Esis Plugs Into Canada

Canadian Underwriter - Vol. 73 Nbr. 11, November 2006

Gambrill, David
Permanent Link: http://ca.vlex.com/vid/esis-plugs-into-canada-63506610
Id. vLex: VLEX-63506610

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Summary:

Aside from its Canadian focus, and the requirement to respect Canadian laws, ESIS Canada operates on "basically the same concept" as ESIS, Inc., [Steven Young] noted. What differentiates ESIS Canada's business from other risk management service companies is access to proprietary ESIS technology such as Global RiskAdvantage, ESIS' own RMIS system.

ESIS Inc.'s technology has been developed since 1998 and has gone through several platforms. ESIS Inc. is planning to migrate eventually to the Microsoft product .NET, which [John F. Ryan] calls "the leading edge for Web-enabled systems." As Microsoft itself puts it: "The primary goal of .NET is to provide developers with the means to create interoperable applications using 'Web services' from any sort of terminal - be it a personal computer, a PDA, a mobile phone, and so forth."

In terms of targeted markets, Young said ESIS clients seem to have "gravitated to mostly the general liability side," as well as product liability. "We have a large car manufacturer and so on like that," he said. "Whatever is produced out there, the resultant product creates liability. That seems to be where most of the potential business is."

ESIS Inc, a risk management services company based in the US, has just launched a new Canadian operation, ESIS Canada Inc in Toronto. ESIS Canada is focused on North American companies with Canadian operations and their claims and risk control needs, ESIS Canada director Steven Young said in a release announcing the new venture. Established in 1953, ESIS Inc offers claims professionals and best practices, risk control services, and claims data technology that can be customized to meet clients' needs. The idea is to put the ESIS Canada brand on business the company's clients do north of the 49th parallel. ESIS Inc's technology has been developed since 1998 and has gone through several platforms. Based on the development of the business in Canada, ESIS Canada would certainly consider expanding beyond Toronto, although it has no immediate, firm plans to do so.

Headnotes:

Extract:

Esis Plugs Into Canada

ESIS, Inc., a risk management services company based in the United States, has just launched a new Canadian operation, ESIS Canada, Inc., in Toronto.

"ESIS Canada is focused on North American companies with Canadian operations and their claims and risk control needs," ESIS Canada director S...



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