Loss control is elemental to the success of commercial & specialty lines but rapidly evolving complexity represents challenge for loss control and underwriting executives. Effective risk management frequently revolves around multi-location, multi-engineer assessments and a host of stakeholders. A paper-based or spreadsheet-based environment cannot deliver the value commercial insurers require to compete nor do they bring the advice customers require for the business success. Many insurers believe that a cobbled stack of technology across documents, data, and account management, to name a few systems, will suffice. Given the detailed and complex nature of today’s businesses, loss control requires technology engineered and designed specifically for the discipline.
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