RMIS Software

Risk Management Information System

Riskonnect’s RMIS software gives you the data, analytics, and insight to turn risk into a strategic advantage.

Focus your time on where you can make a difference. Spend less time chasing down data and more time analyzing what it means.

Communicate effortlessly from the frontlines to the C-suite. Break down silos and seamlessly share always up-to-date risk data across the organization.

Make confident decisions boosted with Intelligent Risk. Generate actionable insights using Riskonnect’s AI-powered risk-decision engine.

RMIS software on laptop screen

RMIS Software

Product Highlights

  • Certificate
    Management
    Streamline tracking and management of incoming certificates of insurance to reduce exposure from contractors, tenants, suppliers, and other business partners.
  • Claims
    Management
    Take charge of the entire claims process, from first notice to adjudication, payment, and subrogation.
    Learn more.
  • Claims Regulatory
    Compliance
    Stay ahead of current and potential regulations, manage relationships with external entities, and automatically execute documentation to ensure you comply with important directives.
  • Cost
    Allocations
    Accurately allocate premiums and fees based on your actual experience and methodology.
  • Environment,
    Health & Safety
    Identify risks, ensure compliance, and evaluate the effectiveness of your EHS program.
  • Exposure
    Management
    Automate values collection, track submitted values in real time, and see important year-over-year changes.
  • Incident
    Management
    Capture data right at the source to quickly and accurately get information to those who can investigate, evaluate, and act.
  • Insurance
    Management
    Track and manage all insurance policies and features, including premiums, layers, limits, deductibles, carriers, and more.
  • Intelligent
    Risk
    Augment human expertise with an AI-powered risk-decision engine that provides predictive insights, summarizes your current position, and recommends your next best action.
  • Root Cause
    Analysis
    Quickly identify underlying issues so safety measures can be taken in time to prevent future risk.
  • Risk Analytics
    and Insights
    Easily customize your reporting and dashboards to tell your story and inform decisions.
  • Workflow
    Management
    Automate routine tasks, notifications, and alerts using configurable data-entry screens, rules, and forms.

RMIS Demo Video

Randstad

Trey Braden at Randstad

Riskonnect has allowed us to embark on actions we’ve never had clarity on before. If no action is coming out of the data, what’s the point.”

Trey Braden, Director, Risk Management, Randstad

IHG® Hotels & Resorts

Marcela Siera

Riskonnect is helping us in terms of achieving financial accuracy for payments for insurers, which is great. We have full visibility of what’s going on in terms of claims management from start to end.”

Marcela Siera, Insurance Systems Manager, IHG® Hotels & Resorts

Reimagined Parking

Jeff Hauf

Anybody in the claims industry knows that the longer a claim is open, the more costly it is. With Riskonnect we now have a more efficient claims intake process and quicker triaging, helping to reduce claims duration and expenses.”

Jeff Hauf, Senior Director of Claims, Reimagined Parking

Ranstad
IHG
Reimagined Parking

Reduce Costs
and Increase Profitability

Feeling the pressure to correctly anticipate what’s ahead – in less time with fewer resources? Riskonnect’s RMIS software seamlessly integrates people, systems, and data to help you make more informed decisions about risk. Your costs go down and profitability goes up.

  • Consolidate real-time risk data from multiple internal and external sources to identify trends, emerging risks, and opportunities.
  • Understand the relationships between critical risks and the impact on the organization.
  • Seamlessly integrate data from carriers, TPAs, third-party vendors, and internal departments into one source of truth.
  • Gain strategic insights to optimize your insurance program.
  • Identify cost-savings opportunities that previously may have gone unnoticed.

Find Instant Relief
from Daily Pain Points

If you’re stuck tracking down information with endless back-and-forth emails, when are you supposed to figure out what it all means? Riskonnect’s RMIS software streamlines and automates routine processes so you can say goodbye to boring repetitive tasks and hello to delivering human-worthy insights from data you trust.

  • Save time and money by streamlining and automating processes.
  • Capture data consistently and thoroughly with standard templates, intuitive forms, and auto-filled fields.
  • Minimize human error by guiding users through the data-collection process.
  • Eliminate duplicate data entry by automatically uploading and extracting information from ACORD forms.
  • Send alerts, reminders, and progress reports automatically.
  • Communicate seamlessly using SMS text, WhatsApp, and other channels.

Make Smarter Decisions
Faster

Can you deliver the level of risk insight demanded by the C-suite? Riskonnect’s RMIS software gives you unprecedented insight into your risks and their relationships so you can quickly and confidently decide what to do.

  • Improve communication about risks across departments and with the C-suite.
  • Create easy-to-interpret reports that communicate a clear picture of your risks.
  • Instantly summarize complex, lengthy claims documents.
  • Generate actionable insights using embedded AI-powered predictive analytics models.

Get Started with These Helpful Resources

Resources-ebook-The-Top-5-RMIS-Tools
EBOOK
The Top 5 RMIS Tools
This ebook dives into the top RMIS applications and explains how they can help you become more efficient, more effective – and ultimately, lower your total cost of risk.
Resources-Assessment-Do-you-need-a-RMIS
ASSESSMENT
Do you need a RMIS?
Whether or not you need a RMIS depends on the complexity of your risks and how sophisticated your needs are. Here are 11 questions to help you decide.
RFP TEMPLATE
Starting an RFP process for a risk management information system?
Download Riskonnect’s list of the most critical RMIS-related questions and customize it to suit your needs.

Customers with Enhanced

Risk Management Programs Also Use

Claims Management
Integrate people, systems, and claims data and automate routine processes, so you can focus on resolving even the most complex claims quickly, easily, and fairly.
Enterprise
Risk Management
Combine insurable and noninsurable risks so you can anticipate, assess, mitigate, and monitor every threat from every corner of the organization.
Business Continuity
& Resilience
Prepare for threats and minimize disruption to operations.

Start anywhere. Expand everywhere.

Industry Recognition for Riskonnect

Redhand Advisors Forrester Wheelhouse Advisor

Start partnering with Riskonnect today.
Find out how Riskonnect can transform the way you view risk.

Quick Answers to Your RMIS Software Questions

A risk management information system – RMIS – is a software platform for collecting, managing, analyzing, and reporting risk, claims, and safety information. A RMIS brings all your insured risk data together into one place to give you a clear view of your risks, the relationships, and the impact on the organization. It saves time and improves accuracy by automating tasks and streamlining workflows. It also can reduce the stress on the risk management team, risk exposure – and your total cost of risk.

A RMIS offers a variety of applications – like certificate management, claims management, exposure management, and insurance management – to make managing risk easier, faster, and more effective.

The answer to this question depends on the complexity of your risks and how sophisticated your needs are. Companies with a limited number of locations, employees, assets, insurance carriers, and reporting needs might find spreadsheets a perfectly adequate tool. As your company grows, however, so do the risks – and the amount of data and reporting needed to effectively manage those risks.

You will likely benefit from RMIS technology if you have multiple carriers or TPAs, are struggling to gather timely and accurate data, or are unable to easily produce necessary reports. A RMIS automates data collection and validation, so you can spend your time on more valuable, strategic tasks. A RMIS also gives you complete and timely data, which can help you make smarter, faster decisions to mitigate losses – and ultimately lower your premiums.

Riskonnect’s flexible model allows you to start anywhere and go everywhere. You can build a solution that fits your needs today – and easily add and upgrade as your business grows and changes.

Riskonnect is designed to seamlessly connect risk data of all types – insurable and noninsurable – across your organization. The software can handle vast amounts of data from numerous insurers/TPAs in multiple formats and currencies. And you can easily incorporate that data into your enterprise-level risk analysis.

Pricing depends on the size and complexity of the project and how much customization you require. We offer three industry-leading implementation options at different price points to fit your budget, while achieving your business objectives as quickly as possible.