Ventiv Resource Library
Issue link: https://ventiv.uberflip.com/i/1463932
Company Overview Ventiv is the leading global provider of solutions to manage insurance, risk, and claims. Ventiv serves over 450 institutions , 40 countries, and 400,000 professionals. Ventiv's global footprint and experienced team of industry veterans delivers insight to organizations to predict, manage, and respond to risk. Customers leverage Ventiv's advanced analytics directly through their RMIS to reduce risk, claims and insurance costs. Ventiv's SaaS and on-prem solutions are deployed by third party claims administrators (TPAs), brokers, insurers, risk pools, federal and regional governments, insured and self-insured corporate entities across transportation, retail, financial services, hospitality, energy, utilities, aviation, manufacturing, and other industries. Ventiv IRM and AdminSuite Product Information Ventiv has a suite of integrated solutions for insurance, risk and claims administration and management, available as an enterprise or modular solution, all with powerful analytics embedded. Ventiv IRM: (risk management information solutions) Improve and simplify the evaluation, mitigation and monitoring of risk. Stay ahead of changing expectations with powerful, built-in analytics, business intelligence and reporting. Ventiv Claims: Promote optimal claim outcomes and reduce costs. The most feature-rich core-administration solution empowers examiners to focus completely on claim resolution. Ventiv Policy: Streamline every policy process, from underwriting to renewal. End-to-end policy administration reduces costs and improves service to agents and insureds. Ventiv Billing: Achieve ultimate flexibility in billing for insurance. Enhance the billing cycle with improved data integrity, automated workflows, greater efficiency and a modern user experience. Ventiv Analytics: The most advanced analytics, reporting and data-discovery platform with Artificial Intelligence (AI), Automated Pattern Detection, Geospatial Analytics, Natural Language Querying and integration with third- party data sets to create predictive models. Ventiv RPA: Ventiv Robotic Process Automation (RPA) automates manual process, integrates disparate applications and frees staff to perform higher-value functions. What's New • Ventiv Predict: claim scoring, reserving and predicting and mitigating module and advanced analytics platform for data scientists • Expanded portal capabilities for ease of use by non- insurance professionals 28 ventivtech.com Company Info Ownership Private Equity-Tailwind Capital Founded | 1977 Headquarters & Locations • Atlanta GA • London, UK • Paris, France • Sydney, Australia • Bengaluru, India Leadership • Salil Donde, CEO • Ned Myers, CRO, CMO • Steve Cloutman, Managing Director • Ritza Vaughn, Global Head of Professional Services Contac t Ned Myers 339-234-1302 ned.myers@ventivtech.com Employees | 475 Annual Revenues Not disclosed Top Industries • Government • Insurance • Manufacturing • Retail • Utilities Produc t Of ferings • Benchmarking • Certificate of Insurance Mgmt • Claims Administration • Claims Mgmt • Data Analytics/ Predictive Modeling • EH&S • Exposure/Asset Mgmt • GRC • Healthcare Risk Mgmt • Litigation Mgmt • Location/Property Mgmt • OSHA Compliance • Policy/Program Mgmt • Risk Pool Administration • TCoR/Allocations • Underwriting ©2022 Redhand Advisors. All rights reserved. PRODUCT SCORES 8.8 8.7 Claims Management Claims Administration 7.7 8.6 Legal/Matter Mgmt Benchmarking 7.5 8.9 EH&S Exposures 7.2 8.6 Incident Management Policy/Program Mgmt 7.9 7.6 System Attributes System-wide Capabilities 7.6 GRC 8.2 7.1 Reporting Risk Pool Admin