RiskAware has been servicing workers compensation customers specifically in the Professional Employer Organization and Temporary Staffing industries since 2007. Their understanding of aggregated jurisdictional and worker classification within a master policy and portfolio of policies is key to their deliverables of cost containment for their claims advocacy and risk management platforms.
Together, RiskAware and i3 Analytics will continue to develop and deploy custom risk management services packages that include web-based dashboards of key performance indicators coupled with actionable advice and services branded under RiskAware.
Dan Leporati, ARM, President of RiskAware stated, “The new relationship between i3 Analytics and RiskAware combines the ability to aggregate and analyze detailed claims and risk exposure data and return simple visualizations that illuminate risk and cost concerns. Those visualizations lead to targeted corrective and proactive service deliverables to help RiskAware’s clients avoid and reduce losses. i3 Analytics and RiskAware represent both the art and science of insurance.”
About i3 Analytics LLC
i3 Analytics is a financial technology firm backed by the Insurance Distribution Investing Group (IDIG) and Risk Transfer Insurance Agency. i3 currently works with insurance companies, investments banks and private equity companies providing predictive modeling software, data visualization services and web-based mobile applications. i3 technology has processed more than $15 Trillion of US payroll, premium and claims data since inception. IDIG is a joint venture between private equity partner Dowling Capital Partners and insurance agency conglomerate the Capacity Group of Companies.
About RiskAware LLC
RiskAware is a full service-consulting firm that specializes in occupational safety, risk management and claims administration solutions. Our business is dedicated to providing risk management services that focus on identification and mitigation of financial loss sources for our clients. Our value lies in the execution of our consultative process: we identify individual issues that are unique to our clients and create customized solutions that will mitigate losses. We look for proven solutions based on sound engineering, administrative and behavioral modification practices. Through our consultative process on risk management matters, we can assist any organization in lowering operational, insurance and other costs.