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What is Asset and Exposure Management?
Asset and Exposure Management provides public sector organizations with a centralized way to track the people, properties, buildings, infrastructure, equipment, vehicles, and other exposures that contribute to organizational risk. Rather than managing information across spreadsheets and disconnected systems, risk professionals maintain one complete, accurate record of their organization's assets alongside claims, incidents, and insurance information.
Keeping asset and exposure information currently improves insurance renewals, supports more informed coverage decisions, strengthens reporting, and provides leadership with greater visibility into the organization's overall risk profile.
What is Asset and Exposure Management?
Asset and Exposure Management provides public sector organizations with a centralized way to track the people, properties, buildings, infrastructure, equipment, vehicles, and other exposures that contribute to organizational risk. Rather than managing information across spreadsheets and disconnected systems, risk professionals maintain one complete, accurate record of their organization's assets alongside claims, incidents, and insurance information.
Keeping asset and exposure information currently improves insurance renewals, supports more informed coverage decisions, strengthens reporting, and provides leadership with greater visibility into the organization's overall risk profile.
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How Asset and Exposure Management Modules Work.
ClearRisk's Asset and Exposure Management Module enables organizations to maintain a complete inventory of the assets and exposures that support their insurance and risk management programs. Properties, facilities, equipment, infrastructure, and other exposures are managed within a centralized, cloud-based platform, ensuring information remains accurate, accessible, and easy to maintain throughout the year.
The module integrates asset and exposure information with insurance policies, claims, incidents, and reporting, giving organizations a complete picture of their risk portfolio. By centralizing documentation, asset values, locations, and supporting records, organizations can prepare for insurance renewals more efficiently, improve collaboration with brokers and insurers, reduce the risk of coverage gaps, and make more informed decisions about risk mitigation, capital planning, and total cost of risk.
How Does ClearRisk Claims Management Stack Up Versus Spreadsheets?
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With Spreadsheets |
With ClearRisk |
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Asset records are spread across files and require manual updates, increasing errors and delays. |
Asset and Exposure Management |
A centralized asset inventory provides accurate exposure data year-round, helping identify over- and underinsured assets before renewal. |
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Missing information, errors, duplicates, and version control issues. |
Data Entry & Tracking |
Standardized forms and centralized records improve data accuracy and ensure every asset and exposure is properly documented. |
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Reports take hours to create relying on multiple static data sources. |
Insurance Renewals & Reporting |
Produce accurate renewal schedules and supporting reports in minutes instead of days or weeks. |
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Decisions rely on incomplete and outdated information. |
Strategic Planning |
Complete asset and exposure visibility helps optimize insurance coverage, reduce premiums where appropriate, and lower total cost of risk. |
How does ClearRisk Claims Management stack up versus spreadsheets?
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With Spreadsheets |
With ClearRisk |
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Claims are recorded and require manual updates causing delays. |
Claims Management |
Claims managed in a cloud based platform with timelines and alerts. |
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Missing information, errors, duplicates, and version control issues. |
Data Entry & Tracking |
Centralized, logic-driven forms prevent errors and duplication. |
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Reports take hours to create relying on multiple static data sources. |
Reporting & Dashboards |
Real-time dashboards and one-click reports ensure accuracy. |
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Decisions rely on incomplete and outdated information. |
Strategic Planning |
Analytics and insights support proactive, data-driven decisions. |
Challenges with Manual Systems:
With ClearRisk:
Challenges with Manual Systems:
Lack of Risk Visibility
As a Claims Manager, spreadsheets make it difficult to identify where you have the most risk exposure, limiting your ability to proactively reduce claims.
Manual Workflows
Because of the labour intensive processes, much of your day is dedicated to manual data entry and report building, instead of being focused on site visits, safety initiatives, and making informed decisions.
Process Delays & Inefficiencies
Without a cloud-based option, collaboration is non-existent meaning moving claims through the system takes weeks or months longer than it should.
Our Solutions:
Online Claims Reporting
Staff or 3rd parties can submit claims from anywhere, at any time, using simple, intuitive forms designed for ease of use.
Automated Workflows & Email Integration
Email integration enables your inbox to be connected to ClearRisk, while automated workflows trigger notifications, assign tasks, and update statuses based on claim activity.
Centralized Data Management
All claim data, documentation, and communication are stored in one secure, cloud-based system for easy access and collaboration, and can be integrated with TPAs, Insurers and internal finance, asset and employee systems
Custom Reporting & Analytics
Select from ClearRisk’s robust pre-built reports library or build custom reports to uncover trends, identify root causes, and make informed, proactive risk decisions.
Pricing Info
An easy-to-use, quick-to-implement alternative without the enterprise price tag. Asset and Exposure Management is part of a group of core modules within the ClearRisk platform. To learn more about pricing that scales with your organization, click on the button below.
Pricing Info
An easy-to-use, quick-to-implement alternative without the enterprise price tag. Claims Management is part of a group of core modules within the ClearRisk platform. To learn more about pricing that scales with your organization click the button below.
