Travelers Showcases Peer Benchmark Dashboard Applicationfore- CARMA Usersat RIM S 2011

Published in Business and Finance on Monday, May 2nd 2011 at 21:20 GMT by Market Wire
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VANCOUVER, British Columbia--([ BUSINESS WIRE ])--Helping risk management professionals better position their workers compensation and claims management programs, Travelers (NYSE: [ TRV ]) announced today the availability of its Peer Benchmark Dashboard for e-CARMA users. Developed by [ Travelers National Accounts ] and [ Risk Management Information Services (RMIS) ], the Peer Benchmark Dashboard delivers data interactively, providing a comparison of a customera�s key performance outcomes to those of its industry peers.

"The Peer Benchmark Dashboard will allow Travelersa� customers to better manage their claims and risk management programs."

aBy offering the Peer Benchmark Dashboard, Travelers is providing risk management professionals with the information they need to identify their organizationsa� performance trends compared to their industry peers,a said Michael Strietelmeier, Vice President, [ RMIS ] at Travelers. aThe Peer Benchmark Dashboard will allow Travelersa� customers to better manage their claims and risk management programs.a

Available on request to e-CARMA users, the interactive Peer Benchmark Dashboard graphically presents more than 20 workers compensation performance outcomes and metrics and supports geographic analysis.

Current and potential customers and independent agents and brokers attending the [ Risk and Insurance Management Society (RIMS) 2011 Annual Conference and Exhibition ] in Vancouver this week will have the opportunity to see a demonstration of this dashboard at the [ Travelers Booth, #1521 ].

The e-CARMA suite of products includes the functionality risk managers need to monitor and analyze performance results on a day-to-day basis. Functionality includes: claims management, safety analysis, Occupational Safety & Health Administration (OSHA) tracking, loss forecasting, loss/frequency rate analysis, key performance trending and risk management goal tracking. e-CARMA is a proven resource available to more than 15,000 customers and their agents and brokers. The easy-to-use, [ customizable ] system delivers intuitive functionality that helps to manage an organizationa�s total cost of risk.

About Travelers

The Travelers Companies, Inc. (NYSE: [ TRV ]) is a leading provider of property casualty insurance for [ auto ], [ home ] and [ business ]. The companya�s diverse business lines offer its global customers a wide range of coverage sold primarily through independent agents and brokers. A component of the Dow Jones Industrial Average, Travelers has more than 30,000 employees and operations in the U.S., Canada, U.K. and Ireland. The company generated revenues of approximately $25 billion in 2010. For more information, visit [ www.travelers.com ].

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Travelers Showcases Peer Benchmark Dashboard Applicationfore- CARMA Usersat RIM S 2011