Risk Insurance Management System

Client’s Business Challenges

Our customer has a leading profile in the Chicago-US finance sector. With the rising demand for jobs, several tasks are required to resolve financial enterprise risks. These threats may include funding, regulation, policy, and compliance with regulations. Operations. The client has been challenged to plan operations, monitor, and find means of resolving risks relating to each operation. The client then developed a risk management application that monitors and reports threats in a timely and timely manner and ensures essential risks are handled and reported.

We have created a web-based framework to solve some of the key features required for the application:

  • Managing the policies of multiple consumers and the distribution of premiums effectively
  • Monitoring insurance tasks such as claims, liability coverage, renewal, and other administration
  • To fix all problems of land, car and related property management
  • Addressing health insurance, claims, incidents, lease management
  • Tracking workers who want to return to work following accidents
  • Control of equipment and procurement control
  • To track the management of the fleet, its assets, its drivers, and its management


Tools & Technology

  • Microsoft .Net Framework
  • ASP.Net
  • C#)
  • JavaScript
  • jQuery Web Services
  • Windows Service
  • Microsoft Azure
  • Azure DevOps
  • MS SQL Server
  • Fusion Charts
  • Telerik controls
  • SendGrid


Our engineers are adept and supported by the technological skills and financial knowledge of the projects they have built for our clients. As a result, the first option of the project was.NET and its associated technology along with Azure cloud services. Thus, to meet both of these needs holistically, we have built a state-of-the-art infrastructure that will brace the company for the emergence of any danger that will critically impede the running of the business. The Risk Information System (eRIMS) provides an automated, flexible approach to risk management. The risk management system is an online technology. ERIMS should be tailored for the individual demands of different customers operating in different markets from event monitoring and handling claims to regulation degradation.

Policy Management

This module maintains and maintains all laws and rates, deductibles, limits, and more. It will also delegate land and lending practices and the depletion of premium allowances.

  • It furthermore follows all policies for all company and cost center categories
  • Includes information on policy style, organization, and broker
  • Includes policy elements such as fire, flood, and wind coverage

Certificate of Insurance

In this module, companies may handle incoming certificates for buyers, tenants, or contractors to have the requisite coverage using automated letters of notice.

  • Generates letters of insurance, records, and e-mails to applicants and insurance providers
  • Regenerates letter of insurance
  • Control the records of insurers

Risk Management

Through handling everyday activities through risk analysis and evaluation, a company can handle workflows efficiently and improve visible coordination using the following functionalities.

  • Management and maintenance of risk profiles for insurance claims
  • Assists in monitoring and monitoring risk costs.
  • Custom data collection and surveillance

Exposure Management

This exhibition management module addresses the management and definition of all things within the company subjected to risk and insured under some regulation, from automobiles, land, vehicles, houses, boilers, and others.

  • Management and maintenance of risk profiles for insurance claims
  • Build a browser to measure insured vulnerability by viewing the material of the exposure module
  • Control and associate baselines, premiums, and policy to produce quarterly/monthly/annual bills

Property Management

Covers all administration of property including COPE records, values, ownership of properties, communications, and the like. A simple tablet can import and interface all values given with RS Means, Marshall & Swift, etc.

Management of Incidents

Incidents including automated contact, inquiry, OSHA logs, and TPA/Carrier monitoring are taken into account, and incidences with this module are closely tracked. Often, the insurance information relating to claimants is managed and maintained. Follow the details of the incidents, facilities alleged, and settlement.

Management of Health Incidents

Using this module, companies can handle patient safety proactively using a custom event entry tool that offers anonymous monitoring, custom workflow tracking, and integrating HR/Patient Records. Quality monitoring occurrences are maintained and integrated into the Claims module smoothly.

Claim Management

Users may also use this module and businesses can handle claims in all market segments, such as record keeping, customized letters, financial information, diary, TPA and Carrier GUI, etc.

  • Keep track of all company statements such as employee benefits, automobile liability, general liabilities, property liabilities, and executive danger
  • Consider the requisite information on the allegation
  • Helps bill plan (single & reoccurring)
  • Fast configuration and payment of suppliers


Create and schedule Adhoc reports for every area of the framework in graphical diagrams within a touch. Both reports in Excel, Word, or PDF formats can be planned and submitted via email or virtual folder.

Import and Export

Integrate data without issues in all TPA, carrier, HR, etc. modules. Companies can easily migrate data, for example, TPA crashes, to other systems.

Return to Work

This module also handles staff transitional functions. Its simple interface makes it easier to track and manage the position of transitional staff who returned from injuries to workers. Simple to see work projects at stylish calendar interfaces.

Environmental / Pollution module

Keep in line with all environmental regulations with automated tank records, approvals, audits, SPCC information, etc.

Fleet Management

Track, maintain and establish close links between vehicles and drivers and locations.

Driver Management

Make drivers safe by rating drivers based on experience, infringements, allegations, grievances, and more.

Lease Management

Manage leasing arrangements for the premises bought, leased, or subsetted, including rental projections, rental terms, contact management, and security details.

Purchasing Management

Enables the acquisitions of assets, services, and leasing arrangements to be managed for various sites and divisions. A coverage review is given until new transactions are purchased.

Equipment/Supply Management

Add filters per person, agency, car, or division to manage the supplier and its equipment.


Increased efficiency and operational capacity are provided by the well-structured risk management system for timely risk management. By systematic monitoring and risk management, companies can raise awareness. The company can develop risk management software with the use of custom software services from Shivagya Infosoft to provide the following advantages:

  • To be ordered and planned in the life of the danger
  • Better handling of workflow
  • Creation of a personalized dashboard of specific risk reports.
  • Faster data analytics would have a huge effect on the heart of the enterprise
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