(January 7, 2015 – Toronto) Risk Control Technologies Inc., the industry-leading provider of risk control software solutions for insurers, would like to congratulate Farm Mutual Reinsurance Plan Inc. (FMRP) on its nomination for the Insurance Canada Technology Awards (ICTA) sponsored by Insurance-Canada.ca.
FMRP implemented the Risk Control Technologies loss control management system in 2013 for use by internal loss prevention field consultants for property and casualty loss control but had a broader vision to roll out the system to its member mutual companies to provide a shared, modern loss control platform.
The system allows field loss control representatives to be equipped with iPad devices, loaded with the RC Inspection field app in order to capture risk data, photos and recommendations in the field, even in rural locations without mobile broadband connections.
FMRP has cited some impressive results since the deployment of the system including increasing its number of completed risk assessments by 84% and a reduction in report delivery time by 27%. Loss control recommendation management has also been streamlined within the system significantly.
Risk Control Technologies wishes FMRP the best of luck as the ICTA winners are selected over the next month in advance of the Awards Ceremony on March 9, 2015.
About Risk Control Technologies Inc.
Risk Control Technologies Inc. provides insurance carriers a unique combination of high tech loss control software and industry expertise. This powerful combination allows teams to achieve their overall risk management objectives through the use of both technology and industry best practices. Today, Risk Control Technologies’ community of loss control leaders includes some of the most progressive loss control focused carriers in the world. For more information visit www.riskcontroltech.com.
About Farm Mutual Reinsurance Plan Inc.
Farm Mutual Reinsurance Plan Inc. (FMRP) is Canada’s first completely Canadian-owned reinsurance company. Located in Cambridge, Ontario, FMRP was formed in 1959 by Mutual Insurance Companies from across Ontario, who provide their Members with Farm, Personal and Commercial insurance products. For more information, visit www.fmrp.com.