(July 17, 2015 – Toronto, ON/Denver, CO) Risk Control Technologies Inc., the industry-leading provider of loss control management systems for insurers, today announced that Pinnacol Assurance (“Pinnacol”) has selected the Risk Control Technologies software solution with an aim to streamlining loss control and field safety processes within the organization.  As Colorado’s choice for workers’ compensation with over 55,000 customers, Pinnacol employs the largest team of consultants in the State focused on workers compensation loss control and safety.

“The effectiveness and efficiency of our field safety team is key to helping provide a safer work place for Colorodans,” said Jim McMillen, Director of Safety Services, “By implementing the Risk Control Technologies solution, we are aiming to further automate our processes to allow our safety consultants to spend even more time consulting with our policyholders in the field”.

The Risk Control Technologies loss control solution is a complete end-to-end loss prevention management system used by leading insurers which will allow Pinnacol to:

• Enhance workers compensation account management capabilities for consultants to be able to better manage their books of business.
• Automate field safety processes to reduce manual tasks.
• Improve the quality and consistency of loss prevention reports delivered to key stakeholders.
• Enable more effective and efficient loss control recommendation management for recommendations which affect risk profiles.
• Provide underwriters with high quality, timely data in support of decision-making.
• Enhance loss control data mining and reporting.
• Equip the safety services team with tablet devices to increase productivity on the go.

As part of the selection process, Pinnacol completed a comprehensive pilot which involved hands-on user and administration training and field usage with a cross section of Safety Services team members.  This pilot not only allowed Pinnacol to verify that the system would support its processes out of the box, but it also gave them an in-depth understanding of the configurability and flexibility of the software prior to committing to license the solution. 

“When the Pinnacol team elected to undertake a pilot as part of their process, we were more than happy to accommodate,” said David Hanley of Risk Control Technologies, “we pride ourselves on our service, easy-to-use interface, flexibility and configurability, so we are always keen to let carriers experience this first hand.”

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 Pinnacol

Pinnacol Assurance is Colorado’s leading provider of workers’ compensation insurance. Pinnacol provides comprehensive, competitively priced coverage; immediate attention to claims; a highly qualified network of medical providers; and proactive safety and wellness programs to over 55,000 Colorado businesses. Annually, Pinnacol supports $364 million of Colorado’s economic activity, spends over 35,000 hours keeping Colorado worksites safe and provides compassionate care to over 40,000 Coloradans who have been injured on the job.  For more information, visit www.pinnacol.com.