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Ready or Not: Preparing for the Unexpected - How GIS and AI are helping risk managers and insurers respond to catastrophe claims

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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

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