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RSG leads the risk management information system industry in data consolidation. We start with our standard data conversion processes and then adjust them to meet your specific data needs, allowing for highly efficient quality control. We make it our business to understand every detail of your loss information. Working directly with you, we become thoroughly familiar with your various data providers, as well as all data requirements and instructions. The result is accurate and reliable data that is available in a timely manner and tailored to your needs.
Accurate interpretation of each data field is a critical component of the consolidation process, particularly when you are dealing with financial information. For example: How does a carrier define reserves? As outstanding or incurred? Are recoveries included in total paid? RSG employs teams of highly trained information specialists who learn the precise meaning of every field from every data source. We have the insight to uncover subtle data nuances, variations in defining parameters, and potential problems. We make every effort to ensure that data flows consistently from claim to claim and period to period, making consolidation loss information meaningful-regardless of the complexity, origin or number of data sources.
Data consolidation is a customized service incorporating our proprietary processes with data rules defined by you. RSG has the know-how to rebuild the audit trail of takeover claims as well as convert a variety of data types including incidents, claims, payments, adjuster notes, exposures, policy, disability, and safety and loss control. We update your database, as often as you wish and by any medium you prefer. RSG manages the data on your behalf, making it available for online access and analysis through our query and reporting tools.
Equipped with useful and accurate information, you will have greater confidence in addressing risk financing, early intervention, and loss prevention initiatives to reduce your overall cost of risk.
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