; financial tracking; calendar/tickler; to-do list; import/export; Internet e-mail claims.

User support: Onsite training, telephone assistance eight hours per day*.

Staff: Five total, four professionals.

Clients: 2,500 total. Sold systems to 2,500 clients in 1997.

Officers: Steve Schmutz, president; Terry Preece, vp.

Contact: Steve Schmutz.

* Included in system price.

Near North Insurance Brokerage Inc.

875 N. Michigan Ave., Chicago, Ill. 60611; 877-456-2379 or 312-280-5600; fax: 312-280-5602

Risk management systems since: 1995.

Parent: Near North National Group.

Software products:

WorldLink.

Price: $475 per subscription group; subscription available.

System requirements: IBM-compatible PC system; operates in DOS, Windows. Macintosh. Online system.

First installation: 1996.

Total installations: 385.

Features: Information on more than 180 countries on insurance changes, general insurance, property and casualty regulations, bonding and marine regulations, captive domiciles, social security legislation; customized reports.

User support: Telephone assistance eight hours per day*, e-mail assistance*.

Staff: 30 total, 28 professionals.

Clients: 85 total.

Easy Actuary.

System requirements: IBM-compatible PC system; operates in Windows.

management departments.

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

Features: Casualty loss analyses, including forecasts and liability accruals; analyze alternative retentions on deductible levels and identify loss trends; loss triangulation capabilities for company-specific loss development factors for incurred and paid losses and number of claims.

User support: 30-day support, telephone assistance eight hours per day*.

Staff: Three total, three professionals.

Branch offices: Los Angeles; Washington; Chicago; New York; Dallas and Houston.

Officers: Michael Segal, chairman/CEO; Ruth Tave, Sheila Kelly, Matt Walsh, group executive vps/managing directors.

Contact: Kristen Restivo.

* Included in system price.

Nichols InfoTec

6360 I-55 N., Suite 300, Jackson, Miss. 39211; 601-957-7400; fax: 601-899-7013

Risk management systems since: 1985.

Parent: Nichols Research.

Software products:

Paccasso.

System requirements: IBM-compatible PC system; operates in Windows, Windows 95, Windows 3.1. Mainframe AS/400.

Customization optional.

First installation: 1985.

Total installations: 70; 60 in corporate risk management departments.

Claims/coverages managed: General liability, property, casualty, workers comp, auto, marine, cargo, crime, professional liability.

Features: Administration and risk management functions on more than 120 hardware platforms. Handles loss development; loss forecasting; subrogation; experience rating; reserve tracking; allocation of premium and risk; medical bill analysis; self-insurance comparisons; loss trending; safety and loss; PPO repricing; OSHA 200 reports; diary; notes; litigation; check processing and report generation. Optional modules include utilization review; unit stat reporting, IAIABC data collection.

User support: User groups/meetings, onsite training, telephone assistance, maintenance.

Staff: 50 total, 200 professionals.

Clients: 60 total. Sold systems to 10 clients in 1997.

Branch offices: Birmingham, Ala.; Jackson, Miss.


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