In an environment where the traditional risk manager’s role is continuously expanding beyond insurance, HUB’s Risk Management Information System (RMIS) can help your organization better understand, quantify and report its risks from a variety of sources. RMIS assists real estate clients with enterprise-wide risk management activities including, managing locations, leases, business income, safety and loss prevention, total cost of risk (TCOR), certificates of insurance and reporting of key metrics to business stakeholders.

LOCATION MANAGEMENT ƒ

  • Maintain unlimited number of locations and hierarchies. ƒ
  • Store unlimited number of hierarchy levels allowing property owners or tenants to drill-drown to specific areas of a building or organization. ƒ
  • Create views to display specific location information such as OSHA Recordable, COPE, or exposure data. ƒ
  • Attach documents such as Certificates of Insurance, policies, lease agreements, pictures and videos at any location level.

PROPERTY AND LEASE MANAGEMENT ƒ

  • Create and import locations using physical addresses or GPS coordinates. ƒ
  • Track and manage multiple types of locations such as: condominiums, apartments, industrial, mixed occupancy, office buildings, retail properties, warehouses. ƒ
  • Track lease agreements, tenant types, and unit classes. ƒ
  • Manage key property and tenant contact information. ƒ
  • Send form letters and emails directly from RMIS. ƒ
  • Track construction, occupancy, protection, and exposure information at each location. ƒ
  • Seamlessly import and export critical property data. ƒ
  • Import data from building valuation systems to accurately determine insurance limits and premiums. ƒ
  • Track tenant improvements and betterments (I&B). ƒ
  • Loss expectancy tracking (expected maximum loss, maximum foreseeable loss, probable maximum loss, etc.). ƒ
  • Scheduled reporting for OHSA 300, 300A and 301.

SAFETY AND LOSS PREVENTION ƒ

  • Track property inspections and audits, loss prevention and corrective actions, workflows, and notifications. ƒ
  • Import inspection data in real-time or from historical data sources. ƒ
  • Customized incident reporting forms with the ability to upload supporting documentation and pictures at any location level. ƒ
  • Incident Investigation. ƒ
  • Pre-loss safety inspections and compliance audits. ƒ
  • Virtual safety libraries that can be customized at any location level. ƒ
  • Maintain chemical inventories and Safety Data Sheets (SDS).

TOTAL COST OF RISK (T.C.O.R) ƒ

  • Automate the process of collecting and loading location exposure information such as: Statement of Values (SOV), man-hours, vehicles, assets, and TIV. ƒ
  • Calculate total cost of risk using specific cost elements: losses, premiums, direct and indirect costs. ƒ
  • Allocate insurance costs across organization quickly and accurately by using intuitive allocation tool. ƒ
  • Create weighted formulas that take into account losses, premiums and other fees. ƒ
  • Archive previous allocations for future reference.

CERTIFICATES OF INSURANCE COMPLIANCE ƒ

  • Create limitless custom risk profiles such as: tenant, contractor, vendor, etc. ƒ
  • Select different requirements by coverage or risk profile. ƒ
  • Generate limitless custom email templates. ƒ
  • Group email records (about to expire, those with deficiencies or a customized group). ƒ
  • Upload insured data from spreadsheets for rapid implementation. ƒ
  • Track custom data for each record. ƒ
  • Identify expired, expiring and deficient certificates. ƒ
  • Create custom views and filters, and run deficiency reports.

PROPERTY AND BUSINESS INCOME

Through HUB RMIS’s policy module and document management functionality, track specific policy coverage information such as: ƒ

  • Property and Business Income ƒ
  • Boiler and Machinery ƒ
  • General Liability ƒ
  • Environmental ƒ
  • Builders Risk ƒ
  • Umbrella and Excess ƒ
  • Workers’ Compensation ƒ
  • Waiver of Subrogation

REPORTING ƒ

  • Array of preconfigured reports, with the ability to create customized reports on the fly. ƒ
  • Dashboards to monitor locations and safety programs. ƒ
  • Schedule and distribute dashboards, notifications and reports automatically.