Ventiv Predict
Ventiv Predict is an advanced analytical solution designed specifically for the risk and
insurance industries.
This solution streamlines the predictive analytical process by combining data integration and
preparation, advanced analytics and model deployment into one integrated software product
(see figure 3).
Figure 3 - Ventiv Predict Dashboard
Ventiv Predict contains a series of pre-built predictive analytical models that include:
Case reserving estimation
Litigation propensity
Subrogation likelihood
Claims duration forecasting
High-severity claims identification
Using an extensive claims history
database of tens of millions of claims,
representing over $80bn in settlement
amounts, Ventiv Predict empowers
organizations to turn the growing
volumes and varieties of data into
actionable insights so that they can
make data-driven decisions—in real
time—throughout the claim lifecycle.
READY OR NOT | 7