Ventiv-Analytics

Risk Management Analytics Software

Harness the hidden insights in your data to predict outcomes, drive transformation and realize significant ROI.

Chat with 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

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

What they are saying about Ventiv

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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

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Data Discovery

Find clear answers in seconds

Geospatial Analytics

Visualize patterns with maps in real time

Exploration

Explore data conversationally

Data Science Platform

Now AI is easy for anyone

Find clear answers to complex business questions

With advanced analytics and data discovery, anyone can detect hidden insights. Jump in and perform queries directly without the need to engage a professional data scientist. Build dashboards and uncover answers instantly.

Ventiv Analytics Dashboard

Let your data tell the story

Remove your personal bias with fact-based results. Any unexpected findings can highlight new patterns in your data and pinpoint areas to focus your attention.

How you can use advanced analytics:

Make decisions now

By adding the visual context of location and timing to traditional data, you can create maps to highlight trends, patterns and aggregations that are often hidden in spreadsheets such as proximity, distance, affiliation, and contiguity. When you can see events and trends in recognizable maps, you can quickly interpret your results and take action.

Geospatial-Hurricane-Delta

Ask questions of your data

Just like you would use a search engine, you can ask questions of your risk data using natural language. Discover useful information from your data with pattern detection powered by an AI assistant. Begin by asking a simple question, and the intelligent responses will provide insights that prompt further questions and discoveries.

Display your data connections instantly

Spreadsheets are useful when analyzing a small amount of data, but they are limited in displaying trends and providing answers when data volume increases. 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 with ideal visuals – a heat map, word cloud, pie chart, or scatter diagram, for example. You also have the option to choose your preferred visualization manually.

Enhance analytics with third-party information

It’s certainly possible to make decisions based only on your internal data, but this approach can leave gaps. Incorporate new, nontraditional and external sources of data into your analyses, such as weather patterns, location services, industry data, census records, building materials or pandemic data for a holistic view of the business challenges you want to solve. Let Exploration bring insights into the unknown factors driving your risk.

No matter where you are on your journey

  • Integrate data virtualization and data science together in a modern digital experience.
  • Leverage AI and Machine Learning across an enterprise with multiple systems.
  • Enhance your existing technology investments while maximizing user skills, adoption, preferences and flexibility.

Embrace cutting-edge technology without compromising the visibility or security of your data

Design your own AI experience based on your preferences

Predict-Outputs

Only interested in the outputs? Ask us about Ventiv Predict

Augment your proprietary data with nearly 3.5 million records consisting of $30B of closed claim data, curated by our team of expert Data Engineers and Data scientists.

Ventiv Predict collectively represents Machine Learning based predictive algorithms with claims triage and claims management as its first two use cases. With millions of records and counting, you can obtain real-time insights from benchmarking and predictive modeling that simply would not be apparent with a traditional approach. Ventiv Predict will help augment your decisioning by taking it from human scale to machine scale.

Ventiv’s MLOps (Machine Learning Operations) team consisting of Data Engineers, Data Scientists and Operations strives to achieve iterative-Incremental Development, Automation, Continuous Integration & Deployment, Versioning, Testing, Reproducibility, and Monitoring. Models are well documented and go through strict Review and Governance process periodically. Models are re-trained at least on a monthly basis to avoid model drift and ensure they are up-to-date.

Ventiv Predict Models

  • Case Reserve
  • Claim Severity Score
  • Litigation Potential
  • Natural Language Processing
    • Sentiment Analysis/Score
    • Word Trending
    • Text Analysis
MLOps

Ready to learn more?

Benchmark Database

Ventiv Benchmark Database

Machine Learning models are only as good as data they are trained on. Having a biased or a small sample can result in ‘overfitting’ (too narrow) model or too broad a sample without proper classification can result in ‘underfitting’ (doesn’t capture complexity).

  • Data is anonymized and deidentified adhering to all applicable rules and regulations
  • Nearly 3.5 million records as of August 2021, a statistically significant and geographically diverse dataset for model training
  • Data never leaves Ventiv firewalls
  • Strict processes and procedures for data handling with Legal team’s oversight
  • Dedicated Corporate Information Security Officer (CISO) to ensure Ventiv’s network and data assets are continuously monitored and protected

Want to talk?

You have questions about our risk management 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 at their organizations sooner rather than later.

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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 risk management analytics software.

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