ROBUST PROCESS AND AUDIT
To ensure compliance with the Act, the way in which you collect, collate
and present information to the insurance market has to change. New
procedures, systems and processes are required. Ventiv can directly assist
in addressing both key issues under the DoFP.
Presentation of data:
• Ventiv's data management, export and reporting tools deliver real
clarity with regards to the information being submitted.
• Complex and large amounts of data can be searched, refined,
distilled and filtered to ensure all relevant information is discovered
and highlighted in a transparent and time efficient manner.
Reasonable search:
• Ventiv's exposure, property and renewal modules ensure and
evidence that a reasonable search has been carried out.
• You can enforce an attestation requirement on senior or other
declaring management.
• A clear audit trail is provided for compliance verification.
TECHNOLOGY DELIVERS THE REPEATABLE, TIME-EFFICIENT AND AUTOMATED
PROCESSES YOU NEED TO CONFIDENTLY EMBRACE THE NEW DoFP DEMANDS.
