To help business insurance customers find loss prevention opportunities and more efficiently analyze their loss experience, Travelers launched a new dashboard within e-CARMA, the company’s risk management information suite of tools and services, called Risk Analyzer.
Developed by Travelers National Accounts and Risk Management Information Services (RMIS), Risk Analyzer helps risk management professionals find and compare information about claim activity and loss trends. This newest dashboard, available to all e-CARMA users this month, incorporates improved visualization and navigation, as well as additional functionality within the system.
In a single interactive dashboard, Risk Analyzer provides guided analysis designed to mirror how Travelers’ Risk Control consultants perform risk assessments. Risk managers can utilize the dashboard to determine the most prevalent loss causes, injuries or ergonomic cases, enabling customers to easily manage and evaluate their company’s loss experience. To better evaluate specific issues, professionals can drill down from summary information to individual claim details at many points during the analysis.
The e-CARMA suite of products includes the functionality risk managers need to monitor and analyze performance results on a day-to-day basis. Functionality includes: claims management, safety analysis, Occupational Safety & Health Administration (OSHA) tracking, loss forecasting, loss/frequency rate analysis, performance trending and risk management goal tracking. e-CARMA is available to more than 15,000 customers and their agents and brokers.