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Ventiv RiskConsole Inserts US

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POOL ADMINISTRATION Pool Administrators: How RiskConsole Can Help Configured specifically for pools, Ventiv RiskConsole helps pool administrators automate and improve their most important functions, including purchasing insurance, accepting the transfer of risk from members and other important tasks, including: • Member communications: For those pools actively soliciting new members or wishing to do so, RiskConsole streamlines and standardizes the onboarding of new members and communicating with current members. • Allocating contributions: RiskConsole can process the premium allocation, generate invoices and create a feed to pass to the pool's general ledger system. • Engaging with excess markets: RiskConsole improves the quality of data communicated to the excess markets during the submission process. • Requesting letters of insurance: RiskConsole can facilitate member requests for letters of coverage (out-going). RiskConsole can also monitor incoming letters. • Reporting to the board and to trustees: RiskConsole's class-leading reporting and analytics capabilities empower administrators to enhance reporting, including loss-fund ratio reports and plan-year analyses, while making the process more efficient. • Reporting and monitoring claims: For pools actively involved in monitoring claims and working directly with TPAs, RiskConsole helps pool administrators track claim financials. • Directing loss-control initiatives: RiskConsole can help pool administrators who directly promote safety and loss-control initiatives, including financially incentivizing member participation.

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