Mission Critical Investment

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Just like CFOs and Controllers invest in an ERP (Enterprise Resource Planning) system to do their jobs properly, risk managers and their account management staff needs the IRMI KnowledgeBase to do their jobs properly. IRMI is a mission critical investment rather than discretionary expenditure.

Identify and Close Gaps in Coverage

Using the IRMI KnowledgeBase with its explanations of policy provisions, endorsements and related coverage intent of provisions to identify gaps in coverage and work with your agent or broker at closing the discovered coverage gaps is worth:

• $100,000 to $Millions in avoidance of uninsured losses

Negotiate Claims Decisions

Using the IRMI KnowledgeBase with its explanations of policy provisions, endorsements and related coverage intent of provisions as 3rd-party support to negotiate adverse claims decisions is worth:

• $100,000 to $Millions per reversal of each denied claim

Improve Coverage and Lower Costs

Using IRMI to improve loss control, develop better contractual risk transfer agreements, and enhance risk management programs is worth:

• $100,000 to $Millions in avoidance of contract disputes and unexpected and uninsured losses, 3rd-party support to your decisions and recommendations with related upper management confidence