Effisoft for YFP’s risk managers

WebRisk tool standardizes risk evaluation and management for Argentinian major.

Paris-based Effisoft reports completion of a two year project to equip Argentina leading energy company YPF with its Webrisk risk management application. Effisoft’s Webrisk RMIS (risk management information system) targets risk and insurance managers. YPF is using the solution to gather and evaluate asset data for risk assessment and insurance premium estimation. YPF also uses Webrisk to evaluate its property, casualty, liability and transport insurance and in planning site visits, monitoring and and to make recommendations.

YPF’s risk and insurance manager said, ‘Webrisk has helped us to standardize our data and simplify our reporting. Instead of using Excel files, we now have a single, reliable database which is adapted to our needs. Given the success of this first project, we consider going a step further than the initial scope by including our fleet of 5,000 vehicles and our 1,500 gas stations.’ Webrisk is now used throughout YPF by some 100 employees, along with a manager and consulting engineer at head office.

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