<img src="https://ws.zoominfo.com/pixel/kZxG1sNctrruFoZSPoVD" width="1" height="1" style="display: none;">

Claims Analytics Software

Move beyond business intelligence to analyze your data, apply your findings, and drive improvements.

Talk to an Expert

Why should Risk Managers use AI-Powered Analytics? This short video covers 7 reasons just focused on claims. Watch the video ►

Who is using Ventiv

  • County of Los Angeles
  • Indiana Public Employers Plan
  • Tribal First
  • Cox Enterprises
  • The Mosaic Company
  • Nestlé
  • State of Georgia
  • Takeda
  • Saint-Gobain
  • Henkel
  • Stagecoach
  • Travelopia
  • Textron
  • Uniting Church in Australia
  • Imperial Brands
  • Decathalon
  • Schlumberger
  • HPIC
  • K&S Freighters
  • Marriott

What they are saying about Ventiv

Quote-Container-Top-Y2

Meaningful analytics is at the center of what we do, and the analytics platform Ventiv offers has been a natural fit for us. Ventiv excels at data management and flexibility, which are also top priorities.

Chris Knight, EPIC Insurance Brokers & Consultants

Quote-Container-Bottom-Y2

Discover clear answers to complex business questions

Find and share insights from your data efficiently.

Get answers to questions you didn't think to ask

Eliminate bias and identify trends with a simple search or even click

Drive better, smarter and faster decisions

Make your insights easier to understand - and act upon.

Ask questions of your claims data

Now anyone can analyze data, even by using conversational language.

See and understand your data

Clear visualizations turn the most complex findings into simple snapshots with Ventiv's insurance claims analytics software. With artificial intelligence (AI) at your fingertips, anyone can detect hidden insights.

Jump in and perform queries directly without any need to engage a professional data scientist. Build dashboards and start uncovering answers in seconds.

Ventiv Analytics Dashboard

Let the claims data tell the story.

Remove your personal bias from the equation with fact-based results from queries. Identify objective trends with advanced analytics powered by artificial intelligence. Any unexpected or unanticipated results can highlight new patterns in your risk or claims data and pinpoint areas to focus your attention going forward.

  • Automated predictive analytics: Find correlations that predict actionable insights, such as what factors are likely to influence the cost of a claim. Get down deep into the data to find relationships that you might otherwise have missed.
  • Prescriptive analytics: Pinpoint how to mitigate risks and potentially prevent claims, injuries, or incidents from occurring in the first place.

How you can use AI-powered analytics:

Analytics

Display your data connections in seconds.

Spreadsheets are useful when analyzing a small amount of data. However, when the volume of data increases, spreadsheets are limited in displaying trends and providing answers.

Leveraging Ventiv's insurance claims analytics software, with instant data visualizations, your search results are presented graphically in formats that are easy to interpret. As soon as you enter your request, your findings will automatically be displayed in a suitable format – a heat map, word cloud, scatter diagram, or pie chart, for example. You also have the option to choose your preferred way of visualization manually.

Visualize patterns with maps in real time.

Analytics5

Geospatial analytics broadens general awareness by providing historical perspective and predictive insight. By adding the context of location and timing to traditional data, you can create maps to highlight trends and patterns that are often hidden in spreadsheets such as distance, proximity, affiliation and contiguity. When you can see events and trends in recognizable maps, you can easily see and understand your results and take action that is needed.

 

Explore claims data conversationally.

Just like you would ask a question of your Amazon Echo or Google Home, you can ask questions of your risk data using plain spoken language. Discover relevant information from your data with pattern detection powered by an AI assistant.

Start by asking a simple question, and the intelligent responses will provide insights that prompt further questions and discoveries.

Ready to learn more?

Enhance Claims Analytics with Third-Party Data

It’s certainly possible to make decisions based only on your internal data. However, internally generated information can leave gaps. With Ventiv's claims analytics software, Incorporate new, nontraditional, and external sources of data into your analyses, such as weather patterns, industry data, location services, building materials, census records or COVID-19 data for a holistic view of the business challenges you want to solve.

insurance claims analytics software, claims analytics software, claims analytics solution

Operational Analytics & Reporting

Administer your reporting and operational analytics within the same exact platform as advanced analytics.

Pre-Built Parameterized Standard Reports

Scheduled, Ad Hoc, Email, Burst, FTP distribution

Drill Down & Thru Reporting

Audit & Data Quality Reports

Enterprise Reporting

Compliance Reporting

Loss Development Factors & Loss Triangles

Premium Allocations

Ready to learn more?

Want to Talk?

You have questions about our claims analytics software...we have answers!

Let’s talk about how we can move your business forward.

Download eBook

Driving the Data Dividend: Making Use of Analytics in Risk Management

Download our guide that discusses the challenges and proposes a model for data-driven decision making for enterprise risk management purposes.

Infographic

7 Ways to Leverage Artificial Intelligence Now

Here are seven reasons why risk managers should implement artificial intelligence tool at their company sooner rather than later.

Subscribe

Ventiv's 3SIXTYº Blog is the go-to source for risk, insurance, and safety managers. Subscribe and stay up to date.

Ready to move your business forward?

Let’s Talk

With 500+ global customers and counting, Ventiv is one of the premier leaders in the risk management, insurance claims and advanced analytics space. Helping some of the biggest brands on the planet with products like our industry leading insurance claims analytics software.

Fill out the form, email us at contact@ventivtech.com or call one of our many global office locations to get the conversation started today on moving your business forward.