Ventiv Technology

2023 RMIS Report

Ventiv Resource Library

Issue link: https://ventiv.uberflip.com/i/1498345

Contents of this Issue

Navigation

Page 39 of 94

40 ©2023 Redhand Advisors. All rights reserved. riskonnect.com PRODUCT SCORES 8.5 8.5 Claims Management Claims Administration 7.9 8.2 Renewal Risk Pool Admin 8.1 8.1 EH&S Exposures 8.6 8.0 Incident Management Policy/Program Mgmt 7.6 8.5 System Attributes System-wide Capabilities 8.2 8.0 GRC Healthcare 7.9 6.4 Reporting Analytics Company Overview Riskonnect is the largest RMIS solution provider serving over 2,000 customers across six continents and more than 800+ employees worldwide. RMIS is part of Riskonnect's risk and compliance solution that integrates and correlates both insurable and non-insurable data to deliver a comprehensive end-to-end-view of risk across the organization. Our technology empowers organizations with the ability to anticipate, manage, and respond in real-time to strategic and operational risks across the extended enterprise. Riskonnect RMIS and ClearSight RMIS Product Information Riskonnect RMIS and ClearSight RMIS are fully supported and continue to be enhanced to align with the expansive needs of the market. They are integrated through a single sign-on and shared data model so that customers can take advantage of the capabilities each solution has to offer without the need to migrate. Through this integration, Riskonnect RMIS customers have access to ClearSight's robust claims administration capabilities and ClearSight customers have access to a full range of GRC capabilities such as Enterprise Risk Management and Third-Party Risk Management. The integrated RMIS platform is complemented with a suite of governance risk, compliance and environmental, sustainability and governance products for an end-to-end view of risk. What's New Key Highlights: • Texting service capabilities for claims administration capabilities (claim, incidents and occurrences) • New digital experience setups for customers that allows simple capabilities for non-traditional users of the system • Continued focus and addition of standard premium allocation capabilities available across all product lines. • New standard experiences and dashboards for customers based off best practices of the entire customer base • Continued improvement on workflow and automation improvements for claims administration continually reducing the time and effort to adjudicate a claim • Overall, 2022 included 314 net new features added consisting of over 1,000 individual workflow enhancements What's Coming 2023 will continue enhancements added via a roadmap that is defined with key initiatives based off customer ideas and requests, market conditions and overall product improvements to maximize the product's value to our Company Info Ownership Private Equit y backed Parent Company TA A s sociates Founded | 1970 Headquarters & Locations • Atlanta, GA • Amarillo, TX • Chicago, IL • Herndon, VA • Melbourne, Aus • Singapore, Australia • Mangalore, India • Belfast, UK • London, UK • Maidenhead, UK • Sheffield, UK Leadership • Jim Wetekamp, CEO • David Rockvam, CFO • Andrea Brody, CMO • Jim Haas, SVP, Sales Contac t Andrea Brody 770-790-4700 andrea.brody@riskonnect.com Employees | 800 Annual Revenues Top Industries • Finance & Insurance • Healthcare • Manufacturing • Retail • Transportation Produc t Of ferings • Benchmarking • Catastrophic Risk Mgmt • Certificate of Insurance Mgmt • Claims Administration • Claims Mgmt • Cyber Security Assessments • Data Analytics/ Predictive Modeling • EH&S • Exposure/Asset Mgmt • GRC • Healthcare Risk Mgmt • Litigation Mgmt • Location/Property Mgmt • OSHA Compliance • Policy/Program Mgmt • TCoR/Allocations NOT FOR DISTRIBUTION

Articles in this issue

Links on this page

Archives of this issue

view archives of Ventiv Technology - 2023 RMIS Report