Buildings... property-in-the-open... It's a lot to track and manage for insurance purposes. But having the right data on your insurance Statement of Values (SOV) can make a big difference in the size of your insurance policy — and your ratings! But there's another type of property that, for some organizations, can be equally important [...]
Whether you use AssetWorks’ AMP software for property risk management or you’ve purchased another system, you may have noticed a line in your SAAS agreement called “maintenance.” With AMP, maintenance is included in your software package as a service. But you may have wondered: what does “maintenance” really mean? Typically, there are two kinds [...]
Our view of the workplace has changed so rapidly in 2020, it’s almost hard to believe that mere months ago most organizational activity and culture was steered from a unified office space. Now so many of us are out there, castaway to our own home office desert islands, Zoom-ing and Microsoft Teams-ing each other [...]
by Elliott Holmes, Software Developer, AssetWorks Risk Management Inc. In the Claims industry, automating the claims management process has evolved from “How can we achieve automation?” to “When can we achieve automation?” Despite the desire to employ today’s industry best practices, many organizations’ processes continue to revolve around the use of cumbersome Excel spreadsheets, [...]
We all know that age-old saying: “You get what you pay for.” And when you’re choosing a property appraisal company, there are several important factors that can prove that adage true. When you engage an appraisal firm, you place a lot of heavy responsibility into the hands of your vendor because, let’s face it, [...]
by Ryan Tate, Regional Director, AssetWorks Risk Management Inc. All property insurance programs are different: that, we know. But whether we’re talking about States, Risk Pools, or smaller public entities like counties, municipalities or school districts, it’s fair to say that they all have common problems when it comes to managing and perpetuating their [...]
An effective Property Risk Management System is about more than the property appraisal data that you pour into it. (Though collecting property data is still a critical part of the process.) It’s also about the robust level of information you can get out of your system. The ideal property risk management system should help [...]
