Control costs of insurable risks
Ensuring a proper coverage of risks through insurance policies is challenging. Policies cover a wide range of areas. Organizations struggle to monitor the costs of policies related to insurable risks. The Enablon Insurance and Claims software application covers all aspects of insurance and claims management. It centralizes all insurance policies, allowing companies to better compare policies and negotiate better premiums and deductibles.
Identify cost savings opportunities by monitoring premiums and deductibles. Optimizeinsurance coverage and costs by aligning them with insurable risks and assets. Anticipate costsby simulating an insurance budget based on assets and claims.
Improve policy performance
Monitor policy performance based on claims losses and insurance premiums. Measure and report on key claims performance indicators, such as TCOIR (Total Cost of Insurable Risk). Improve your insurance coverage by eliminating redundancies and overlaps.
Manage the entire lifecycle of claims
Centralize and consolidate all claims throughout your organization for submission to insurance companies. Evaluate the effectiveness of your insurance coverage by associating claims to insurance policies, as well as events and impacts.
Enablon offers a large set of applications to manage operational risks, ensure compliance, improve performance and engage with stakeholders. Find the ones that fit your needs.
Continuous Assessment Software
Continuously monitor the effectiveness of internal controls that are deeply embedded and integrated in day-to-day business operations. Make sure that processes are operating efficiently and effectively. Reduce the risks of adverse events to enable operational excellence.
Internal Audit Management Software
Achieve your corporate goals through independent and objective assurance activities. Improve risk management processes and strengthen all three lines of defense through effective internal audit. Properly plan and prioritize internal audits and the time and tasks of internal auditors.
Internal Control Management Software
Implement a consistent, robust and transparent internal control framework to ensure that processes are working efficiently and effectively towards the achievement of operational excellence, and to avoid adverse risk events that could harm corporate reputation.
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