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Web Risk Manager News
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New Asset Values Multiplier and Advanced Calculation Functionality -
Asset Values (Building, Machinery & Equipment, Inventory, etc.) can now be updated using multipliers across an entire account, Group, Business Unit, Country, State or by individual locations.
For more complex calculations, like those clients that develop building values based on construction cost, values can be developed in minutes using current cost of construction, COPE building area, and geographic multipliers.
May 2006
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BI Worksheet Functionality Added to Asset Values Module -
BI worksheets can now be uploaded by location at the same time values are entered. Completed BI worksheets are automatically stored by collection period within the Asset Values module location record and also in a Library BI worksheets collection period folder.
This elegantly simple solution accommodates multiple BI worksheet templates. In keeping with the previous Asset Value version one person enters values and now BI worksheets by location(s), values are automatically rolled up across the account and can be exported to an Excel spreadsheet without manual compilation.
September 2005
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Infrared Testing Inc. Goes Online With Web Risk Manager -
Infrared Testing Inc. will be putting its large accounts online with
Web Risk Manager this month. The company's decision will give its customers more choices on how to
manage its infrared inspections, stewardship reports and recommendations. "Our customers are excited about
our service enhancement. Keep in mind we are only using about 20 percent of the WRM system for our needs.
We should have more announcements soon about how we will take advantage of the other tracking modules
for our customers in 2005," said ITI Vice President Dan Malagoli.
November 2004
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PRESS RELEASE: Infrared Testing Enhancing Service Product with
Digital Solution

November 2004
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PRESS RELEASE: Multinational Businesses Choose Web Risk Manager -
U.S. Insurance Probe Forces International Changes

November 2004
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Web Risk Manager and Infrared Testing, Inc. (ITI) form Strategic Alliance -
Web Risk Manager and Infrared Testing Inc. announce a strategic
alliance to cross sell and package both professional services for large national and international property risk
management groups. ITI has remained on the cutting edge of the industry's technology.
In 14 years of operation, ITI has conducted 23,000 inspections in 38
countries. The company also provide loss prevention services to many
of the top 500 companies in the world.
October 2004
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PRESS RELEASE: Web Risk Manager and Infrared Testing Strategic Alliance

October 2004
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Spectacore Management Group Selects Web Risk Manager -
Spectacore Management Group selected
Web Risk Manager as their Enterprise Risk Management Portal solution.
Based in Philadelphia, Spectacore Management Group is a leader in private facility management specializing
in the professional management of public assembly facilities including arenas, stadiums,
theaters, and convention, exhibition and trade centers.
October 2004
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WRM releases Service Tracking Module -
The life of Brokers and Consultants who manage multiple accounts has
just been made easier and more efficient. Managing the services of
multiple insurance carriers and clients over the year is as easy as
entering the service and a due date. Upon completion enter the completed
date and transmitted to client date. Related or required documents can be
uploaded for easy access. E-mail reminders can be sent automatically when
a service item is past due. Historic location service information can be easily
referenced and reported on.
September 2004
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Hyatt Selects Web Risk Manager -
Hyatt selected Web Risk Manager as their Enterprise Risk Management Portal solution.
Hyatt specializes in deluxe hotels with meeting facilities and special services for the business traveler, operates hotels in major and secondary cities, airport locations, and leading resort areas throughout the world
April 2004
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PRESS RELEASE: Web Risk Management, Inc. with Aon/Schirmer
Operations in Chicago lands Hyatt as a new client

April 2004
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WRM releases enhanced Recommendations Reporting -
Recommendation Reporting has just been made more robust using Crystal Reports.
The new Recommendation Reports allow a user
to use more criteria when searching recommendations
and presents the information in a professional format with Client Logo.
Reports are easily exported to Word and PDF.
January 2004
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WRM announces Business Interuption Worksheet Module -
The BI Worksheet Module will aid in calculating daily and total business interruption values.
September 2003
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WRM announces Boiler & Machinery Module -
The B&M Module will focus on asset value data collection specific to Boiler and Machinery.
Additional features will include inspection and permit tracking.
September 2003
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Ford Motor Company Selects Web Risk Manager -
Web Risk Manager and
Schirmer Engineering were selected by Ford Motor Company on
August 30, 2003 to manage Ford's Global Property Information
program. WRM training starts with Ford September 15th worldwide.
August 2003
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PRESS RELEASE: Web Risk Manager Lands Ford Motor Company Account

August 2003
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WRM releases Recommendations Module -
Tracking property recommendations for carriers and re-insurers is more important than ever to receive quality rating and quoting. Why cut and paste responses from e-mails or attached documents. When recommendations are entered local management is notified via e-mail that they have new recommendations. They login and enter their responses directly into the Recommendation Module. If responses are not received in a timely fashion e-mail reminders are generated automatically. This module tracks the recommendation, status, completion date, who is responsible, etc. Some clients and brokers give access to the carrier to view the status at their convenience throughout the policy year. No more last minute rush requests to generate recommendation and response summary reports. The most current data is available 24/7/365.
July 2003
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WRM announces Service Tracking module -
The life of Brokers and consultants who manage multiple accounts has just been made easier and more efficient. Managing the services of multiple insurance carriers and clients over the year is as easy as entering the service and a due date. If the service is not completed e-mail reminders are sent automatically.
July 2003
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WRM announces COPE and Asset Values roll up report -
COPE and Values information can be efficiently gathered using the WRM modules. Now information such as values per sq.ft. can be easily accessed to see how your organizations values trend. After the values collection period is complete you have the ability to see how all values fields trend per sq.ft. All other COPE information is summarized in one row as a percentage of sq.ft.
July 2003
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WRM announces plans for a Marketing module -
Based on input from Brokers and Clients WRM announces the expected release of a Marketing module August 2003. Documents loaded during the year can be identified as marketing documents. When the time comes to provide the most current information to markets all it takes is a user name and password. All documents uploaded to the Library during the year are available to be downloaded as needed by markets. Why spend unproductive time assembling and sending documents via e-mail clogging e-mail systems. Or worse spending time and expense to create and mail CDs. Create your market submission during the year as documents are posted to the Library.
The Marketing module can also be accessed by a link placed in a broker’s on-line submissions portal. Code is provided to the broker that creates a hyperlink taking the market directly to a clients WRM Marketing module. Or individual markets are given a URL, user name and password to access the client’s marketing module. After the marketing period is complete the username and passwords expire.
July 2003
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Asset Values Module stores currency conversion rates, source and date -
The Asset Values module has been improved based on customer suggestions to include a permanent record of currency conversion rates, the rate source used and date. Conversion rates are also saved as part of the Values reporting process. Once your collection period is closed the period values and conversion rates can be locked by an administrator as a permanent record of that years values. The Asset Values reporting feature has also been upgraded with the option to include local as well as US values. Conversion rates, rate source and date are also added to your Asset Values report.
June 2003
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Stewardship and Marketing process simplified -
Brokers respond favorable to the WRM Library module. Marketing document-indexing process incorporates a stewardship process for producers/brokers. This process aids in the renewal process and demonstrates value from the brokerage/producer team.
No last minute scrambling to locate marketing reports, diagrams, flood map, photos, special reports on many people’s computer, network files or in e-mail boxes. When these documents are received they are immediately posted to your WRM portal. Prior to marketing review the documents, uncheck those previous marketing documents that have been replaced with more current information and your market submission is complete. This process also provides an excellent Stewardship process. Your client can see what value you have added throughout the year with their use of this ever-growing tool. More importantly you can’t forget or overlook important information completed during the year.
Why spend hours of unproductive time pulling together information to create stewardship reports and market submissions when WRM provides the tools to efficiently create these important documents as the year unfolds.
June 2003
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WRM portal reduce personal e-mail boxes -
Personal e-mail box sizes are becoming an issue in corporations. IT departments are looking to reduce personal e-mail box space. Companies are encouraging employees to “Clean Out” their e-mail boxes. Do employees really have the time or do you want them spending unproductive time cleaning out e-mail boxes? Is valuable information being lost and additional expenses incurred recreating deleted documents? A WRM portal Library is the solution and all account information is available on demand 24/7/365 to anyone with permission on the account team.
May 2003
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WRM reduces the pain of change -
Changes in insurance carriers, servicing personnel, new personal computers or computer hard drive crashes are a fact of life. How many times have important documents been lost forever? Change is inevitable but with a WRM Risk Management portal your data is save and secure.
May 2003
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WRM portal reduce personal e-mail boxes -
Personal e-mail box sizes are becoming an issue in corporations. IT departments are looking to reduce personal e-mail box space. Companies are encouraging employees to “Clean Out” their e-mail boxes. Do employees really have the time or do you want them spending unproductive time cleaning out e-mail boxes? Is valuable information being lost and additional expenses incurred recreating deleted documents? A WRM portal Library is the solution and all account information is available on demand 24/7/365 to anyone with permission on the account team.
May 2003
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WRM introduces Asset Values module
- he AV module allows property insurance values to be more efficiently collected. No more compiling multiple Excel spreadsheet and e-mails. Personnel around the world are given a user name and password. They login to the secure WRM portal. They can enter values one location at a time or all locations can be chosen and values entered in local currency or US dollars - as quickly & efficiently as they could enter them in an Excel
spreadsheet. Why loose locations or accidentally overwrite updated values cutting and pasting from one spreadsheet to another? Each person enters their values and they roll up into a single Asset Values report that can also be exported to Excel. Contact us today for more information!
April 2003
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COPE module ready for property brokers -
This module aims at capturing standardized site and building COPE data, drawings, photos, etc. routinely during the year rather than scrambling to collect information that can’t be summarized from an account perspective.
April 2003
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WRM announces the development of an Impairment module -
You asked for it and here it is - Why make all your local plant contacts change their impairment procedures every time you change insurance carriers. Instead change the notifications in your WRM portal impairment module. Local plant personnel will not even notice a change. After impairment is logged e-mails are directed to the current insurance company, broker or consultants.
Since all historic impairments are recorded in a single database this information can be provided to field consultants to review during site surveys.
April 2003
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WRM Library improved One Step Processing - Adding & indexing content for the Stewardship process and Marketing submissions can now be done in one step. Plus the WRM Library has added a new feature that allows you to build your next marketing submission as an on-going process throughout the year. Call today to find our more!
April 2003
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Roadway Selects Web Risk Manager -
Roadway Company selected
Web Risk Manager as their Enterprise Risk Management Portal solution.
February 2003
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Manitowoc Selects Web Risk Manager -
Manitowoc Company, Inc selected
Web Risk Manager as their Enterprise Risk Management Portal solution.
Manitowoc Company, Inc. is a diverse manufacturer with industry leading products
in Foodservice, Cranes, and Marine sectors.
December 2002
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Ferro Selects Web Risk Manager -
Ferro Corporation, a major global producer of performance material
for manufacturers, selected Web Risk Manager as their Enterprise Risk Management Portal solution.
September 2002
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