West Bend Mutual Insurance Company - The Silver Lining(R) - selects RC Inspection from Risk Control Technologies
Poster: SySAdmin
Posted on January 28, 2013 at 10:21:01 AM
West Bend Mutual Insurance Company - The Silver Lining(R) - selects RC Inspection from Risk Control Technologies
RC Inspection to support insurer's goal of increasing effectiveness and
efficiency of loss control operations
TORONTO, Jan. 28, 2013 /PRNewswire/ - Risk Control Technologies Inc., the
industry-leading provider of loss control software solutions for
insurers, today announced that West Bend Mutual Insurance Company
("West Bend") has selected the RC Inspection software solution to
streamline its loss prevention operations. West Bend is a large,
Midwest-based property/casualty insurer, specializing in home, auto,
business, and specialty insurance, with more than $700 million in
annual direct written premium.
"When we identified the need for a system to help enhance the
consistency and efficiency of our loss prevention processes, we weren't
sure if there was a solution out there to support this. When we found
RC Inspection, it was exactly what we were looking for from a
functionality perspective, with the added benefits of being very
flexible and configurable to adapt to our needs as they change over
time," said Chuck Henry, Loss Prevention Manager of West Bend.
RC Inspection is a complete end-to-end loss control management system
which will allow West Bend to:
-- Automate its loss prevention survey processes to reduce manual
tasks.
-- Improve the quality and consistency of survey reports delivered
to key stakeholders.
-- More effectively track and follow-up on outstanding
recommendations which affect risk profiles.
-- Provide its underwriting team with high quality, timely data in
support of decision-making.
-- Eliminate paper loss control files.
-- Enhance data-mining and reporting around loss control data.
-- Equip field loss prevention team with tablet devices to
increase overall productivity.
One of the phases of the implementation of RC Inspection at West Bend
will involve the deployment of tablet devices to the field staff, which
will be loaded with the RC Inspection field application for field data
collection. This will allow the field staff to collect risk data,
photos, recommendations and diagrams in the field, even in locations
without mobile broadband connections. Once data is collected in the
field, it is then uploaded into a central database which allows
underwriters to utilize the information in making underwriting
decisions. This central data repository also offers data mining and
reporting capabilities which have traditionally been unavailable in the
paper-based loss control environment in which most insurers operate.
"We could not be more pleased to have been selected by West Bend for
this project," said David Da Costa of Risk Control Technologies. "Loss
prevention plays a major role in their business and we look forward to
working with their team to further strengthen these initiatives."
About Risk Control Technologies Inc.
Risk Control Technologies Inc. uses leading-edge technology to simplify
what are traditionally horribly onerous, paper-based processes in the
insurance industry. Today, the loss control solution developed by Risk
Control Technologies is used by leading insurers throughout North
America. For more information, visit http://www.riskcontroltech.com.
About West Bend Mutual Insurance Company
West Bend Mutual Insurance Company, headquartered in West Bend,
Wisconsin, provides property/casualty insurance products throughout the
Midwest. The company offers a broad personal lines coverage package, a
full range of commercial products and services, and insurance for
specialty lines. West Bend employs more than 1,000 associates and is
represented by approximately 1,200 independent insurance agencies
throughout Wisconsin, Illinois, Iowa, Minnesota, Indiana, Ohio,
Michigan, Missouri, Kansas, and Kentucky. The company has been rated A
(Excellent) or better by A.M. Best since 1971 and is consistently
ranked at the top of a nationwide ease-of-doing business survey. For
more information, visit thesilverlining.com
SOURCE Risk Control Technologies Inc.
Risk Control Technologies Inc.
CONTACT: Media Contact David Da Costa
416-900-6658 Ext. 316
ddacosta@riskcontroltech.com
RC Inspection to support insurer's goal of increasing effectiveness and
efficiency of loss control operations
TORONTO, Jan. 28, 2013 /PRNewswire/ - Risk Control Technologies Inc., the
industry-leading provider of loss control software solutions for
insurers, today announced that West Bend Mutual Insurance Company
("West Bend") has selected the RC Inspection software solution to
streamline its loss prevention operations. West Bend is a large,
Midwest-based property/casualty insurer, specializing in home, auto,
business, and specialty insurance, with more than $700 million in
annual direct written premium.
"When we identified the need for a system to help enhance the
consistency and efficiency of our loss prevention processes, we weren't
sure if there was a solution out there to support this. When we found
RC Inspection, it was exactly what we were looking for from a
functionality perspective, with the added benefits of being very
flexible and configurable to adapt to our needs as they change over
time," said Chuck Henry, Loss Prevention Manager of West Bend.
RC Inspection is a complete end-to-end loss control management system
which will allow West Bend to:
-- Automate its loss prevention survey processes to reduce manual
tasks.
-- Improve the quality and consistency of survey reports delivered
to key stakeholders.
-- More effectively track and follow-up on outstanding
recommendations which affect risk profiles.
-- Provide its underwriting team with high quality, timely data in
support of decision-making.
-- Eliminate paper loss control files.
-- Enhance data-mining and reporting around loss control data.
-- Equip field loss prevention team with tablet devices to
increase overall productivity.
One of the phases of the implementation of RC Inspection at West Bend
will involve the deployment of tablet devices to the field staff, which
will be loaded with the RC Inspection field application for field data
collection. This will allow the field staff to collect risk data,
photos, recommendations and diagrams in the field, even in locations
without mobile broadband connections. Once data is collected in the
field, it is then uploaded into a central database which allows
underwriters to utilize the information in making underwriting
decisions. This central data repository also offers data mining and
reporting capabilities which have traditionally been unavailable in the
paper-based loss control environment in which most insurers operate.
"We could not be more pleased to have been selected by West Bend for
this project," said David Da Costa of Risk Control Technologies. "Loss
prevention plays a major role in their business and we look forward to
working with their team to further strengthen these initiatives."
About Risk Control Technologies Inc.
Risk Control Technologies Inc. uses leading-edge technology to simplify
what are traditionally horribly onerous, paper-based processes in the
insurance industry. Today, the loss control solution developed by Risk
Control Technologies is used by leading insurers throughout North
America. For more information, visit http://www.riskcontroltech.com.
About West Bend Mutual Insurance Company
West Bend Mutual Insurance Company, headquartered in West Bend,
Wisconsin, provides property/casualty insurance products throughout the
Midwest. The company offers a broad personal lines coverage package, a
full range of commercial products and services, and insurance for
specialty lines. West Bend employs more than 1,000 associates and is
represented by approximately 1,200 independent insurance agencies
throughout Wisconsin, Illinois, Iowa, Minnesota, Indiana, Ohio,
Michigan, Missouri, Kansas, and Kentucky. The company has been rated A
(Excellent) or better by A.M. Best since 1971 and is consistently
ranked at the top of a nationwide ease-of-doing business survey. For
more information, visit thesilverlining.com
SOURCE Risk Control Technologies Inc.
Risk Control Technologies Inc.
CONTACT: Media Contact David Da Costa
416-900-6658 Ext. 316
ddacosta@riskcontroltech.com