Risk Management Software

Risk management information systems (also known as RMIS) were supposed to be information systems to identify, measure and manage risk throughout the organization. Unfortunately, because they were initially developed by insurance companies, they ended up turning into risk management insurance systems providing tools to manage claims and insurance policies (underwriting risk) only.

risk management software

INSIGHT’s ChancesR®, is a true RMIS entirely developed by risk managers for risk managers, with tools to identify and assess risk (Insight ERM©); to control risk (Insight Claims©, Insight BCP©, and Insight News©); to mitigate risk (Insight RFP©, Contractual RM©, and Hedging Master©); and finally to monitor risk (Real-time Budgeting©).