GE Global Asset Protection Services has launched a new risk management tool.
GE said the tool, Recommendation Response, is designed to help risk managers prioritise and communicate their recommendations to plant managers, insurance brokers and underwriters.
"Whether they oversee 1,000 facilities or one large, complex organisation, 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.
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.
The announcement comes as risk managers gather for the RIMS 2004 Annual Conference and Exhibition in San Diego.
