GE Unveils New Tool for Risk Managers

April 13, 2004

GE Global Asset Protection Services (GE GAP Services) announced the launch of a new tool to help risk managers get the most from their loss prevention dollars.

Recommendation Response reportedly helps risk managers easily prioritize and communicate their recommendations to plant managers, insurance brokers, and underwriters. The announcement comes as risk managers gather for the RIMS 2004 Annual Conference and Exhibition in San Diego.

“Whether they oversee 1,000 facilities or one large, complex organization, risk managers stand to lose information to help market their property insurance program if they’re not cataloging risks and tracking the status of recommendations,” said Tim Heinze, vice president of GE GAP Services Product Management and Field Services. “This new tool is designed to support interaction between a centralized risk management and decentralized plant organization or can be customized to meet specific risk management and communication needs.”

Recommendation Response is an extension of MyAnalysis, an online report management tool that enables users to view reports and diagrams at a corporate, division, or individual facility level.

Other features include:

— Customizable workflows, routing and deadlines as well as customizable access;

— History of completed recommendations and commentary, ideal for marketing property insurance programs;

— Single web-based platform for all conversations; reports available at the click of a mouse;

— Differentiates between completed recommendations and those verified complete by an independent source.

Visit for further information.

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