Ventiv Technology

Ventiv Technology has been in the risk management information business for more than 40 years. Our team of more than 400 global colleagues possesses unsurpassed industry experience. We understand the challenges you face, and we've designed RiskConsole Advance to help you meet those challenges. You can rely on Ventiv's team of professionals to help you successfully accomplish your team's ever-expanding responsibilities. From renewal submissions to managing processes and data to allocating premiums, we've been there with your peers over the years. Our client delivery model, designed and implemented by insurtech industry veterans based on proven models, ensures excellent customer service. For day-to-day support, you'll have access to a client delivery lead supported by a team of specialists. WE UNDERSTAND YOUR RISK MANAGEMENT CHALLENGES HOW MANY OF THESE COMMON CHALLENGES LOOK FAMILIAR? VENTIV CAN HELP. 1. Renewal submissions: Too much time needed to prepare and/or quality is suboptimal 2. Premium expenditure and policy cover: Inadequate global visibility 3. Risk profile: No oversight on assets or their risk profile for renewal & loss control focus 4. Loss mitigation: Poor loss ratios, rising premiums, and few insights into root causes of loss 5. Claims reporting: Few process controls on claims reporting to insurers 6. Data management: Data chaos results in lack of transparency, few insights, and limited business continuity 7. Process management: Inefficient processes cause risk- management team issues 8. Loss provisions: Poor cash flow and large provisions 9. Below-deductible costs: Inadequate visibility and control 10. Premium allocations: Unable to easily answer business- unit questions 11. Incident rates: Rising 12. Risk register: Spreadsheets are hard to consolidate, limiting rollout of ERM 13. Corporate governance: Audit and regulatory compliance need attention 3 RISKCONSOLE ADVANCE

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