Navigate a New Era of Risk Management with Confidence!
As the insurance landscape continues to shift, risk pool and state risk managers find themselves under growing pressure. You’re tackling challenges like rising property valuations, the management of increasingly complex data, social inflation and nuclear verdicts. All while working hard to ensure accurate underwriting and support your insureds in new and engaging ways.
So to meet these demands, you need technology that’s built with your specific needs in mind. RiskStar was (and continues to be) created in collaboration with risk professionals like you to help you navigate the complexities of risk management. And with its strong foundation in property data and valuation management for risk pools, RiskStar is just getting started!
Here are five reasons why RiskStar should be a part of your risk management strategy today — and for the future!
1. RiskStar helps you meet the underwriting requirements of an ever-changing property insurance market
With roots in property data and valuation management, RiskStar empowers risk managers to efficiently maintain their statement of values (SOV), simplify the insurance renewal process, and help ensure accurate property insurance underwriting.
Configurable and user-defined fields allow you to track and report on the property, valuation, COPE, and CAT data you need, to go to market with confidence and help your insureds mitigate risk. Built-in valuation tools, unlimited user access, approval processes, and an auditable history are just a few of the reasons RiskStar serves as the property system of record for nearly 100 risk pools and states.
2. With RiskStar, you can turn detailed data into actionable insights
Don’t just manage your data, transform it into actionable insights with RiskStar. Whether you want to prepare a detailed report to market your property portfolio in the reinsurance market, import a new member and all their insured assets in one fell swoop, or benchmark property values across your portfolio, RiskStar has you covered.
Every field in the system (that’s right — standard, configured, and user-defined) is reportable! And out-of-the-box reports like the TIV report and value variance reports —along with any custom-created reports — can be delivered to your inbox (or your colleague’s inbox) at a daily, weekly, monthly, or quarterly cadence. Dynamic dashboards, flexible reporting, and a valuation estimator give you the data you need to drive insight, showcase your property portfolio, and make informed decisions.
3. RiskStar can help you enhance member engagement through technology
The RiskStar Solution and Customer Experience Team aim to provide every user, from the tech savvy to the less technically-inclined, with a positive experience.
What’s the secret? Personable customer support paired with in-app features to help users navigate their next task. Quick tips located throughout the application teach users what certain fields mean or how the system functions work, while RiskStar’s new announcements and email feature helps system administrators remind users to complete tasks like reviewing and approving their statement of values or completing their underwriting/ loss exposure survey. This high level of service and in-app communication helps ensure deadlines are met and members feel supported and informed every step of the way.
4. Providing an exceptional customer experience is a core value of the RiskStar team
At RiskStar, we don’t just offer technology, we provide partnership. Our hands-on, responsive and personable customer success team is committed to helping you make the most of the platform. From initial setup to ongoing support, we work closely with your team to ensure success. But don’t just take our word for it…
“We’ve been working with Centurisk for over 10 years now and that relationship has been great. Their team feels like an extension of our own. Whether we have a new member come on board that needs buildings appraised quickly, have questions about the many functions of their software platform, or simply want to understand how a particular value was established, the communication and responsiveness of the entire Centurisk team allows us to keep things moving forward. Their innovative, public-sector, member-centric approach aligns perfectly with our priorities.”
—Kevin Meehan
Public Risk Underwriters“Working with Centurisk has been great. It’s not like working with some big conglomerate that just says this is how it’s going to be. They’re extremely responsive. They’re always looking to deliver the best product for us.”
—Derek Bryan
WCRP Executive Director
5. RiskStar was built for risk pools by risk pools, designed with your needs in mind
RiskStar was developed alongside the very risk pools and state risk managers who use it, helping ensure that it meets the unique needs of the industry. While many technology providers focus on attracting a wide range of prospective customers, we pride ourselves on understanding what truly matters to risk pools and state departments of risk management.
We recognize that, in the eyes of your insureds, our team and our technology serve as a reflection of both us and you. And we want everyone to look good !
We’re not just focused on today but on the future, as well. That’s why we’re introducing RiskStar Innovators, a new customer advisory board that can help shape the future of RiskStar. This collaborative approach ensures that, as the needs of pools and states evolve, so can our solutions. Don’t forget: the “u” in the middle of Centurisk is there to remind us to keep you and your insureds at the center of everything we do.
In a world of growing complexities, RiskStar is the solution that brings clarity, efficiency, and confidence to risk management. Built with input from industry leaders and tailored to meet the unique challenges of risk pools and state departments of risk management, RiskStar is your trusted partner to navigate the ever-changing insurance landscape. The future of risk management is RiskStar.