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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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How Ventiv Can Help Recognized as a leader in risk management and insurance solutions for over 40 years, Ventiv offers several technology solutions that can help with claims catastrophe management. These include: Ventiv Geospatial Ventiv Geospatial enables organizations to add the context of time and location to traditional data sets. This, in turn, allows users to create maps that can display changes over time and identify areas where events and claims frequently occur (see figure 2). Visual representations of this data can reveal historical trends shifts, as well as real-time changes that can help drive proactive risk management. Ventiv Geospatial can effectively take a huge volume of data (such as distance, proximity, affiliation, frequency, severity and monetary) that is buried in spreadsheets and display it on a map for a pattern and trend analysis. Figure 2: Ventiv Geospatial showing the impact of hazardous events on an organization's properties Organizations using Ventiv Geospatial have been able to: Optimize disaster response efforts Make better, more informed decisions Lower claims costs Prioritize loss control activities Improve the way risk is monitored and managed READY OR NOT | 6

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