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CompOnline upgrades give employers state-of-the-art risk management tools

BLOOMINGTON, MINN., June 14, 2011 — SFM released state-of-the art upgrades to CompOnline® Risk Management System, giving SFM policyholders and SFM Risk Solutions' clients access to industry-leading functions and analytic capabilities for managing their workers' compensation risks.

Included in the upgrade are enhanced loss run capabilities. They include loss runs with report criteria better geared to the size of the employer requesting the report. Employers can sign up to receive loss runs periodically.

New and enhanced

New features of CompOnline give employers the ability to:

  • Customize their workers' compensation loss analysis and management reports.
  • View claims activity in a convenient dashboard overview.
  • Sign up for email alerts on changes in claims status or reserves.
Features that have been enhanced and redesigned for ease of use include:
  • Managing claims by location.
  • Tracking progress on specific claims.
  • Accessing prior First Reports of Injury.
  • Looking up policy and premium information.

SFM online services

CompOnline, now in its fifth generation, was introduced by SFM in 1996 and is believed to be the nation's first interactive workers' compensation website. It is one of many SFM online services for employers and agents. Others include:

  • Injury reporting
  • Premium e-payments
  • Annual payroll reporting and audit
  • Pay-as-you-go wage reporting
  • Resource Catalog
  • Safety training for employees
  • Safety video lending library
  • Employment practices liability resource center
  • SFM Application Manager (SAM), for agents

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