Insurance and Safety
LogicERM is a complete, web-based risk management information system (RMIS). With LogicERM you will reduce claims and litigation through better management of risks using embedded Enterprise Risk Management best practices.
This risk management capability extends to requirements upheld in Stone vs . Ritter, where it was ruled that boards of directors are personally liable for their organization’s effectiveness in monitoring risk. With LogicERM SMART Monitoring, maintaining Directors and Officers Liability Insurance coverage will not be an issue.
SMART Monitoring shows you both your assessed root cause of liabilities as well as the follow-up activity your organization has put into place to address the risks. With LogicERM you will reduce future claims and increase worker productivity. Incident management streamlines the reporting and tracking of claims through to resolution and includes investigations, email notifications with workflow covering threaded discussions, and escalation.
In addition to traditional insurance, safety and facility management capabilities, LogicERM enables you to
- Leverage existing assessment activity across functional areas to reduce workload.
- Prevent loss events and the related liabilities and claims.
- Streamline your renewal process by pushing the risk data collection process to the field.
- Match risks within business areas to insurance coverage and premium cost/benefit analysis.
- Replace low value contribution activities with new ERM responsibilities.
Develop skills and experience to expand risk management:
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