Ventiv Technology

43 ©2023 Redhand Advisors. All rights reserved. Company Overview Spear's latest suite of insurance software solutions is the first in the P&C sector to leverage the extraordinary capabilities of the Microsoft Power Platform – a low code/ no code comprehensive set of tools allowing Spear's solutions to provide unprecedented levels of performance and flexibility. With Spear, insurance organizations will be operating on the most advanced technology designed from the ground up for business, be able to respond to changing market conditions or business requirements faster and less costly than ever before, and truly experience the freedom of NOT being tied down to the vendor with the ultimate flexibility the Spear platform provides. Connections™ and SpearClaims™ Product Information Connections is a robust multi-state, multi-line underwriting and policy management system which centralizes the collection of information and enables the streamlined creation of quotes, endorsements, cancelations, audits, and renewals with integrated billing as part of the solution. The system can support unique client-defined rule-based logic and routine process automation. The user interface is modern, clean, and familiar which makes daily use productive and efficient. SpearClaims is a multi-line claims administration system based on the Microsoft Power Platform and designed by industry veterans. The system handles everything from multi-jurisdiction Workers' Compensation to Commercial and Person Auto to Property, and even Homeowners. All lines are supported. Spear offers the most feature-rich, flexible, and secure system available today. What's New In 2022, the Connections Policy & Billing solution was extended to support property and commercial auto lines of business, a new integration with TranzPay™ for credit card payments, significant enhancements to automated renewal processing, and integration with SpearClaims. The SpearClaims solution was extended with a SpearPortal™ FNOL online submission, the addition of a Claims Case Management module with Time Tracking, an outbound relay API for third-party integrations, and the announcement of the availability of the Connections/ SpearClaims end-to-end suite. What's Coming For 2023, the big news is the availability of SpearPolicy™, SpearBilling™ and SpearPortal (for brokers/agents/ policyholders) solutions built on the same platform as SpearClaims by the end of the year. These solutions will be more than the next evolution of Connections as they introduce a completely new level of back-office insurance management to our target market. These solutions have an spear-tech.com Company Info Ownership Private Equity Backed Parent Company Bow River Capital Founded | 2010 Headquarters & Locations • Denver, CO Leadership • Jeremy Williams, CEO • Gary Stone, CFO • Jose Tribuzio, President of Technology • Brian Mack - CRO Contac t Len Rodkey 833-564-5211 lrodkey@spear-tech.com Employees | 60 Annual Revenues Top Industries • Finance • Insurance • Healthcare Produc t Of ferings • Benchmarking • Certificate of Insurance Mgmt • Claims Administration • Claims Mgmt • Data Analytics/ Predictive Modeling • Exposure/Asset Mgmt • Litigation Mgmt • Location/Property Mgmt • OSHA Compliance • Policy/Program Mgmt • Risk Pool Administration NOT FOR DISTRIBUTION

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