GenRISK
GenRISK is the Risk Analysis and Reporting Module with tools to analyze total corporate risk exposure. This umbrella module to GenSource's family of systems uses a common format for all risk experiences. GenRISK acts as a central point of data storage when claims are handled by an external insurance company or third party administrator (TPA). By using GenRISK you improve your ability to make decisions regarding risk management through complete risk information assessment.
GenRISK features and benefits include:
- Powerful "as of" reporting for varied accounting periods
- Allows users to create their own mini-database for faster and more focused ad hoc reporting
- A set of loss development management tools, including Loss Triangle generation
- Calculates loss ratios for comparison and evaluation
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