Risk Control Technologies Launches RC Inspection Version 4

Toronto (September 14, 2012) – Risk Control Technologies Inc., the industry-leading provider of loss control software solutions for insurers, today announced that the latest version of RC Inspection � version 4 has been officially deployed in production.

The latest version includes many new features which will allow insurers using RC Inspection to further streamline their loss control processes. In addition to a complete user interface refresh, version 4 includes a long list of enhancements, including:

  • Integration with the Google Maps API for geo-coding and multiple location mapping
  • Introduction of an iPad/iOS version of the RC Inspection tablet field application
  • Multiple photo upload to allow users to easily bulk add a large number of survey photos
  • Additional recommendation management tools including an automated recommendation follow up and reminder feature
  • Configurable automated survey assignment rules using any request parameter
  • Addition of an ad-hoc reporting tool which allows data-mining and extracts on all data elements within a survey

�The new features included in version 4 are in direct response to requests from the users of the system� said David Hanley of Risk Control Technologies, �certainly as a software provider, we could dream up all kinds of enhancements, but we believe that the people using the product every day can bring the best ideas to the table based on their needs.�

RC Inspection is currently used by a large number of insurers throughout North America to manage their loss control operations. The product is an end-to-end loss control solution, which manages all aspects of field surveys and service for insurers. The system enables insurers to equip field staff with tablet devices, loaded with the RC inspection field application in order to collect risk data, photos, recommendations and diagrams in the field, even in locations without wireless 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.

RC Inspection is a web-based solution that is available to insurers to install on-premises, or on a Software-as-a-Service (SaaS) basis by Risk Control Technologies, leveraging cloud technologies.

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 www.riskcontroltech.com or check out a short, animated video at www.betterlosscontrol.com.