RMS Insurance Brokerage Signs up with Riskclick
Alliance provides scalable growth advantages to MGA through paperless workflow solution
NEW YORK, NY (June 16, 2004)

RMS Insurance Brokerage, LLC, a leading provider of insurance brokerage, consulting and insurance underwriting services to the franchise food industry, has purchased Riskclick's insurance-specific Business Process Management (BPM) solution.   By selecting Riskclick, RMS expects to streamline their business processes, ensure underwriting consistency and enhance service levels with customers and carriers alike.

Under the five-year licensing agreement with RMS Insurance Brokerage, Riskclick's BPM platform will support all of the Managing General Agent's transactions, from submission through to policy and endorsement issuance.   The solution will be fully collaborative, enabling RMS' clients, insurers and TPAs to enjoy the benefits of a paperless insurance environment.

RMS' strategic investment in Business Process Management software will ensure that incoming submission and endorsement data will flow smoothly through the underwriting process.   This issue is one of the key challenges facing today's insurance industry.   By deploying Riskclick, RMS will create efficiencies within their internal processes, and streamline interactions with clients and carriers.

John W. Read, CFO with RMS Insurance Brokerage added: "We chose Riskclick as our technology partner because of their strong track record in delivering industry-specific solutions to world-class insurance firms.   They offered a more complete and cost-effective approach than traditional imaging, document management and workflow vendors, giving us a distinct sales advantage and the ability to scale our business without having to add additional resources."

Combining the essential elements of workflow, imaging, document management and collaboration tools, Riskclick's BPM solutions provide a foundation for insurance companies and MGAs to make their business processes more efficient, capture key operational metrics and guarantee underwriting consistency.   By unifying the multiple, inconsistent data formats received by RMS into a single, electronic file that is managed uniformly throughout the policy lifetime, Riskclick can enable customers like RMS Insurance Brokerage to reduce costs, enhance agent/broker relationships, and significantly improve underwriting quality.

Gordon Surbey, North American President of Riskclick, stated: "We are extremely pleased that RMS Insurance Brokerage has decided to place Riskclick at the center of its growth strategy.   RMS is a dynamic commercial insurance firm that is committed to modern technology as an enabler for growth, client service and operational excellence."

About RMS

RMS Insurance Brokerage, LLC, provides insurance brokerage, consulting, and insurance underwriting services for its clients.   Based in Garden City, NY, the company specializes in the franchise food industry where it is the leading provider of insurance to the McDonalds franchisees.   For more information, visit www.rmsinsurance.com.

About Riskclick

Riskclick provides Business Process Management (BPM) solutions for the insurance industry.   Our software streamlines, structures, and automates the insurance processes. Find out more at www.riskclick.com.