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Ventiv Claims OPT 2019

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X When and how should we intervene in a claim? Claims OPT goes beyond identifying high-risk claims. Claims OPT also tells you why the claims were flagged. Armed with that information, you'll be better positioned to intervene. For example, if one of the reasons a claim was flagged is because an opioid was prescribed, you may choose to emphasize medical management. Or, if a claim is in a plaintiff-friendly state, you might choose to begin developing a legal strategy before litigation commences. X How can we effectively manage our third-party administrator? With Claims OPT, each claim being managed by your TPA is scored in real time for its risk of developing adversely. As new information about the claim comes in, the score is automatically updated. To ensure their TPA is giving the appropriate attention to potentially high-cost claims, a risk manager can share their list with their TPA and ensure no claims are being overlooked. THE ADVANTAGES OF AN INTEGRATED VENTIV–OLIVER WYMAN SOLUTION Ventiv Analytics™ is the most powerful, easy-to-use analytics, reporting and data discovery system in the risk, insurance, and claims technology market. Fully integrated with Ventiv's IRM, Claims, and Policy solutions, Ventiv Analytics features class-leading predictive analytics and AI-powered business-intelligence capabilities. The Ventiv Analytics data cloud empowers clients to bring their own historical data and virtually any source of third-party data into their decision-making. Oliver Wyman has a long history of helping organizations reduce their claims, insurance, and risk management costs. With its combination of predictive analytics and claims management expertise, Oliver Wyman's expertise is unrivaled in the industry. Ventiv Technology and Oliver Wyman have joined forces with an exclusive partnership that brings Oliver Wyman's expertise to Ventiv clients through a fully integrated solution. As an integrated solution, Ventiv clients can streamline the deployment of Oliver Wyman's off-the-shelf industry-specific models within a single system—no APIs or complex implementations required. Claims OPT merges the unrivaled power of Ventiv Analytics with Oliver Wyman's predictive analytics and claims-management expertise. X For more information, please contact: Kristi McFarlin, MBA, ARM Vice President, Analytics Ventiv Technology kristi.mcfarlin@ventivtech.com +1.770.308.5450 Dustin Duncan, FCAS, MAAA Oliver Wyman Actuarial Consulting dustin.duncan@oliverwyman.com +1.312.627.6465

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