CHSI Technologies Primed to License Cutting Edge Technology for the Alternative Risk Transfer (ART) Markets to Address Workflow Inefficiencies

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CHSI Technologies will focus on licensing the company’s innovative suite of products including the patent‐pending software solution called CHSI Connections™ Management System. In today’s market policy administrators need efficient, cutting edge technology to address workflow inefficiencies. Real‐time access to claims information, medical provider instructions, underwriting guidelines and financial data is essential for smarter and more cost‐effective operations.

Innovative Software Solutions for Policy Administrators in the Alternative Risk Transfer (ART) Markets

Using CHSI Connections™Management System, one client has experienced significant improvements in operational efficiencies. Their membership has grown 41%, and yet they have reduced workers’ compensation claims and associated costs by 51%

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CHSI announced the launch of the company’s new division – CHSI Technologies. The new division will focus on licensing the company’s innovative suite of products including the patent-pending software solution called CHSI Connections™ Management System. In today’s market, policy administrators, underwriters, claims managers and employers all need efficient, cutting edge technology to address workflow inefficiencies. Real-time access to claims information, medical provider instructions and underwriting guidelines is essential for smarter and more cost-effective operations.

Eric Robinson, Chief Operating Officer of CHSI, is heading up the new division. Robinson brings more than 23 years of executive IT management experience to the position and has been instrumental in the delivery of the Connections Management System to the self-insured market. Earlier this year the Home Improvement Self-Insurance Group (HISIG) in California implemented the Connections Management System under CHSI management. In less than one year HISIG has experienced significant improvements in operational efficiencies. Their membership has grown 41%, and yet they have reduced workers’ compensation claims and associated costs by 51%,” said Robinson.

Lee Mashore, Vice President of Information Technology at CHSI Technologies, originally developed the Connections Management System software to simplify CHSI’s own management approach. Mashore saw the need for an affordable system that would provide a single interface for the multiple functions essential to CHSI’s business – rating and underwriting, policy administration, receivables management, contact management and claims integration.

“Policy administration via the Connections Management System software solution is a key component of good management and regulatory compliance,” said Mashore. “Connections provides alternative risk finance vehicles with the look and feel of a real insurance company; thus, providing growth opportunities within their respective markets.”

The Connections Management System is a highly configurable, easily customized web-based application that can be securely accessed anywhere the customer has an internet connection and a web browser. Connections provide program administrators with a secure web portal for their insureds to submit claims, pay premiums, request endorsements and review policy documents.

About CHSI Technologies:
CHSI Technologies offers a suite of software solutions designed to diminish the time and effort involved in policy administration for the alternative risk insurance industry. The technology integrates dissimilar systems so that access to information is available on a real-time basis. The web-based solutions provide complete policy administration that links claims information and financial data for critical risk management decisions. CHSI Technologies is headquartered in Las Vegas, Nevada. Contact Cindy Welch at 866-930-9742, or visit http://www.chsitechnologies.com

About CHSI:
CHSI manages Workers' Compensation self-insured group programs in California and Nevada that have returned over $22 million to employer members. Founded in 1996 by James Leftwich, CHSI has assembled a team of specialists who have developed unique programs that have been successful in all market conditions. With nearly $2 billion of employer payroll in its self-insured groups, CHSI has developed patent-pending technology for program management to support the company's continued expansion. http://www.chsi-nv.com

About HISIG
The Home Improvement Self-Insurance Group is a California Workers’ Compensation program for the retail industry. Founded in 2005 by a group of employers, committed to employee safety, HISIG now has 88 members. http://www.hisig.org

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Cindy Welch
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