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Insurance Policy Administration System

Using Ventiv's insurance policy admin system, companies can streamline access to data and deliver timely information to executives, underwriters, and agents

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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

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Ventiv provides us with the flexibility to perform several different reports and to analyze information by various data elements, such as by branch or by state. That’s the beauty of the solution—it’s easy to get the information we need.

K&S Freighters

Ventiv's reporting capabilities are fabulous. We've created a more efficient and automated process. At the same time, the data is accurate and delivered much more quickly.

K&S Freighters

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Manage the entire lifecycle of a policy in a single admin system

Gain complete control over your entire book of business.

Finish tasks in a fraction of the time with fully optimized workflows

Automate processes to deliver data and information to executives, underwriters and agents both quickly and correctly.

Improve access for insureds while improving client satisfaction

Give your insureds with timely access to policy data and reporting.

Lower the overall costs and achieve better business retention

Streamline availability and access to information to reduce costs and retain agents and members.

Support all processes from underwriting to renewal

Track all lines of business for all states and automate processes with Ventiv's policy administration system:

  • Rating and allocation
  • Certificates
  • Invoicing
  • Quoting
  • Reporting
  • Renewals
  • Endorsements
  • Diaries

Get control of your book of business:

  • Policy administration
  • Member services
  • Future pricing models
  • Risk assessments
  • Loss mitigation
  • Analytics with Business Intelligence (BI) reporting

Easily configure workflows for your unique processes

Streamline the complete insurance policy administration process and automate labor-intensive underwriting tasks.

  • Generate renewals
  • Generate quotes
  • Issue new policies
  • Make changes to existing policies
  • Eliminate manual data entry

A workflow that once took hours, days, or even weeks can now be accomplished in a fraction of the time - without sacrificing security or reliability with Ventiv's insurance policy administration system. Effortlessly design and set up workflows for your unique processes.

Easily configure workflows for your unique processes

 

Increase satisfaction for members and agents with self-service options

Ventiv's policy admin system offers secure and easy access to:

  • New business, renewal, and endorsement quotes and proposals
  • Member and agent contact details
  • User inbox to view pending tasks
  • Document management and uploads, including exposures
  • Proposal and policy history
  • Customizable proposal questionnaires
  • Navigation through underwriting information
  • Producing reports, schedules, and certificates

Improve cost and pricing accuracy

With Ventiv's insurance policy administration system, create significant operational savings with improved analysis of premium, risk, and deductible factors. Increase product-line earnings and improve business retention.

With powerful embedded analytics in Ventiv's policy admin system, you can rapidly make better, more accurate decisions based on your own data:

  • 33 out-of-the-box Key Performance Indicators (KPIs) provided
  • Library of standard reports are supplied
  • User friendly ad-hoc reporting

Ready to learn more?

 

Change your approach to policy administration

Morgan BarletLearn how to better support your unique policy administration needs with a modern-day solution designed for you. View this short video with Ventiv's Policy Product Manager, Morgan Barlet.

Operational Savings

Attain significant efficiency and savings

Recognize an operational savings of up to 75% to create policies and certificates with Ventiv's policy admin system. Improved staff efficiencies can save more than 20% or more in related overhead costs, including policy costs.

Policy Webcast

ON-DEMAND WEBCAST

Trying for a win-win?
Consider a Portal for Your Policyholders

This on-demand webcast covers Insured/Agent Portals and the high value they bring to policyholders and insurers alike.

WATCH IT NOW

Ready to learn more?

Interested?

You have questions about our insurance policy administration system...we have answers!

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

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Considering an insurance policy administration system or another risk technology purchase?

Download our Buyer's Guide to a Risk Management Information System.

Infographic

Expect more from renewals technology

Walk through the Ventiv renewals roadmap and discover what to expect from a new generation of automated renewals tools.

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Ready to move your business forward?

Let’s Talk

With 500+ customers worldwide 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 policy administration system. 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.