About iRIS
iRIS is a powerful information portal that provides a consolidated platform to strategically maintain, manage and analyse risk exposures, associated risk transfers and policy documents. The system enables the electronic collection and collation of risk information seamlessly across multiple locations. Integrated with notification, report-generation and document management functions, iRIS facilitates communication, promotion and educational needs of global risk management and seamlessly. It also integrates these functions with the management of insurance and risk management data and processes. Specifically designed for multinational, regional companies and their global, regional requirements respectively, iRIS has the following core components & capabilities to deliver the client requirements:
What can iRIS do?
iRIS makes it easy to collate risk information, policy summaries and documents across multiple locations. Instead of manually underwriting data and risk information via emailed questionnaires, iRIS provides a single platform to create and deliver e-questionnaires and trigger timely response. The system also eliminates manual collation of information. Instead it can automatically pull responses and generate reports. This streamlines and speeds up the risk management process.
The principles of risk management should be an integral part of our processes and decision-making. Risk management has evolved to proactively integrate into decision-making, core business processes, the overall culture of the organisation, and become a trusted advisor. The comprehensive ERM System (core component of iRIS) is a management tool designed to improve planning, budgeting, performance management and other core business processes. Risk management also helps management to make more informed business decisions to help achieve strategic or operational goals & may even highlight the need to change the strategy altogether due to an unacceptable level of risk.