RMIS, which stands for Risk Management Information System, is a computerized system programmed to track and evaluate risks of a particular entity and/or multiple entities sharing similar characteristics. The system can contain information such as loss runs, various risk factors, policy information, and other risk related data. Using RMIS is a great way to evaluate risks for a potential wrap-up or to analyze a current wrap-up’s risks.
Learn more about wrap-ups on our resource page: Wrap-Up FAQ page
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