Toronto, ON (Jun. 6, 2013) – Risk Control Technologies Inc., the industry-leading provider of loss control software solutions for insurers, today announced that Synergy Coverage Solutions has selected the RC Inspection software solution to streamline its loss prevention and safety operations. Based in Charlotte, North Carolina, Synergy specializes in providing workers’ compensation coverage for professionally managed employers.
“Proactive loss prevention is a key component of our business model,” said Joshua Brazee, Vice President of Loss Prevention for Synergy, “we selected Risk Control Technologies because their team understands our business and their product has been proven to help insurers enhance the efficiency and effectiveness of their loss prevention programs”.
RC Inspection is a complete end-to-end loss control management system which will allow Synergy to:
- Automate its loss prevention survey and service processes to reduce manual tasks.
- Improve the quality and consistency of loss prevention 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 Synergy 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 are looking forward to working with Synergy,” said David Da Costa of Risk Control Technologies. “They are a very innovative company with a great emphasis on loss prevention, and we are happy to welcome them as a partner.”
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.
About Synergy Coverage Solutions
Specializing in workers’ compensation services, Synergy has a proven track record of dramatically reducing loss frequency and severity through results driven claims service and proactive loss prevention. The company is privately owned by its management team and prides itself on relating to the operations and challenges its policyholders and agencies face each day. For more information, visit www.synergyinsurance.net.
Source: Risk Control Technologies Inc.