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111 Pacifica, Third Floor, Irvine, Calif. 92718; 714-753-8010;
fax: 714-753-8020
Risk management systems since: 1987
Staff: 107 total, 91 professionals
- User support:
- User groups/meetings*, onsite training*, telephone assistance 24
hours per day*. *Included in system price.
- 1993 revenues:
- Risk management systems revenues: 3% from hardware sales, 95%
from software sales, 2% from software services.
- Officers:
- Mark Hammond, CEO; Sean Downs, vp-sales/marketing; Vince Bianco,
vp-operations; Ken Saunders, CFO; John Huffman, vp-client services.
Contact: Sean Downs
Software products:
MIRA (Micro Insurance Reserve Analysis)
- System specification:
- IBM compatible PC-single user or LAN; or mainframe. Online
system. Operates in DOS, Windows or OS/2.
- Claims/coverages managed:
- Workers comp, auto.
- Features:
- Automated loss reserving system for workers' compensation.
Optional modules include automated loss reserving system for auto
insurance bodily injury claims.
Customization optional
First installation: 1990
5620 Glenridge Drive, Atlanta, Ga. 30342; 404-847-4511; fax:
404-847-4028
Risk management systems since: 1978
Staff:
140 total, 120 professionals
Clients: 240 total, 230 including
corporate risk management departments. Sold systems to 30 clients in
1993.
Parent: Crawford & Co.
- User support: User groups/meetings; onsite training*; telephone
assistance*; advisory board; intermediate, advanced and executive
training. *Included in system price.
- 1993 revenues: $16 million total. $1.5 million from risk
management information systems sales and services, 30% from software
sales, 70% from software services.
- Officers: Jack Tatum, president; John Huecksteadt, vp; Michael
Keating, Leo Jeffers, Wayne Radosky, vps; Roger Dunkin, Carol Eskola,
assistant vps.
Contact: Jack Tatum
Software products:
Sigma
Price: $30,000
- System specifications:
- Online system. Operates in DOS, Windows or VM/CMS.
- Claims/coverages managed:
- General liability, property, casualty, workers comp, auto.
- Features:
- Data consolidation, code mapping, ad hoc reporting, claims
administration, claim takeover processing, loss triangles and
forecasting, safety analysis, check processing, diary, litigation
management, GASB and FASB compliance, allocation, risk management
consulting, quantitative analysis. Optional modules include
allocation, expeditor, adjuster notes, managed care tracking,
workers comp self-insured regulatory reporting.
Customization optional
First installation: 1978
Total
installations: 240; 235 in corporate risk management departments
2480 Highway 287 N., Mansfield, Texas 76063; 817-473-0204; fax:
817-473-7610
Risk management systems since: 1988
Staff: 12
total, nine professionals
Clients: 117 total. Sold systems to
20 clients in 1993.
- User support:
- User groups/meetings, onsite training*, telephone assistance 11
hours per day*. *Included in system price.
- 1993 revenues:
- 95% from risk management information systems sales and services,
of which 5% is from hardware sales, 75% from software sales, 20%
from software services.
- Officers:
- Chuck Allen, president; Mickey Mikesell, executive vp; Leslie
Holden, director-sales/marketing.
Contact: Leslie Holden
Software products:
Risk Vision
Price: $7,500-$35,000, varies with amount of customization
- System specifications:
- IBM compatible PC, 640K RAM-DOS, 4MB RAM-Windows; Macintosh PC;
UNIX; single user and numerous LAN versions. Online system.
- Claims/coverages managed:
- General liability; property; casualty; workers comp (including
insured, S/I and longshoremen's); Texas non-subscriber injury
benefits; auto liability; hospital incidents; student injuries;
medical malpractice.
- Features:
- Claims administration; check processing; custom claim input
screens; laser check writing; vendor management and electronic
transmission of 1099 information to IRS; elec- tronic bank
reconciliation transmissions and imprest fund management; custom
reports; ad hoc report generation; data exports to ACSII, dBASE and
1-2-3 files. Allows remote access, laptop portability, reserve
worksheets, notes and diary routines, exposure information
management, premium and policy management, cost allocation, loss
development and control, OSHA reporting and record keeping, state
fee schedule verification and payment discounts and form letter
generation features. Options include RiskVision EAS analysis system
(listed below).
Customization optional
First installation: 1989
Total
installations: 89, all in corporate risk management departments
Risk Vision TPA
Price: $15,000-$50,000, varies with amount of customization
- System specifications:
- IBM compatible PC, 640K RAM-DOS, 4MB RAM-Windows; Macintosh PC;
UNIX; single user and numerous LAN versions. Online system.
- Claims/coverages managed:
- General liability, property, casualty, workers comp (including
insured, S/I and longshoremen's), Texas non-subscriber injury
benefits; auto liability; hospital incidents; student injuries;
medical malpractice.
- Features:
- Claims administration; check processing; custom claim input
screens; laser check writing; vendor management and electronic
transmission of 1099 information to IRS; integrated invoicing and
accounting; TPA office management; E-mail; generation of state
required forms and reports; state fee schedules or integration
medical cost management service providers. Also provides electronic
bank reconciliation transmissions; custom reports; ad hoc report
generation; data exports to ACSII, dBASE and 1-2-3 files; remote
access; laptop portability; reserve worksheets; diary and calendar
functions; exposure information management; premium and policy
management; cost allocation; loss development and control; OSHA
reporting and record keeping and form letter generation features.
Options include RiskVision EAS analysis system (listed below).
Customization optional
First installation: 1988
Total
installations: 18; nine in corporate risk management departments
RiskVision EAS
Price: $3,500-$8,500, varies with amount of customization
- System specifications:
- IBM compatible PC, 4MB RAM, single user or network with Windows
3.1, Windows for WorkGroups or Windows NT; or Mac-intosh PC. Online
system.
- Claims/coverages managed:
- General liability, property, casualty, workers comp (including
insured, S/I and longshoremen's), Texas non-subscriber injury
benefits; auto; hospital incidents; student injuries; medical
malpractice, 24-hour coverage.
- Features:
- Performs claims analysis. Adaptable to any RiskVision claims
gathering system.
Customization optional
First installation: 1992
Total
installations: 12; 10 in corporate risk management departments
123 N. Wacker Drive, Chicago, Ill. 60606; 312-701-4000; fax:
312-701-4580
Risk management systems since: 1984
Staff:
46 total, 30 professionals
Clients: 340 total, including 100
corporate risk management departments. Sold systems to 67 clients in
1993.
Parent: Aon Corp.
- User support:
- User groups/meetings*; onsite training*, telephone assistance
nine hours per day*. *Included in system price; user groups/meetings
available for Riskan/Globetrac only; telephone as-sistance available
eight hours per day for Riskan/Globetrac.
- Officers:
- Arthur F. Quern, chairman/CEO; Donald R. Bell, vice-chairman;
Richard A. Riley, president.
Contact: ALARM: Neil I. Harrison, 44-71-705-7444 (London);
Riskan/Globetrac: Frank Strenk, 312-456-1306 (Chicago)
Software products:
ALARM
Price: $12,000
- System specifications:
- IBM compatible 486 PC, 4MB RAM. Operates in DOS.
- Claims/coverages managed:
- General liability, property, casualty, workers comp, auto, cargo.
- Features:
- Claims administration; loss development; loss forecasting;
reserve tracking; allocation of premiums; loss trending; incident
reporting; report generation, including summaries, graphic, file
exports, ad hoc and pre-defined reports; diary; multi-language;
multi-currency; automated documentation; data import and export
capabilities.
Customization optional
First installation: 1989
Total
installations: 85; 60 in corporate risk management departments
Riskan/Globetrac
Price: $15,000-$125,000
- System specifications:
- IBM compatible 486 PC, 4MB RAM. Operates in DOS or Windows.
- Claims/coverages managed:
- General liability, property, casualty, workers comp, auto.
- Features:
- Loss development, forecasting, prevention and trending; policy
and reserve tracking; allocation of premiums; risk analysis;
self-insurance comparisons and analysis; safety and loss control;
incident reporting; report generation; data analysis; diary
features; litigation management. Optional modules allow for ad hoc
report generation, data imports or exports to spreadsheets and
graphics.
Customization optional
First installation: 1984
Total
installations: 60; 40 in corporate risk management departments
1290 Ave. of the Americas, New York, N.Y. 10104; 212-830-1178;
fax: 212-830-1290
Risk management systems since: 1979
Staff: 10 total, nine professionals
Clients: 35 total, 20
including corporate risk management departments. Sold systems to
five clients in 1993.
Parent: Sedgwick Group P.L.C.
- User support:
- Onsite training*, telephone assistance 10 hours per day*, RMIS
consulting. *Included in system price.
- Officers:
- R. Jane Hill, corporate senior vp/director-risk service; Alan R.
Josefsek, executive vp-information systems.
Contact: Alan Josefsek
Software products:
Inform
Price: $20,000
- System specifications:
- IBM compatible PC or RS 6000. Operates in DOS or UNIX.
- Claims/coverages managed:
- General liability, property, casualty, workers comp, auto.
- Features:
- Risk, claims and premium allocations management; actuarial loss
forecasting; exposure tracking; customized and ad hoc reports; risk
finance and control. Options include litigation management
Customization optional.
First installation: 1979
Total
installations: 37; 22 in corporate risk management departments
912 12th Ave. S., P.O. Box 907; Nampa, Idaho 83651; 208-463-8060;
fax: 208-463-8015
Risk management systems since: 1993
Staff: Four total, two professionals
Clients: One total, system
purchased in 1993.
- User support:
- Onsite training*, telephone assistance nine hours per day,
assistance via modem, complete installation and integration services
including data conversion. *Included in system price.
- 1993 revenues:
- $350,000 total. $45,000 from risk management information systems
sales and services, 80% from software sales, 20 % from software
services.
- Officers:
- Joseph E. Weatherby
Software products:
Multi-Risk Manager
Price: $25,000
- System specifications:
- IBM compatible PC, 8MB RAM; single user and LAN versions.
Operates in Windows.
- Claims/coverages managed:
- All lines, including general liability, property, casualty,
workers comp, auto.
- Features:
- Claims management and payment; risk tracking and financing;
access to file contact, correspondence and documentation; loss
control; litigation management; incident reporting; safety and loss
prevention; policy and reserve tracking; allocation of premium; risk
analysis; payment routing sign-off notification. Accepts input via
disk, manual entry, scanners, faxes, modems, electronic mail and
voice. Can be fully integrated with MS Word and MS Mail.
Customized system
First installation: 1993
Total
installations: One, in corporate risk management department
234 Garden St., Roslyn Heights, N.Y. 11577; 516-484-5177
Risk
management systems since: 1985
- User support:
- Telephone assistance 12 hours per day, training, consultation,
data entry service.
- Officers:
- Thomas Seligman
Software products:
CTRACK-Certificates of Insurance Tracking
Price: $695
- System specifications:
- IBM compatible PC; single user and LAN versions. Operates in DOS,
Windows or OS/2.
- Features:
- Tracks certificates received; follows up for renewal certificates
as policies expire; management reports for tracking past, current
and future activity; provides access to A.M. Best ratings for all
property/casualty insurance companies.
Customization optional
First installation: 1988
Total
installations: 130; 125 in corporate risk management departments
Advanced CTRACK-Certificates of Insurance Tracking
Price: $1,195
- System specifications:
- IBM compatible PC, single user and LAN versions. Operates in DOS,
Windows or OS/2.
- Features:
- Includes the same features as basic CTRACK plus automatic
checking of certificates for compliance with requirements, checks
and records coverage clauses and policy limits, tracks and verifies
any type of form such as OSHA safety forms and drug testing forms.
Customization optional
First installation: 1989
Total
installations: 60; 50 in corporate risk management departments
ACCESS-The Claims Information System
Price: $5,000
- System specifications:
- IBM compatible PC; single user and LAN versions. Operates in DOS,
Windows or OS/2.
- Features:
- Full-featured risk management information system for
organizations managing insured accounts, providing third party
administration or who are self-administered. Full financial and
safety reporting, check/voucher writing system available for users
issuing payments.
Customization optional
First installation: 1986
Total
installations: 18; six in corporate risk management departments
CERTS - Certificates of Insurance Issuing
Price: $1,900
- System specifications:
- IBM compatible PC; single user and LAN versions. Operates in DOS,
Windows or OS/2.
- Features:
- Designed to issue large volumes of certificates of insurance
forms 25 and 25S as well as custom forms and letters; maintains an
audit trail of certificates issued; management reports aid the
issuing process.
Customization optional
First installation: 1987
Total
installations: 12; eight in corporate risk management departments
P.O. Box 198221, Nashville, Tenn. 37219-8221; 800-929-4052; fax:
615-793-7962
Risk management systems since: 1989
Staff:
Five total, two professionals
Clients: 800 total, 200 including
corporate risk management departments. Sold systems to 300 clients
in 1993.
- User support:
- Telephone assistance 10 hours per day*. **Included in system
price.
- 1993 Revenues:
- Risk management information systems revenue: 100% from software
sales
- Officers:
- Timothy L. Coomer, president; Sandra S. Coomer, corporate
secretary.
Contact: Timothy L. Coomer
Software products:
ModMaster Plus
Price: $595
- System specifications:
- IBM compatible PC, 1MB; single user and LAN versions. Operates in
DOS or Windows.
- Claims/coverages managed:
- Workers comp.
- Features:
- Computes workers compensation modification factors.
First installation: 1990
Total installations: 800; 200 in
corporate risk management departments
3465 Torrance Blvd., Suite N, Torrance, Calif. 90503;
310-540-8803; fax: 310-543-2391
Risk management systems since:
1986
Staff: Nine total, all professionals
Clients: 82
total, including 61 corporate risk management departments. Sold
systems to 14 clients in 1993.
- User support:
- Onsite training, telephone assistance nine hours per day*. *First
90 days included in system price.
- 1993 revenues:
- $2 million total. $1 million from risk management information
systems sales and services, 95% from software sales, 5% from
software services.
- Officers:
- Frederick Fisher, president; Aubrey Payne, vp.
Contact: Frederick Fisher
Software products:
ForeRisk Claim Tracking
Price: $4,495
- System specifications:
- IBM compatible PC; single user-640K RAM, LAN-512K RAM. Operates
in DOS.
- Claims/coverages managed:
- General liability, property, casualty, workers comp, auto.
- Features:
- Claims administration, reserve tracking and audit trails, loss
runs, claim size distribution and statistical reporting, unlimited
ad hoc reporting. Optional modules include networking and check
issuance.
Customization optional
First installation: 1991
Total
installations: 22; 18 in corporate risk management departments
ForeRisk Forecasting
Price: $4,200
- System specifications:
- IBM compatible PC; single user-640K RAM, LAN-512K RAM. Operates
in DOS.
- Claims/coverages managed:
- General liability, property, casualty, workers comp, auto.
- Features:
- Actuarial forecasting, time series analysis of reserve trends,
IBNR estimates, spreadsheet capability.
Customization optional
First installation: 1988
Total
installations: 52; 51 in corporate risk management departments.
ForeRisk Certificate of Insurance Tracking
Price: $895
- System specifications:
- IBM compatible PC; single user-640K RAM, LAN-512K RAM. Operates
in DOS.
- Features: Tracks all required incoming certificates of insurance
and other paperwork; allows automatic reminder letters, management
reports, ad hoc inquiries and reviews of historical records. Optional
modules include networking.
Customization optional
First installation: 1989
Total
installations: 110; 98 in corporate risk management departments
ForeRisk Cost Allocation
Price: $1,495
- System specifications:
- IBM compatible PC; single user-640K RAM, LAN-512K RAM. Operates
in DOS.
- Claims/coverages managed:
- General liability, property, casualty, workers comp, auto, excess
liability.
- Features:
- Allocates of insurance costs between departments, subsidiaries,
or other unlimited units of a corporate structure.
Customization optional
First installation: 1992
Total
installations: 76; 70 in corporate risk management departments
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