SCM RMS Overview
- 1. an SCM company www.scm.ca Risk Management & Consulting Services SCM Risk Management Services (RMS) offers appraisal, loss control, and enterprise risk management services to help brokers keep overhead expenses down while simultaneously empowering them to provide creative and strategic solutions to clients. Access RMSs outsourced tools to help: increase the cost-effectiveness of your services maximize your premiums and commissions offer services that set you apart from your competitors increase your capacity to bid on more projects generate new business Risk Management Services Commercial & Residential Building Valuations Commercial and residential buildings continue to increase in value over the years for a number of factors, and because these factors often go unnoticed at renewal time (especially in the case of secondary or vacation homes), property owners run the risk of being caught under-insured. If this is the case when a loss occurs, the insurer can impose a co-insurance clause, making the owner accountable for the portion that was undervalued. RMS performs commercial and residential building valuations to ascertain accurate replacement cost figures. These valuations help property owners ensure that their portfolio of properties is insured to the current value that it would cost to rebuild. By combining national historical data with local knowledge about factors such as the available pool of skilled contractors and labourers, current material costs, the economy, debris removal, and equipment costs, our loss-control specialists provide qualified and thorough appraisals. Procure RMSs commercial and residential building valuation services and provide your clients with peace of mind knowing that they will be fully covered should one of their properties suffer a loss. Loss Control Inspections Help your clients pro-actively mitigate risks and strategically manage capital assets by empowering them with accurate and up-to-date risk information from loss control inspections. These inspections thoroughly catalogue potential risks in a given location and provide risk managers or business owners with recommendations for mitigating those risks. With backgrounds in engineering and risk-management, RMSs loss-control specialists provide quality loss control inspections which can be done in conjunction with property valuations. an SCM company
- 2. Risk Management Software RMS has created a tool to help companies manage their risk management programs. Risk Register is a Web-based software program that can help your clients identify, analyze, prioritize, monitor, and communicate risks to be mitigated. Your clients can use this tool to drive strategy and align operational plans, in turn reducing risk, mitigating loss, and controlling costs. This software was developed completely by RMS and can therefore be customized to your clients specific requirements. In addition, relevant claims data for each property can be recorded and kept within Risk Register. This data enables risk managers to access all property-related information from a single source. Engineering Report Audits Property engineering reports often produce convoluted and expensive recommendations. For your clients, this makes compliance to an insurers codes seem daunting. RMS can help your clients demystify engineering loss-control reports by reviewing the reports to synthesize and distill recommendations, and in turn prioritize the elements that matter the most. Our engineers review the initial report and produce a second summary report that explains any third-party recommendations in plain language. Most importantly, we often produce alternative recommendations that save corporations thousands of dollars while still adhering to code. iClarify: Property Insurance Valuation Tool As the greatest repository of total-loss claims nation-wide, iClarify is a comprehensive property validation and valuation tool developed by RMS to provide brokers with unique, accurate, and transparent data verification. Use iClarify to: Access a clear outline of property information, valuation data, and claims history Validate consumer data throughout the quoting phase Identify properties that are significantly underinsured Provide renewal update information for in-force policies Accurately calculate annual inflation factors Obtain pricing based on policy count You can also access geo-coded streetscape and satellite imagery, allowing you to see the risk. iClarify provides you with a solid understanding of your clients risks, empowering you to provide informed advice. Visit www.iclarify.ca to watch a video about this revolutionary tool. To learn more about our additional services and how you can leverage RMS to better serve your clients, I invite you to contact me. Tracey Burkitt-Black Business Development Manager, Western Canada SCM Insurance Services Toll Free:1.877.859.0530 T: 780.930.5326 C: 780.504.4476 E: tracey.burkitt-black@scm.ca W: www.scm-rms.ca an SCM company