(February 10, 2016 – Toronto, ON) Risk Control Technologies Inc., the industry-leading provider of loss control software solutions for the insurance industry, today announced Preferred Employers Group (“Preferred”) has selected its loss control management system to help streamline loss control operations and further enhance the service provided to policyholders. Based in San Diego and a member of the W.R. Berkley Corporation, Preferred provides workers' compensation insurance for a wide variety of industries within the state of California.
“Loss control is a major pillar contributing to the overall success of our organization,” said Jan Beaver, Vice President of Preferred. “The implementation of a loss control management system will enable us to enhance the services we provide to employers, while providing all company stakeholders valuable insight into each account.”
As a highly flexible and configurable ‘off-the-shelf’ solution used by an array of loss control focused insurers, the Risk Control Technologies platform will allow Preferred to tailor the software to meets its needs today, while affording them the flexibility to evolve the system as business needs change.
The system will enable Preferred to:
- Integrate its loss control system with other core systems to provide loss control consultants with a consolidated view of each account.
- Track and manage all loss control and safety related interactions with insureds.
- Better manage service delivery and loss control service plans.
- Automate assessment and service related processes to reduce manual tasks.
- Improve the quality and consistency of loss control reports delivered to key stakeholders.
- Enable more effective loss control recommendation management to drive risk improvement.
- Provide underwriters with high quality, timely data in support of decision-making.
- Enhance loss control data-mining and reporting capabilities.
Preferred is a customer service oriented organization that places a large emphasis on enhancing its customer experience in all aspects of the insurance lifecycle, and loss control is no exception.
“We are excited to work with Preferred Employers Group on this initiative,” said David Hanley of Risk Control Technologies, “they are an innovative company in the workers’ compensation arena and we are looking forward to collaborating with them for many years to come”.
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 Preferred Employers Group
Preferred Employers Group (Preferred) has been servicing the workers' compensation needs of California business since 1998. A distinctive element of the company's advantage in California is its Medical Provider Network (MPN). All member providers within Preferred's MPN are directly contracted with the company allowing for cost-efficient medical care and prompt service delivery to injured workers. As a result of specialization in workers' compensation insurance, the company has earned a strong reputation as one of the most dependable and trusted insurance companies in the state.
The company's total focus on workers' compensation insurance allows it to provide a superior combination of competitive pricing and best-in-class operational services to policyholders and brokers. Preferred also provides a variety of Risk Advisory Services, including workplace safety advice and tools, on-site safety assessments and assistance with fraud prevention. Accessing the products and services of Preferred is easy and available through a multitude of contact points online, toll-free numbers, fax and email. The company is headquartered in San Diego, California. Contact firstname.lastname@example.org or call 888-472-9001 for more information.