Milwaukee, WI, November 30, 2005 –
Officials from Zywave, Inc. and Specific Software Solutions
announced today that the companies are partnering to enhance workers
compensation mod analysis technology with an interface between
RALLE® Warehouse and ModMaster version 4.0. Zywave’s
RALLE® Warehouse—Risk Analysis Loss & Liability Examiner— is a
Web-based system designed to identify loss drivers, help reduce
claims and injuries, improve safety, and lower premiums. Specific
Software’s ModMaster software is used to compute and analyze the
workers’ compensation modification factor.
“RALLE Warehouse uses an innovative
online analytical process that allows agencies to view claims data
in numerous ways and analyze claims experience by various factors to
pinpoint issues. The interface with ModMaster allows brokers to
leverage the workers’ compensation claims data captured in RALLE
Warehouse to help clients fully understand their mod and the best
ways to manage it, “said Dave O’Brien, Executive Vice President of
Zywave.
“Once a broker can identify problem
areas through technology like ModMaster and RALLE Warehouse, they
can perform a complete analysis and supply their clients with the
best solutions to overcome high claim volume, and avoid similar
instances in the future. The information they can cultivate is so
complete, brokers can answer nearly any question from their client
about claims data experience,” said O’Brien. “This provides an
invaluable service for the client and a point of difference for the
broker.”
Specific Software CEO Tim Coomer
said, “ModMaster offers over thirty analytical reports that brokers
may not always utilize due to the time it takes for input of
optional claims data. With this interface, they no longer have to
input claims or worry about getting them into a certain format for
importing. With this streamlined process they have full claims data
– including injury type, cause of loss, and more, propagated into
ModMaster for a mod analysis.” The Ralle Warehouse/ModMaster
interface is available now as a standard part of both companies’
product offerings.
About Zywave
Zywave is the leading provider of a
line of Web-based employee benefits and property and casualty
communication, administration, and claims data analysis systems
designed to help insurance brokers gain profitable market share.
These applications help brokers secure and retain business by
differentiating them from their competitors, and allow them to
compete on a high-capabilities basis. Additional information about
Zywave may be found at
www.zywave.com.
About Specific Software Solutions,
LLC
Specific Software Solutions serves
risk management and insurance professionals in companies of all
sizes with software products that facilitate complex calculations
and insightful analyses. Founded in 1990 by Tim Coomer, A.R.M., the
privately held Brentwood, TN organization is best known for its
flagship product ModMaster. More information about the company and
its products is available at
www.specificsoftware.com.