Risk management information systems

While reducing the number of spreadsheets you need to deal with is an obvious benefit, modern RMIS platforms go beyond basic recordkeeping. Common features include:

• Incident reporting: Capture workplace injuries, property damage, or liability incidents in real time.

• Claim tracking: Monitor the status of claims from first notice of loss through resolution.

• Data analytics and dashboards: Turn raw claims data into actionable insights for leadership and risk managers.

• Custom reporting: Generate detailed reports to support compliance, prepare for policy reviews and renewals, and track performance over time.

Together, these capabilities allow you to better understand your exposures and strengthen your business’s overall risk management strategy.

Having claims and risk data in one place also saves time and improves accuracy for your insurance and claims teams by:

• Providing visibility into loss trends, helping leaders address safety concerns before they lead to more claims.

• Enhancing reporting accuracy by reducing manual entry errors.

• Improving communication across teams, brokers, and insurers by giving everyone access to the same up-to-date information.

At Sentry, we’ve seen how RMISs can help businesses move from reactive claim management to proactive risk reduction. With better tools, companies can spend less time filling out paperwork and more time focusing on long-term improvements.

Not every RMIS is the same, and the right choice depends on your industry, size, and risk profile. When evaluating vendors, consider factors such as:

• Scalability: Can the system grow with your business as risks and data volumes increase?

• Security: Does the platform safeguard sensitive business and claim information?

• Customization: Can the system be tailored to your business?

• Integration: Does it connect easily with your existing HR, payroll, or safety systems?

We aren’t just here to help when a claim happens—we’re committed to helping you reduce risks before they occur. By pairing our industry knowledge with advanced tools like RMISs, you have access to the resources you need to establish and maintain a proactive culture of workplace safety.