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Risk and insurance · Knowledge Management (rm.Documents and rm.Experts)

Answer coverage questions once

Keep policies, procedures and FAQs in one library, and route questions to the right subject matter expert.

RiskWorks 13 · Coverage questions
Asked this month64
Answered from library48
With an expert16
Are rented lifts covered?Answered from the library
Answered
Do we need event insurance?Routed to the casualty lead
With expert
Who signs a waiver?Answered from the library
Answered
Is this vendor contract OK?Routed to contract review
With expert
Sample data

The problem

Staff ask risk management the same questions again and again, and the answers live in individual inboxes. Answers vary by who replies, the risk team spends its time on repeats, and when someone leaves, what they knew leaves too.

Where it hits your total cost of risk
  • Premiums32%Not directly affected.
  • Retained losses62%Not directly affected.
  • Cost to manage risk6%In this example, educating the workforce and answering questions takes about 140 staff hours a year, roughly $10,000.

Typical split from the Risk Diagnostic’s example: a public agency with a $1.2 billion budget. Take the diagnostic and this chart shows your own numbers.

What it does

Document library

Policies, coverage summaries, procedures and forms in one searchable place.

FAQs

Self-service answers to common questions.

Expert routing

Questions go to the right expert, with answers saved for next time.

Most common questions

Publish an annual list of the most common risk management questions.

Publishing and versions

Post, edit and publish content and documents in common formats (PDF, Word, Excel, PowerPoint, video and more), with full revision history.

Organized your way

Classify content by type, topic, author or audience, and rank it by popularity, feedback and date.

Subscriptions

Users sign up for alerts when new content is published on a topic or by an author.

How it works

  1. 1Question asked
  2. 2Library and FAQs searched
  3. 3Routed to an expert if needed
  4. 4Answer saved to the library

What to expect

4–8 weeksTypical rollout, from kickoff to go-live

Who uses it

Risk management teams supporting a large organization.

Questions

What goes in the library?

Policies, coverage summaries, procedures, forms and FAQs.

Who answers questions the library cannot?

The question goes to the expert for that topic, and the answer is saved for the next person who asks.

Related

Policy Management

Every policy, binder and endorsement in one register, read in by AI, with renewal dates, documents and approvals attached.

Learn more

Certificate Issuance

Issue, renew and distribute certificates of insurance to your customers on demand.

Learn more

Incident Reporting

Capture incidents once, decide whether insurance applies, and report to your carrier when it does.

Learn more

What does risk cost your organization?

The free Risk Diagnostic gives you an approximate total cost of risk and shows where your organization’s time goes, compared with your industry. Then review it with an Exigis analyst at no cost.