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Asset Management

Using data to keep track of all that you own.

Managing assets such as real property, vehicle fleets, inventories, and contractors' equipment, and more is no small undertaking. In fact, it takes an army of people and a whole lot of organization to keep these assets maintained.

A robust and comprehensive asset management solution is a must. Risk managers at organizations like Northview Apartment REIT and Ivanhoe Cambridge have been putting ClearRisk’s solutions to use for all types of tasks—like resource management and request processing, and even predictive maintenance.

Our solution can integrate and analyze asset management data across any number of locations, departments, and business units. It has successfully empowered risk managers to increase maintenance management efficiencies, lower those costs and keep their assets functioning.

Key Stats

Why Risk Managers and Senior Management love ClearRisk.

Enhanced risk management. Greater operational excellence.
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Reduced the time spent on manual tasks: Up to 84%

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Reduced the time spent on preparing claims data reports: Up to 95%

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Reduced the Total Cost of Risk (TCOR): Up to 48%

Asset management analytics dashboard
Key Benefits

How we will help you.

● Comprehensive data collection and reporting on COPE data (construction, occupancy, protection, and exposure, as well as associate equipment records)

● Streamlined processes for additions to properties

● Valuations

● Premium allocation

Learn More
Asset management analytics dashboard
Software & Integration

Predictive Scheduling & Maintenance

Assets require a large investment to operate them, and to make the most value and return from them. Our Asset Management Software identifies costly units, enables you to make asset retirement decisions and avoid breakdowns by automatically scheduling appropriate maintenance.

Parts, Service Requests, and Equipment Inventory

With our Asset Management Software, you can track and assign all purchased parts and services to work orders or pieces of equipment. All data including expiry dates, invoice numbers, cost, warranties, and vendor information is stored in one central location. Attach tasks,activities, and notes to individual pieces of equipment for quick detail retrieval.

Warranty Management

Track warranty dates and launch work orders from within individual parts or service listings. Automated email notifications ensure expiry dates aren’t missed.

Vendor Management

Assign specific vendors to parts or service orders. Draw in history, contact, contract, and cost information automatically to negotiate lower prices while holding vendors accountable. Create activities and tasks and set important reminders.

Document Management

With our Asset Management Software, you can attach supporting documentation and notes to any record, allowing for full transition to a paperless environment.

Upload files directly or electronically via email into the document database, which is then searchable by title, subject, or content for quick retrieval. Export and share documentation with outside parties in one click.

Online Web Portal

Immediately capture incident data from any smart device with our Online Data Intake Tool. This collection method is proven to increase data integrity and capture all necessary information. Mandatory fields and remote access eliminate in-house data entry and make data available for instant analytical reporting, uncovering previously unknown high-risk areas.

Reports

Take the guesswork out of data analytics. Reduce costs and improve safety by drilling down to specific claims, incidents, events, and locations.

Modify pre-built report templates such as summary, ad-hoc, TCOR, as-of dates, loss ratios, and claim and incident trends, or create customized reports from scratch with an unlimited number of filters and tools to dissect data. Export reports to PDF or Excel to share outside the platform, or automatically send emails based on schedules or trigger events.

Dashboards

Empower your team with dashboards. Customize and distribute key performance indicators to decision makers and stakeholders in your organization using stunning visuals. ClearRisk's Dashboards allow claims and risk managers, and senior management to see real-time developments of trends, adverse developments, problems areas, and a host of other information and analytics that need constant visibility.

 

Data Migration

We understand the importance of historical data and enforce strict data integrity rules during implementation. We’ll work with you to clearly define internal processes and understand data relationships.

We can migrate data from various internal systems, spreadsheets, and 3rd party software providers, as well as past and current service providers, such as TPAs, adjusters, and carriers.

Implementation

Our implementation is a thorough process that enables maximum efficiencies and customized workflows to adhere to any internal environment. Our team will work closely with you to define the end goals, system set-up, and customization. We provide project timelines with crucial milestones and desired end dates to keep the project on track.

Integration

Business functions and output flourish when automation is enabled and redundant tasks are eliminated. We understand that technology maximizes efficiency and can significantly impact an organization as a whole.

Our system accepts data feeds in and out of the platform to communicate with in-house accounting, HR, and payroll systems; adjusters, TPAs, and carriers; worker compensation providers and agencies, and more.

Outcomes

Meet the new you.

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Lower TCOR

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Accelerated renewal process

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Automated values and COPE data collection

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Enhanced data iIntegrity and accuracy

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Removed financial wastage

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Increased compliance and accountability

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Enhanced corporate memory

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Improved visibility and decision making

Jeff Damberger, Northview Apartment REIT, Insurance and Risk Specialist.

“Honestly, it’s a great product, but the product isn’t just the system, the product that I really love is your team. I’ve had great responses, quick feedback, it’s never a battle... it’s awesome! We’re able to provide more service and answer more questions for the rest of the company than ever before.”

Customers who trust us.

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Our Customers
Case Study 1

With our solution, The Keg reduced fraud/scamming over 110 locations through enhanced risk management data analytics and insights.

Case Study 2

Goodlife Fitness, a fitness chain with 405 locations & 13,000 employees, uses our solution in many value-added areas not imagined when coming on-board.

Data Security

We keep it secure.

There's nothing more important to us than the security of your data. We understand how critical it is to your organization as well. We work with the most secure platforms available. Contact us to request our Security Program documentation detailing Application Security, Data Centre Security, Compliance and Certifications.

Interested in learning more?

Let’s Chat.

The next step is to schedule a discovery session so we can understand your risk management needs in more detail.

Contact Us