Product/Service

RMIS System

Source: Chubb Group of Insurance Companies
RMIS Dimensions provides data updated daily and precision tools for a broad array of
Chubb Group of Insurance Companiesimensions provides data updated daily and precision tools for a broad array of drill-down analyses. It is designed to help managers evaluate losses for specific business units; view claim and payment activity over time; view payments to vendors, attorneys and claimants; determine claims with recoveries; compare loss activity before and after the implementation of risk reduction programs; forecast future loss activity; and plan budgets for a fiscal period.

A risk manager can create his or her own risk management information system with this system by employing breakthrough "drilling"capabilities, and ad hoc reports and analyses. Drilling expands and refines information at greater levels of detail, thus allowing the risk manager to examine such information as claimant, type of loss, vendor, payee, or attorney. Results of created reports or their virtually unlimited selection criteria and filters may be saved to revisit or reuse later.

Other features include a datamart of casualty-related loss and exposure information; the ability to save and export data; pre-designed Microsoft Excel reports, graphs and pivot tables; an on-line graphing tool; and links to other pertinent web sites. The system also allows the exclusion of certain losses and has the ability to create ``what-if'' scenarios.

Customers can design tailored reports for reimbursable deductible programs; location-specific reports; and point-in-time, time comparison and loss triangulation reports. The annual fee for customer access to RMIS Dimensions varies based on the number of claims a customer has.

Customers with loss data from other sources can have their data made compatible with this system. Using a third-party fee-based service, this company integrates the other information and makes it accessible by RMIS Dimensions.

With a user password and click of a mouse, RMIS Dimensions is accessed through a special extranet site.

<%=company%>, 15 Mountain View Rd., Warren, NJ 07059 Phone: (908) 903-2000 Fax: (908) 903-3402