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The Power of Advanced Analytics

Data and analytics have always been the language of insurance. And, as data analytics fueled the growth and sophistication of the insurance and risk management industry, it also grew increasingly siloed to a subset of specialists. Ventiv Analytics™ changes the paradigm, making it more accessible for risk, insurance and claims managers to apply analytical findings to implement operational changes.

Achieve your optimal outcomes

Ventiv's advanced analytics, reporting, and data-discovery tools empower users at all levels to make data-driven decisions that generate optimal outcomes like reducing claim frequency and severity.

Ventiv Analytics

Drive smarter and faster decisions throughout your organization

Understand what's happening with your business like never before with business intelligence that’s powered by augmented intelligence. With Ventiv Analytics, business users like you become data scientists in your own right.

Analytics-Weather

Make complex relationships more understandable

Spreadsheets are useful when the amount of data to be analyzed is small; however, when the volume of data increases, spreadsheets can't give a convenient way of viewing trends and obtaining a high-level overview of the data. What's more, data with a spatial dimension is, in most cases, best visualized with the use of maps.

Ventiv Analytics makes it possible for organizations to add the context of timing and location to traditional data, creating maps that show changes over time and exactly where those changes are taking place. Maps make it easier for the eye to recognize patterns that were previously buried in spreadsheets, such as distance, proximity, contiguity, and affiliation.

Make analytics insights more engaging. When events and trends are seen within the context of recognizable maps, they’re easier to understand—and act upon.

Storytelling

 

 

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Animated Storytelling

When you’ve completed your data discovery, it’s time to share your insights. With Ventiv Analytics, you can package your findings in an easily consumable video format that shows recipients how you arrived at your conclusions and then points the way to impactful next steps.

In this example, a risk manager would want to share their discoveries with a safety manager in a position to act on the information. The story is clearly that a location has a low frequency yet high severity of claims. A safety manager receiving this animated storyboard would know right away to focus their attention on this location and determine how to prevent high-dollar finger injuries caused by burns.

 

Reporting tools just as powerful as analytics

With Ventiv Analytics, you execute your reporting and analytics (including user-directed data discovery) on a single integrated, embedded platform. Reporting is just as powerful as our market-leading analytics and data-discovery capabilities. Other risk and insurance providers simply can’t offer the same reporting advantages that Ventiv does, including:

More efficient, less-costly data transformation

Because analytics and reporting are delivered on a single platform, data is transformed only once, not multiple times.

Recipient-friendly report distribution

Recipients get report files—not links that force them to sign in to a system in which they may not be a named user.

Robust report bursting

Reporting tools lets report authors create a single report and then easily designate which recipients receive which reports based on selected criteria.

Powerful multiple points in time / evaluations in the same report

Ventiv Analytics makes it easy to make true apples-to-apples comparisons when doing year-over-year reporting.

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Experience Greater Clarity and Efficiency Now.

Our team can help your organization solve its risk, claims and safety management software needs.

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