Overview
TRB’s Transit Cooperative Research Program (TCRP) Research Results Digest 12: Transit Risk Manager: Risk Management Software for Bus Transit Systems describes a new software product developed under TCRP Project G-3, "Tools for Transit Risk-Exposure Identification and Treatment for Bus Transit Systems. This software product, called Transit Risk Manager, is a PC-based, user-friendly, menu-driven, WindowsTM operated computer tool designed to help bus transit systems of all sizes identify exposure to loss, evaluate their loss control practices and make informed decisions about financing risk. The program provides the means to assess current risk management programs as well as risk financing alternatives. Ancillary tools such as insurance specifications, loss triangle templates, policy statements, and a self insurance plan are provided for export into word processors or spreadsheets.