Patriot National Launches Online Risk Management Marketplace

April 6, 2016

Patriot Risk Consultants (PRC), a subsidiary of Patriot National, Inc. has launched PN BidExpert, an online marketplace to connect underwriters and risk managers with loss control engineers.

PN BidExpert works by matching and connecting underwriters and risk managers with a marketplace of certified and prescreened loss control engineers. Underwriters submit loss control survey requests to the online platform where an algorithm matches jobs with available independent service providers.

Providers are notified in real time via push notifications of all jobs they are qualified to complete. Once the winning bid has been selected and the engineer has completed a job, PRC reviews the loss control report for quality assurance.

Steven M. Mariano, CEO of Patriot National, said the online marketplace will streamline insurance underwriters and risk managers’ ability to obtain loss control reports at a competitive market price while increasing visibility and access to job requests for loss control engineers.

“Within the PN BidExpert community, service quality will be rewarded by a rating system completed by all parties. We expect hundreds of qualified and screened engineers to be active at launch,” added Mariano.

The PN BidExpert marketplace will offer participants complete transparency and control through an easy-to-use dashboard. Underwriters, brokers or risk managers can submit standard or customized assessment surveys to the platform and all reports are quality assured by engineering experts.

Underwriting and risk management communities interested in scheduling a BidExpert demo should contact Patriot National.

Patriot National, Inc. is a national provider of technology and outsourcing products to help insurance companies and employers mitigate risk and comply with regulations.

Patriot National provides general agency services, technology outsourcing, software solutions, specialty underwriting and policyholder services, claims administration services, self-funded health plans and employment pre-screening services to its insurance carrier clients, employers and other clients. Patriot National is headquartered in Fort Lauderdale, Fla.

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