Travelers Announces New Risk Analyzer Dashboard for e-CARMA Users to Analyze Loss Trends

By Anamika Singh
TMCnet Contributor

Travelers recently announced Risk Analyzer, a new dashboard within e-CARMA, the company's risk management information suite of tools and services. This will help insurance customers find loss prevention opportunities and efficiently analyze their loss.

Risk is a common factor in everyday business, according to company officials. That's why Travelers offers a wide range of business insurance options to help mitigate risk and protect companies. Whether it’s a small, mid-sized, large or even highly specialized business, the company’s dedicated underwriting, claims and risk control services can match unique coverage and compliance needs.

Travelers National Accounts and Risk Management Information Services (RMIS) developed Risk Analyzer to help risk management professionals find and compare comprehensive information about claim activity and loss trends. This new dashboard is available to e-CARMA users and has improved visualization and navigation, and also functionality within the system.

"Through the Risk Analyzer Dashboard, Travelers is offering a collaborative and consultative approach to monitor, manage and minimize an organization's total losses," stated Michael Strietelmeier, Vice President, RMIS at Travelers. "We are excited to bring this new technology to the industry."

Risk Analyzer provides guided analysis on how Travelers' Risk Control consultants perform risk assessments. Risk managers can find out the most prevalent loss causes, injuries or ergonomic cases, and customers can evaluate their company's loss experience. Professionals can also see summary information to individual claim details at many points during the analysis.

Customers, independent agents and brokers attending the Risk and Insurance Management Society (RIMS) 2012 Annual Conference & Exhibition in Philadelphia can preview this technology.

The e-CARMA products include the functionalities like claims management, safety analysis, Occupational Safety & Health Administration (OSHA) tracking, loss forecasting, loss/frequency rate analysis, key performance trending and risk management goal tracking.

Travelers’ e-CARMA is available to more than 15,000 customers and their agents and brokers. It also helps to manage an organization's total cost of risk.