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Using Technology to Manage Risk

Managing risk can be a complex task. The use of technology to better monitor and understand your business is essential to successful risk management. BRS offers innovative solutions that allow you to proactively manage and reduce risk, produce more timely and accurate reporting and analysis, and lower costs of doing business.

Information services professionals leverage our in-house expertise in all areas of self insurance including pool administration, actuarial, accounting, claims and litigation management, and risk control to develop and implement successful and cost effective solutions. We also partner with other service providers to provide the best possible solutions for your organization.

Turning Data into Information. You rely on information to plan ahead, make decisions and minimize risk. The information needed is located in many disparate systems - claims histories, exposures, rates, limits, deductibles, contact information and business rules that hold important information specific to your organization. Extracting, combining and using information from these data sources becomes critical for your success. BRS specializes in data collection, conversion, processing and warehousing solutions and reporting and analysis services for the Risk Management industry.

Making it Easier to do Business. Each year you become more dependent on information systems and the data residing in them. Data is spread across multiple systems in many locations and is stored by both customers and business partners. Technology is now available to more easily bring this data together. BRS develops secure high performance solutions integrating data and information from multiple sources and sites. We also develop custom data entry, tracking, and process management applications, online training modules and forecasting and planning systems.

Reducing Information Technology Risk. As technology plays a larger role in our business processes, the risk of interruption and/or loss of data grows exponentially. Risks include damage or theft by hackers, viruses, spyware and other malicious code; and loss of data from fire, flood or system failures. Costs associated with these risks are significant, growing, and can no longer be ignored. Our staff will work with you to determine your exposure and take appropriate action to minimize your risk.

We can assess your IT infrastructure and coordinate efforts with our safety and loss control staff in a comprehensive risk assessment of your organization.

To learn more about our Information Services solutions, please call Fred Treffinger at ext. 1134 or click here to e-mail.

 
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Integrate loss information from several third party claims administrators/insurance companies to create a seamless source of information that can be used for insurance quote submissions, actuarial studies, internal analyses and financial reporting.
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