Today at the Risk and Insurance Management Society's annual conference, the Chubb Group of Insurance Companies introduced Loss History Analyzer, Version 3.0. Loss History Analyzer, Version 3.0 is a Windows-based software application designed to help Chubb policyholders, agents and brokers keep track of their insured losses. By converting claim and loss data into manageable information, Loss History Analyzer helps insurance buyers identify claim trends, allocate claim costs by business unit, anticipate budgetary needs and make strategic decisions about loss funding. Chubb has offered versions of Loss History Analyzer to customers free of charge since 1995. Despite the addition of significant new functionality, Chubb will continue to offer this service without charge. .
Many carriers charge service fees for their risk management information systems.
Loss History Analyzer, Version 3.0 includes specialized analyses that recognize the unique characteristics of each type of insurance coverage. The results of these analyses are presented in a professional and easy to understand format, including dozens of reports and graphs. Added flexibility is a cornerstone of the new features in Version 3.0. Loss History Analyzer, Version 3.0 is supported by a dedicated product support unit in Chubb's Commercial Business Services Center as well as a team of trained professionals throughout the Chubb's network of more than 50 U.S. branches. This product is also offered free of charge. .