STARS Unveils Risk Solution at Client Conference

STARS previewed STARS | ONE, an alpha version of its next- generation risk management platform and solution. STARS | ONE was launched to an audience of more than 350 global customers and partners at its Annual Client Conference in Orlando, Florida.

According to a company release, STARS | ONE is a new cloud-based platform for dynamic risk management that redefines traditional risk management information systems by bringing a new level of insight and interactivity, including access to third-party data and tools.

"The explosion of 'Big Data' in risk, safety, and claims presents vast opportunities for companies seeking to reduce their total cost of risk, but it requires real-time analytics," said Paul Marushka, President of STARS. "By allowing users to evaluate their data quickly, continuously, and effectively STARS | ONE will enable them to see their total cost of risk in a dynamic way at an individualized level."

"By enabling real-time data aggregation, reporting, and exchange clients will be able to make informed, fact-based decisions about their risk management strategies - from any device anywhere around the world. Based on extensive research, feedback and recommendations from customers, partners, and leading market experts, STARS | ONE will enable companies to collaborate seamlessly with third parties on one platform," Mr Marushka added.

"STARS is in a unique position with this platform and its position within Marsh to help move the market in an entirely new direction," said veteran industry analyst David Tweedy, Director of Risk Management Information Systems at Bickmore. "Companies are struggling with data coming from multiple sources and being siloed in traditional IT systems and applications throughout the enterprise. They need to make fast, accurate decisions based on relevant, real-time data and insight, and they need a unified, collaborative platform and set of redefined workflow applications to do it."

More information and complete details:

www.starsonealpha.com

((Comments on this story may be sent to newsdesk@closeupmedia.com))