Don’t you love when “it depends” is a response to one of your burning questions? That kind of straightforward answer is especially helpful if you or one of your clients is struggling with whether or not to make a large business investment.
So, do you need advanced risk management and claims administration software? Well, it depends.
It depends on:
- The complexities of an organization’s exposures
- Time spent manually managing risks like claims and policies
- How an organization is departmentalized and its interactivity with vendors
That’s clear as mud, right?
- Tracking maintenance activities can create a clear snapshot of the goings-on at a property or work site.
- Analyzing maintenance logs and incident reports concurrently can help you spot trends and anticipate risks.
- Managing these activities in a RMIS allows you to analyze data from multiple departments or disciplines and avoid knowledge “silos” in your organization.
Property maintenance and inspections don’t just protect a property. They are key elements of your risk management strategy—aimed at protecting employees from getting hurt, as well as reducing related workers’ compensation claims and litigation. …
Consistent, timely and structured communication with injured workers can:
- Speed up return-to-work times
- Reduce fraud
- Improve uptake of employer-recommended medical providers
- Head off litigation
Once upon a time, communicating with injured workers was almost taboo—perhaps believed to be an invasion of privacy or maybe even an invitation for worker’s compensation lawsuits. But the tide is changing. …