Ventiv Technology

Company Overview CorVel Corp. applies technology including artificial intelligence, machine learning and natural language processing to enhance the managing of episodes of care and the related health care costs. We partner with employers, third-party administrators, insurance companies and government agencies in managing worker's compensation and health, auto and liability services. Our diverse suite of solutions combines our integrated technologies with a human touch. CorVel's customized services, delivered locally, are backed by a national team to support clients as well as their customers and patients. Care MC and Care MC Edge SM Product Information CorVel's proprietary claims management system has been developed and supported by our in-house, full time information systems division. We have invested millions of dollars into the development of our integrated system that offers tremendous cost and time-saving benefits. Unlike most industry platforms, we do not rely on data feeds from third parties that can delay critical information. Our system is highly codified and supports our claims and medical management teams by supplying extensive, real-time information to enable faster intervention and improved outcomes for injured workers. The claims system provides clients with complete program visibility to keep them connected throughout the entire claims process. Care MC Edge is CorVel's dynamic and integrated workspace that helps Adjusters take timely and informed action on claims, drive better outcomes for injured workers, and reduce the total cost of risk. It provides a unique user experience allowing the Adjuster to move from a reactive task-based environment to an intuitive experience that supports the knowledge and expertise of the Adjuster. What's New CorVel is advancing cutting-edge analytics in workers' compensation and liability claims management through CogencyIQ. CogencyIQ allows for even greater data analysis, recommendations, and control of risk. With CogencyIQ, CorVel has expanded its analytics team to include data scientists, machine learning and predictive analytics experts, and senior thought leaders with top-level solutions expertise and deep knowledge of the market. CogencyIQ will use the following key elements to enhance our customers program: • Business Intelligence (BI): provides a complete view of overall risk/claims details using visual information reporting via interactive, dynamic dashboards • Insight Consulting: creates the opportunity for strategic, data-driven decision- making by identifying areas of opportunity and providing insightful interventions • Artificial Intelligence (AI): provides better awareness and actions for a claim through machine learning and corresponding recommendations Company Info Ownership Public Company Founded | 20 0 0 Headquarters & Locations • Fort Worth, TX • 80 office locations nationwide Leadership • Gordon Clemons, Chairman • Michael Combs, President and CEO • Brandon O'Brien, CFO • Maxim Shishin, CIO • Stefan Richards, CISO Contac t Melissa Storan 949-838-1919 melissa_storan@corvel.com RMIS Employees | 150 Top Industries • Healthcare • Manufacturing • Retail • Transportation Produc t Of ferings • Benchmarking • Claims Mgmt • Data Analytics/ Predictive Modeling • Exposure/Asset Mgmt • GRC • Healthcare Risk Mgmt • Litigation Mgmt • Location/Property Mgmt • OSHA Compliance • Policy/Program Mgmt • TCoR/Allocations PRODUCT SCORES 9.5 6.8 Claims Management EH&S 84 corvel.com ©2022 Redhand Advisors. All rights reserved. 6.7 Incident Management 7.0 8.5 Incident Management 8.2 8.7 8.4 System-wide Functionality Policy/Program Mgmt Benchmarking Reporting

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