The IT Hit List:  Seven Key Features in a Risk Pool Solution

The article entitled, “GSRMA Implements New Management Software,” has been published in the July-December 2010 issue of Membership Matters, a newsletter by the Association of Governmental Risk Pools (AGRiP) based in Prague, OK. It can be found posted on the AGRIP website at: www.AGRiP.org/services/newsletter. The article taken from, "The IT Hit List: Seven Key Features to a Risk Pool Solution," illustrates how one government risk pool —Golden State Risk Management Authority (GSRMA) —was able to reap the benefits of implementing the CHSI Connections Management System.

Traditionally, government risk pools have relied on multiple information systems, databases, and spreadsheets—as well as manual, paper-based processes—to collect and manage member information. This has made administration time-consuming, labor-intensive, and costly—not to mention fraught with data accuracy issues.

In the past, available technology solutions were either designed for insurance companies and extremely expensive, or they required a lot of customization to meet a government risk pool’s specific data management needs. Today, solutions specifically designed for government risk pools are finally emerging, and pool administrators must be aware of the seven key capabilities to look for in a new system.

Click here to read the full article.

About AGRIP
AGRiP was organized in late 1998 as a membership organization for public entity risk and benefits pools in North America. The AGRiP Sourcebook lists close to 500 public entity pools that are eligible for membership in the association. These pools provide a wide range of property, casualty, and workers ’ compensation and employee benefits programs for their members. For more information about AGRIP, visit www.agrip.org.

About CHSI Technologies:
CHSI Technologies offers a suite of software solutions designed to diminish the time and effort involved in policy administration for the insurance industry. The technology integrates dissimilar systems so that access to information is available on a real-time basis. The web-based solutions provide complete policy administration that link claims information and financial data for critical risk management decisions. CHSI Technologies is headquartered in Las Vegas, Nevada. For more information, visit www.chsitechnologies.com.