A loss control inspection software is a digital tool used by professional consultants when performing loss control inspections for insurance clients. A loss control inspection, also known as a loss control survey, is an assessment of a client’s workplace, facilities, equipment, and processes performed by a representative of an insurance company. The goal of this assessment is to identify the ways in which the insurance company can help their client minimize hazards for workers and assets; saving them money by reducing insurance costs and avoiding asset breakdown which leads to lost productivity. With iAuditor by SafetyCulture as your loss control inspection software, you can perform assessments faster with the help of digital smartforms and automate your reporting for a more efficient and streamlined loss control inspection process.
By using a digital smart form on your mobile device instead of a traditional pen-and-paper checklist, iAuditor’s loss control inspection software can help make your inspections more efficient. Smart fields hide and populate based on your previous response to make sure that only relevant data is captured; assuring you get more done in less time. Additionally, you can schedule inspections, assign corrective actions, and include photo evidence in your reports through iAuditor to completely streamline your loss control inspection process.
iAuditor’s loss control inspection software allows you to perform inspections even if your device is offline. iAuditor will automatically save your inspection data via unlimited cloud storage once you connect your device to the internet. You can automatically generate a comprehensive report after your loss control survey and set-up auto-sharing so important stakeholders can immediately access your report after you complete a loss control inspection survey.
iAuditor’s loss control inspection software has advanced web analytics which lets you filter and visualize your compiled inspection data; helping you get an instant view of what’s happening out on the field. Review trends and identify patterns by reviewing frequently failed items and other common responses in order to make informed decisions and drive your operations forward.
Essentially, a loss control inspection is the careful scrutiny of a company’s operations. The prospect of being carefully observed by their insurance company is understandably intimidating, and maybe even stressful for business owners. In reality, however, this assessment aims to help business owners save on insurance expenses by improving their safety and maintenance practices.
Here are some of the benefits companies gain from loss control inspections:
At its heart, a loss control inspection or loss control survey is a collaboration between a client and an insurance company. When the insurance company’s loss control consultant visits a client’s place of business, they help by clarifying which facilities, equipment, and assets are covered under their plan, as well as the situations and instances in which they will be covered.
Loss control consultants are trained in hazard recognition and prevention. After performing a walkthrough inspection of your facility, they can give you useful safety tips and practices in order to minimize the risk of accidents from occurring—helping you save on health expenses. They can also help businesses maintain their assets by giving preventive maintenance tips to maximize longevity and prevent asset breakdown, which protects them from unscheduled downtimes that result in losses. In-house personnel can perform internal inspections using a loss control inspection software in preparation for the official survey conducted by professional consultants.
With the help of a loss control consultant and the diligent implementation of risk management practices against health hazards and asset breakdown, companies are able to keep their workers and machine assets healthy and functional which naturally leads to greater operational efficiency.
Achieving operational efficiency is an accomplishment in itself, but maintaining it is ideal. Though the main function of insurance companies is to shoulder the financial burden caused by worker injuries and asset breakdowns, it is still better to prevent these hindrances from happening in the first place. Improving your asset reliability through good safety and maintenance practices ensures that you meet your productivity goals on a consistent basis.
Traditional loss control surveys are done using pen-and-paper templates, making inspection data susceptible to damage, loss, and unauthorized access. iAuditor’s loss control inspection software eliminates all of these problems, and provides an array of useful features to help you upgrade your inspection process.
iAuditor by SafetyCulture has helped companies across different industries improve their safety and quality standards. Through easy customization via our drag-and-drop smart form builder, automatic and unlimited data storage with cloud technology, and data visualization with advanced web analytics, iAuditor’s loss control inspection software helps you collect the information you need to prevent losses, worker injury, and asset breakdown; maximizing savings and minimizing downtime.
Create unlimited smart forms and convert your existing paper checklists to digital forms.
Complete inspections from anywhere, at any time even if you are offline.
Detailed inspection reports and insights help problems get solved quicker.
Turn your data into actionable insights.
Connect iAuditor to business software systems such as Tableau, Sharepoint, and more.
Automate the boring stuff—from scheduling inspection to sharing reports.