Today, major carriers continue to invest in "Loss Prevention" or "Loss Control" hoping that an active Loss Control program can help to reduce the occurrence of accidents and to control future premium costs. However they are increasingly finding it difficult to justify investments without accurate measurements to determine the relative success of Loss Control efforts.

Loss Control Heads would like to have precise data on the amount of losses “the loss prevention department” could prevent .They prefer their budget to be based on the loss prevention potential. In addition they are looking for a smart system that selects policyholders for service based on loss prevention potential apart from improving the workflow of the Loss Control operations.

In a nut shell, a Loss Control department needs a next-generation system that will select, assign, and measure the results of company's loss control efforts.

24x7 ESI “Loss Control Solution” - Framework

24x7 ESI Loss Control System is a customized workflow system catering to the needs of Loss Control Consultants that involves the total cycle starting from budgeting and planning for existing/new accounts, Request/ Manage/Track Loss Control Inspections and Approval. This web based system enables consultants to create, track and manage their service and balance the workload of consultants. The service request is initiated by an underwriter and sent to Consultants for completion. The Divisional or Regional managers the Insurance Company assigns this service request to the field staff track and report on the status of the request. The system can also be customized to provide “Loss Control Analytics”