Streamline and Improve
Risk Assessment
With Ventiv Policy, organizations reduce
premium leakage by streamlining the
risk-assessment process. To improve
the accuracy of risk assessment
in the underwriting process, Ventiv
Policy provides access to:
» Underwriting-application risk
scoring by LOC
» Loss control/compliance risk score
» Member participation score
» Score assets based on zones,
locations, and TIV based on overall
program comparison
Streamline the risk assessment
process without sacrificing quality,
rigor, or precision results.
Improve Pricing and Cost Accuracy
Mispricing a product or line of products can be a
significant competitive disadvantage. With Ventiv Policy,
analysis of premium, risk, and deductible factors are
more accurate; as a result, organizations can increase
product-line earnings and better retain business.
Ventiv Policy also empowers organizations to offer their
policyholders a variety of ways to tailor their coverage,
including coverage, deductible, and premium options.
A number of pricing configurations are available and include
carrier-grade analysis of P/L, including:
» Calculation of insured values
» Reserve accuracy
» Probability of loss
» Year-over premium comparison renewal vs. policy
» LOC rate modeling
» Rate management via spreadsheet import
» Easy ad-hoc reinsurance reporting
» MVR interface
» Member five-year loss ratio
» Three-to-four-point contact exposure value assessment
to identify premium leakage
Content Management Capabilities
Address Management
Contact Management
Data Imports
Provider Profile Management
Document Integration
Role-Based Correspondence
VENTIV POLICY
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