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Risk Financing

Riskonnect's Risk Management Information System (RMIS) Has the Numbers and the Reports to Deliver Your Risk Financing Needs

Is it a hassle to generate all the triangles your actuaries want? Do you have challenges verifying current triangles to prior evaluations? Do you want one incurred amount for a claim instead of the layered approach with your retention amount, the primary insurers amount and the excess amount? Are you considering filing for self-insured status in more states, but can't get the numbers to complete the cost-benefit projections? Do you need an effective cost allocation methodology that includes losses, premiums, brokerage fees and more?

Many RMIS capabilities and reports simply don't address the complexities of risk financing alternatives. Many RMIS account teams simply don't understand risk financing. We invite you to explore the difference with Riskonnect.

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Areas of Risk Financing

 

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Captive administration and management reports

• Flexible loss and claim count triangles
• Layer and limit analysis for self-insured retentions
• Premium to actual loss experience comparisons
• Excess carrier notification and reporting
• Per claim, per occurrence and policy aggregate reporting
• Current-period and prior-period comparisons
• Allocation methods that reinforce your business model
• Flexible calendars for operational, policy and fiscal reporting


 

 

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Unsurpassed Risk Management Technology and Security

• $400 million investment in platform
• Proven scalability with over 1.5 million users
• No hardware required - Software as a Service (SaaS)
• SAS 70 Type II Certification
• ISO 27001 Certification
• Proven high performance and availability
• Complete disaster recovery-seven global data centers