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News Announcements and Updates

    WCF Insurance Selects Loss Control Solution from Risk Control Technologies Inc.

    November 06, 2018Warren Woermke News

    (November 6, 2018 – Toronto, ON)

    Risk Control Technologies Inc. (RCT), the leading provider of loss control software to the insurance industry, is pleased to announce that WCF Insurance has selected Risk Control Technologies’ software solution to strengthen and optimize the delivery of safety and health services. Headquartered in Salt Lake City, Utah, and founded in 1917, WCF Insurance is Utah’s premier workers’ compensation insurance provider, promoting workplace safety to more than 22,000 Utah companies.

    Prior to selecting RCT, WCF was utilizing a high quality, internally-built loss control system. Due to RCT’s SaaS product approach, moving forward WCF will enjoy the benefits of continual system upgrades without incurring any additional cost. “We are looking forward to moving onto the RCT system, as well as the system’s ability to grow and evolve as our business needs change” explained Kathryn Clark, Sr. VP Safety and Health at WCF Insurance.

    Additionally, the RCT system will allow WCF to:

    • Manage safety and health service delivery and planning.
    • Automate assessment and service related processes to reduce manual tasks.
    • Enable more effective recommendation management and follow-up.
    • Develop metrics for internal staff performance using built in management reporting tools.
    • Track and manage all safety related interactions with policyholders.
    • Improve the quality and consistency of safety service reports delivered to key stakeholders.
    • Eliminate reliance on internal IT resources needed for system maintenance.
    • Provide underwriters with high quality, timely data in support of decision making.
    • Enhance data mining and reporting capabilities.

    WCF will also make use of RCT’s Insured Portal to increase touchpoints and collaboration with policyholders. WCF will be hosting on RCT’s SOC 2 compliant cloud infrastructure to maximize performance and support capabilities. 

    “We are thrilled to have WCF join the RCT community,” explained Sean Banikin, Chief Operating Officer at RCT. “WCF places a strong emphasis on providing high quality customer service, as well as building strong communities in the state of Utah, and we are excited to assist them in furthering their organizational goals through the use of our technology”.

    About WCF Insurance

    Salt Lake City-based WCF Insurance is Utah's premier workers’ compensation insurance provider, promoting workplace safety to more than 22,000 Utah companies. WCF Insurance was established in 1917 and is owned by its policyholders and governed by a board of directors. WCF Insurance offers its customers a variety of services including safety and loss control, claims administration, medical case management, vocational rehabilitation, and fraud investigations. WCF Insurance is rated A (Excellent) by the A.M. Best Company. For more information, please visit www.wcf.com.

    About Risk Control Technologies Inc.

    Risk Control Technologies Inc. provides insurance carriers with 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 over 85 of the most progressive loss control focused carriers in the world.  For more information, visit www.riskcontroltech.com.

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