ERisks

About ERisks

eRisk Solutions operates as a specialized platform delivering comprehensive, turn-key risk management and claims services. The company's offerings are segmented into several key areas, including loss prevention, regulatory compliance, accident investigation, and private investigation services. For its clients, eRisk Solutions conducts compliance audits, provides a variety of safety training programs like OSHA and Hazmat, and develops tailored loss prevention programs for sectors such as transportation, oil & gas, construction, and property.

The company's business model is centered on providing expert-led services and data-driven solutions to help organizations manage safety, ensure compliance, and mitigate risks. A notable product is Mongoose RM™, a risk management and compliance audit program that integrates data analysis from various sources, including telematics, driver scorecards, and inspection histories, to provide a quarterly operational snapshot. Revenue is generated by providing these specialized risk management and investigational services directly to businesses across its targeted industries.

In the realm of accident investigation, the firm's capabilities include scene mapping, event data retrieval from vehicles, vehicle dynamics analysis, and accessing data from infotainment systems to reconstruct incidents. Furthermore, their private investigation services encompass social media searches, background checks, and surveillance to gather information for cases or claims. The company actively keeps its clients informed about regulatory changes and offers driver training and coaching to promote safe driving practices and compliance.