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Directory of P&C Loss Control Products and Services

Information & Articles

Directory of Loss Control Products and Services

Businesses buy insurance to mitigate the effects of a loss. The cost of insurance is determined, among other things, by the value of the assets being insured and by the exposure to loss that those assets face.

Many would argue that any exposure can be managed and the risk of loss reduced through effective measures. Good lighting and security measures reduce the probability of vandalism and of break and entry and theft. Clean well-organized sites, and fire prevention, detection and suppression systems reduce the risk of loss due to fire.

The presence of good loss control measures will reduce the cost of insurance, but an insurance underwriter needs to see and understand those systems in order to be able to properly assess the risk and price the insurance.

An effective loss control system can help inspectors identify and record the assets and the quality of the loss prevention measures in place. This results in a better record of the state of the assets at the time of underwriting, and helps all parties identify improvements which can be undertaken to reduce the risk of loss, and the correspoinding cost of insurance.

Articles

Directory of Loss Control Products and Services

ISI - Insurance 			Systems Inc.

Contact Info
Office in Toronto

Serving all Canada, USA and Caribbean
WebWriter Enterprise
WebWriter Inspection
WebWriter Marine
WebWriter Cargo

Traditional inspection methods involve paper-based processes, data re-entry and disparate sources of information, such as hard copy photos and faxed reports.

WebWriter Inspection solves these problems by providing a Tablet PC and web-based application that can integrate data, photos and diagrams into a standard, accessible format.

Inspectors fill out only one report onsite and this standardized data gets fed directly into an organization’s centralized database where it can be accessed by underwriters and other decision makers.

  • There’s no data re-entry and no paper.
  • Information can be shared electronically.
  • Requests for clarification or re-inspection can be sent and tracked in real time.

WebWriter Inspection will dramatically increase your productivity, decrease uncertainty and allow you to make more accurate decisions.



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