OUR SOFTWARE
Turn your Insurance Program Into a Competitive Advantage
Our state of the art OODA RISK Software is the nucleus of our entire program. It provides a cloud based system to submit incident data, claims data, track insurance policy information. The software ties all of your claims & policy data back into one RMIS system,allowing you to benchmark your org; holding your team accountable which significantly lowers the cost of your insurance program and all other elements of your risk related costs up & down your P&L.
Forward-thinking companies understand the cost they pay for their insurance program is a function of how well they prevent & manage claims.
OODA Risk for Data-Driven Organizations:
Insurance Policy & Claims Management System:
- Workers Compensation Claims
- Fleet Auto Claims
- Large Property & Real Estate Portfolios
- General Liability Claims
Track Incidents (Near Misses)
Best practice companies understand the importance of tracking near misses. They are great leading indicators of process lapse which if left un addresses can become a large future claim. OODA Risk provides your company a framework to collect, store, collate and report up & down your org to improve your processes, preventing and lowering your ultimate insurance claims costs.
Forecast Your Insurance Costs 6 Months Before You Renew!
Knowing your loss pic (ratio of premiums paid to claims incurred) by line of insurance & by policy year, you can understand in 2 clicks if your account is profitable to the insurance marketplace. If your incurred claims are too high, you can forecast your potential future premium increases.
Claims Management
Smart companies understand reporting an insurance claim is the beginning of the process; not the end.
Smart companies understand that insurance is essentially a very expensive credit line in reverse. How aggressively you manage your open claims, reserving, collecting data to build your defense can be a powerful tool in compressing the ultimate claims payment.
All Your Claims Centralized In A Secure Cloud Based System
Your current team contains multiple insurance carriers, brokers, consultants, safety personnel , insurance adjusters, attorneys & members of your staff. Each team member working in isolation of each other until something occurs and then it becomes an endless string of email chains and shared documents.
OODARisk allows your team to consolidate all of your incidents (near misses), claims, insurance policy information into one system.
Benchmark Your Safety & Claims Results
Our easy-to-use dashboard allows you to get real-time updates on your claims & insurance policy information input into our system.
We offer you claims rates against ( Sales, Payroll, Sq. Ft., Power Units, TIV, ) to show you exactly how your claims are affecting your costs year over year.
