A Risk Management Information System (RMIS) takes data from a claims system; and then deciphers and analyzes the data. The five basic risk management principles: risk identification, risk analysis, risk control, risk financing and claims management can be applied to determine where the problems are.

MC Innovations analyzes and interprets RMIS data to identify weaknesses and strengths in a program. By consolidating various sets of information, MC Innovations provides the tracking and management reporting to enable clients to monitor and control the overall cost of risk management.