Advanced Risk Systems’ Study Demonstrates the Significance of Online Value-Added Services in the Public Entity Pooling Industry

(PRLEAP.COM) San Diego, CA – July 16 , 2007 – Advanced Risk Systems (ARS), the innovator and leader in web-based risk management and loss prevention for public entities, announced today the results of a research study exploring current trends in the use of online value-added services in the public entity pooling industry. Direct access to the white paper and research results can be found on www.advrisksys.com/paper.htm.

The study reveals that public entity risk pools have begun offering “first generation” Internet-based services in the last several years. Eighty eight percent of survey respondents reported that they already offered some form of online services to their members. Forward-thinking risk pools are now taking advantage of reduced hardware and connectivity costs combined with the increased availability of powerful, “second generation” web-based solutions. For example, over seventy percent of respondents who do not currently offer online training expect to introduce an online training program to their members in the next three years or less.

“This white paper identifies seven key lessons that will assist public entity risk pool executives to develop and implement their online value-added strategy,” said Bruce R. Kaechele, President & CEO of Advanced Risk Systems. “There has been an evolution of online service solutions available to risk pools since the start of the millennium. Today risk pools can leverage an array of sophisticated tools, and choose from leading vendors who offer customized solutions, high quality service, and a true “outsourced” partnership for the risk pool. These vendors become an extension of the pool itself, allowing pool executives and staff to focus on strategy, relationship development and “high touch” service to their pool members.”

“This study is invaluable to risk managers developing strategies for member retention and growth,” stated James Towns, Special District Risk Management Authority’s Chief Executive Officer. “Aggressive pricing and standard service offerings are no longer enough. The research demonstrates that as risk pools move to a “value-added” model, they are increasingly leveraging the power and efficiency of the web to offer a wide range of online services such as training, claims management, loss prevention and information management.”

Advanced Risk Systems surveyed 57 public entity risk pool executives representing a broad range of member organizations in 21 different states. Respondents represent a wide range of pool sizes - the number of members in the organizations ranged from less than 25 to over 400. The total number of member employees per pool ranged from less than 1,000 to well over 15,000. ARS has compiled the survey results in a white paper (www.advrisksys.com/paper.htm) that highlights key lessons that can help public entity risk pool executives develop and implement their own online value-added strategies.

About Advanced Risk Systems
Advanced Risk Systems (ARS) and its parent company, TargetSafety, were founded in 1999 to assist organizations to reduce property and casualty, workers compensation, and employment practices liability claims and the related expense. ARS provides cities, municipalities, districts, and other public entities with an Internet bases platform of services focused on employee behavior, compliance, and risk measurement, monitoring, and mitigation. Today ARS is the leading provider of online loss prevention and risk management services to public entities in the United States. The company is based in San Diego, California and has a regional office in Boston, Massachusetts. For more information, please visit www.advrisksys.com.

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