Riskonnect

Captive Management

Riskonnect Platform

Riskonnect Captive Management Helps Ensure that Your Captive is an Ongoing Source of Profit

Take control of your insurance costs. Know your losses within retention, within captive exposure, and handled by excess carriers. Riskonnect Captive Management provides real-time reports, automated workflow and tracking.

Don’t get left behind – see what Riskonnect’s web-based, enterprise-class technology can do for your captive.

Better Analysis,Better Controls for Risk Financing
  • Workflow and validation rules ensure proper claims handling procedures are in place to support shareholders’ financial objectives and allocation notifications to captive members
  • User defined workflow rules allow for automated notifications when key threshold levels on claims or layers are met or approached
  • Allows for multiple layers of limits and accurately tracks erosion of aggregate captive liability
  • Full ad hoc reporting module enables more efficient and accurate projections of long- and short-tail losses
  • Complete tracking of excess carrier data, including automated calculation of recoveries and premium tracking
  • Captures data required to comply with reporting requirements to excess insurers
  • Monitors restrictions and requirements on practices, procedures and vendors
Integrated Risk Management Solutions
  • Riskonnect Captive Management is a module of Riskonnect RMIS
  • Riskonnect RMIS can stand alone or integrate with Riskonnect’s suite of enterprise-class technology solutions
Riskonnect RMIS. RMIS that Works.
Riskonnect RMIS is an innovative approach to claims, litigation, and policy management with unsurpassed technology that empowers our customers.
  • Riskonnect’s platform is the difference
  • Helps reduce total cost of risk (TCOR)
  • Superior Business Intelligence technology and reporting powered by IBM Cognos software
  • Powerful search capabilities across modules
  • Easy to configure fields, business rules, workflow rules
  • Flexible, multi-level picklists controlled by users
  • Data processed on a timely basis, with historical tracking for audits
  • Creates a bridge from risk management to operations
Schedule a complimentary Riskonnect Executive Briefing and Demonstration today.