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Risk Management Systems & Online Resources

Spotlight Report December 6, 1999

Vendors Q - Z

Risk Laboratories L.L.C.
Risk Sciences Group Inc.
Risk Technologies Inc.
RISKTRAC Inc.
RSKCo
Specialty Risk Services
Specific Software Solutions L.L.C.
Star Tech Software Systems Inc.
TECNORisk L.L.C.
The Travelers Property Casualty
Trinity Risk Systems Inc.
WLT Software

Risk Laboratories L.L.C.
Address 278 N. Marietta Parkway
City Marietta
State Ga.
ZIP 20060
Phone 770-590-5173
Fax 770-590-5174
Web www.risklabs.com
Year began 1994
software/system name RiskFolio
Price $30,000 to $200,000
IBM compatible PC system Yes
DOS No
Windows Yes
other, specify No
MacIntosh No
Mainframe No
online system Yes
Customization required No
optional No
not avaliable No
Year of first installation 1994
General Liability Yes
Workers Comp Yes
Property Yes
Auto Yes
Casualty Yes
Other No
Features claims; policies; exposures; incoming and outgoing certificates modules; reporting from all modules; enabling a comprehensive and contextual cost of risk analysis
Optional modules Yes
specify if yes rf.net incident and exposure reporting; rf.net dashboard; rf.net publisher; production module
user support Yes
user groups provided No
included in price No
onsite training Yes
price included No
phone assistance Yes
price included? No
available hours a day 9
other support1 upgrades
other support2 consulting services
total staff members 25
total pro/tech staff 23
officers George Netherton, chairman; Jan Ozer, president; Tom Pickhardt, vp-sales
contact Tom Pickhardt, 770-890-5173, ext. 315, tpickhardt@risklabs.com
Risk Sciences Group Inc.
Address 1900 E. Golf Road, Suite 700
City Schaumburg
State Ill.
ZIP 60173
Phone 800-619-0224
Fax 847-619-0534
Web www.risksciencesgroup.com
Year began 1978
Parent company Crawford & Co.
software/system name Sigma Suite
Price $30,000 to $75,000
IBM compatible PC system Yes
DOS No
Windows Yes
other, specify No
MacIntosh No
Mainframe No
online system Yes
Customization required No
optional Yes
not avaliable No
Year of first installation 1978
Total number 290
Number in departments 275
General Liability Yes
Workers Comp Yes
Property Yes
Auto Yes
Casualty Yes
Other Yes
Other txt all other lines of coverage
Features Internet access to claim creation and edit; location management including C.O.P.E. characteristics; template and ad hoc reporting; automatic report scheduling and distribution; exposure management and reporting; point-in-time reporting; automatic interfac
Optional modules Yes
specify if yes cost of risk/premium allocation; customized loss triangulation; benchmarking WC claim data; FROI including EDI; certificates of insurance; graphs
software/system name ParaRisk Suite
Price $50,000 to $75,000
IBM compatible PC system Yes
DOS No
Windows Yes
other, specify No
MacIntosh No
Mainframe No
online system No
Customization required No
optional Yes
not avaliable No
Year of first installation 1994
Total number 38
Number in departments 38
General Liability Yes
Workers Comp Yes
Property Yes
Auto Yes
Casualty Yes
Other Yes
Other txt all other lines of coverage
Features complete claims administration; reserving and check writing; diary and adjuster notes; standard and ad hoc reporting; word processing and spreadsheets; location management; policy management; user-defined forms and coding; multiple entity coding structure
Optional modules Yes
specify if yes FROI including EDI; certificates of insurance; property/exposure management; outsourced data and application management
user support Yes
user groups provided Yes
included in price Yes
onsite training Yes
price included Yes
phone assistance Yes
price included? Yes
available hours a day 10
other support1 data consolidation and management
other support2 enterprise data integration
total staff members 110
total pro/tech staff 92
total rmis clients 325
total corporate clients 309
total clients for systems 26
branch offices San Francisco; Atlanta; Chicago; New York
total 1998 revenues $ 17,500,000
1998 revenue from sales and service $ 17,500,000
% hardware sales 0
% software sales 5
% software services 95
officers Michael E. Saladino, managing director
contact Kenneth C. Ancona, national marketing manager, ken_ancona@us.crawco.com
Risk Technologies Inc.
Address 2480 Highway 287 N., Suite 400
City Mansfield
State Texas
ZIP 76063
Phone 817-477-2197
Fax 817-473-7610
Web www.riskvision.com
Year began 1988
software/system name RiskVision
Price $75,000 to $250,000
IBM compatible PC system Yes
DOS No
Windows Yes
other, specify Yes
specify txt UNIX, Novell
MacIntosh Yes
Mainframe No
online system No
Customization required No
optional Yes
not avaliable No
Year of first installation 1988
Total number 20
Number in departments 150
General Liability Yes
Workers Comp Yes
Property Yes
Auto Yes
Casualty Yes
Other No
Features claims administration; check processing; custom claim input screens; check writing; vendor management and electronic transmission of 1099 information to IRS; electronic bank reconcillation transmissions and imprest fund management; custom reports; ad hoc
Optional modules Yes
specify if yes real time integration with PeopleSoft; Oracle; etc.; human resource systems; custom information management as defined by each customer
software/system name RiskVision TPA
Price $150,000 to $500,000
IBM compatible PC system Yes
DOS No
Windows Yes
other, specify No
specify txt UNIX,. Novell
MacIntosh Yes
Mainframe No
online system Yes
Customization required Yes
optional No
not avaliable No
Year of first installation 1988
Total number 35
Number in departments 15
General Liability Yes
Workers Comp Yes
Property Yes
Auto Yes
Casualty Yes
Other No
Features check writing; vendor management and electronic transmission of 1099 information to IRS; electronic bank reconciliation transmissions and imprest fund management; custom reports; ad hoc report generation; report writer; dataexport/import to SQL/ASCII/dBas
Optional modules Yes
specify if yes custom information management as defined by each customer
software/system name RiskVision EDI
Price $75,000 to $500,000
IBM compatible PC system No
DOS No
Windows No
other, specify Yes
specify txt web enabled browser and access to the Internet
MacIntosh No
Mainframe No
online system Yes
Customization required Yes
optional No
not avaliable No
Year of first installation 1992
Total number 150
Number in departments 75
General Liability Yes
Workers Comp Yes
Property Yes
Auto Yes
Casualty Yes
Other No
Features electronic data consolidation conversion; exchange to a variety of TPA's insurance companies; regulatory agencies; index bureau; industry organizations; data is converted and edited to client or industry specific formats; available for review; analysis an
Optional modules Yes
specify if yes real time inter face with insurance company; TPA or clients legacy database; intergration with PeopleSoft; Oracle and other human resource systems.
software/system name RiskVision EAS
Price $25,000 to $50,000
IBM compatible PC system Yes
DOS No
Windows Yes
other, specify No
specify txt UNIX, Novell
MacIntosh Yes
Mainframe No
online system No
Customization required Yes
optional No
not avaliable No
Year of first installation 1992
Total number 20
Number in departments 15
General Liability No
Workers Comp No
Property No
Auto No
Casualty No
Other No
Features window based executive analysis system adaptable to any RiskVision claims gathering product. Customer specific SQL query tools are developed for repoting; analysis and graphing from the RiskVision data as well as internal client data and legacy systems
Optional modules No
user support Yes
user groups provided Yes
included in price Yes
onsite training Yes
price included Yes
phone assistance Yes
price included? Yes
available hours a day 12
total staff members 15
total pro/tech staff 11
total rmis clients 250
total corporate clients 150
total clients for systems 16
total 1998 revenues 0
1998 revenue from sales and service 100
% hardware sales 3
% software sales 64
% software services 33
officers Chuck Allen, president; R.J. Mallette, vp-product development/marketing; Ron Watts, vp-customer services
contact R.J. Mallette, 817-477-2197, ext. 102, rj_mallete@riskvision.com
footnote **estimate
RISKTRAC Inc.
Address 230 Commerce Way
City Portsmouth
State N.H.
ZIP 03801
Country
Phone 603-422-0444
Fax 603-433-4676
Web www.risktrac.com
Year began 1982
Parent company Liberty Mutual Insurance Co.
software/system name Nxt.com
IBM compatible PC system Yes
DOS No
Windows Yes
other, specify Yes
specify txt Internet
MacIntosh No
Mainframe No
online system Yes
Customization required No
optional Yes
not avaliable No
Year of first installation 1999
Total number 1,600
Number in departments 1,300
General Liability Yes
Workers Comp Yes
Property Yes
Auto Yes
Casualty Yes
Other Yes
Other txt group short- and long-term disability
Features browser-based; web-enabled RMIS products accessible via the Internet or private dial-up connection; claim inquiry; real time access to adjuster notes; daily updates of claim and payment information; access to managed care rehabilitation nurse information;
Optional modules Yes
specify if yes EIS; SafetyVision
software/system name EIS
IBM compatible PC system Yes
DOS No
Windows Yes
other, specify Yes
specify txt Internet
MacIntosh No
Mainframe No
online system Yes
Customization required No
optional Yes
not avaliable No
Year of first installation 1998
Total number 100
General Liability Yes
Workers Comp Yes
Property Yes
Auto Yes
Casualty Yes
Other No
Features top down approach to viewing claims and loss information; drill down on information and receive graphical and tabular presentation of claims information for single or multiple lines of business; trend information to view patterns in claims data; set alert
Optional modules Yes
specify if yes Nxt.com; SafetyVision
user support Yes
user groups provided Yes
included in price Yes
onsite training Yes
price included No
phone assistance Yes
price included? Yes
available hours a day 13
other support1 online help system
other support2 users guide and training guide
total rmis clients 700
total corporate clients 600
contact Alicia Rawnsley
RSKCo
Address 333 S. Wabash
City Chicago
State Ill.
ZIP 60604
Phone 800-727-3071
Fax 312-817-1048
Web www.rskco.com
Year began 1996
Parent company CNA Financial Corp.
software/system name Clearview
Price $12,000
IBM compatible PC system Yes
DOS No
Windows Yes
other, specify No
MacIntosh No
Mainframe No
online system Yes
Customization required No
optional Yes
not avaliable No
Year of first installation 1995
Total number 740
Number in departments 340
General Liability Yes
Workers Comp Yes
Property Yes
Auto Yes
Casualty Yes
Other Yes
Other txt intergrated disability management
Features individual claims viewing; real time adjuster notes; loss development; including loss triangles; standard and custom reports; drill down features; customer specific data through custom reporting function; view and print location structures; communications
Optional modules No
software/system name RSKTEK
Price $12,000
IBM compatible PC system Yes
DOS No
Windows Yes
other, specify No
MacIntosh No
Mainframe No
online system Yes
Customization required No
optional No
not avaliable No
Year of first installation 1995
Total number 111
Number in departments 50
General Liability Yes
Workers Comp Yes
Property Yes
Auto Yes
Casualty Yes
Other Yes
Other txt integrated disability management
Features individual claims viewing; real time adjuster notes; detail payment review; loss triangles; standard and custom reports; drill down features; customer specific data can be input or inmported into the database; communicate with adjusters through Internet a
Optional modules No
user support Yes
user groups provided Yes
included in price No
onsite training Yes
price included No
phone assistance Yes
price included? Yes
available hours a day 11
total staff members 45
branch offices Livonia, Mich
1998 revenue from sales and service $ 11,000,000
% software sales 100
officers Robert Kulbick, CEO; Randall Hollenbeck, senior vp; George D. Keebler, senior vp
contact Nancy B. Gicewicz, assistant vp/senior consultant-consulting services, 312-822-6442
Specialty Risk Services
Address Goodwin Square, 225 Asylum St., 16th Floor
City Hartford
State Conn.
ZIP 06103
Phone 860-520-2500
Fax 860-520-2503
Web www.specialtyriskservices.com
Year began 1992
Parent company The Hartford
software/system name LASER (Loss Analysis System to Evaluate Risk)
Price $18,000
IBM compatible PC system Yes
DOS No
Windows No
other, specify Yes
MacIntosh No
Mainframe No
online system Yes
Customization required No
optional Yes
not avaliable No
Year of first installation 1992
Total number 500
Number in departments 500
General Liability Yes
Workers Comp Yes
Property Yes
Auto Yes
Casualty Yes
Other Yes