Predict the ultimate incurred of each claim with the Ventiv Case Reserve model. Whenever new data is added to the claim file, the prediction updates in real time. With these insights, you can easily determine the probable cost of a claim and set reserves accurately.

Predict which claims have the potential to exceed a certain cost threshold. With ever-increasing claim volumes, the ability to prioritize is more important than ever. By identifying costly and complex claims early, you can take proactive steps to mitigate severity. Classifying your claims as High, Medium, or Low risk to allocate your time and resources accordingly. Quickly assign complex claims to your most experienced adjusters and simplify management of smaller claims with straight-through processing.

Formal litigation is a major cost driver in claims management, and legal costs can escalate quickly. With the Ventiv Litigation Propensity model, you can predict the likelihood of litigation for each claim. With early identification, you have a greater opportunity to prevent litigation and settle claims earlier.

Identify subrogation cases with Ventiv Subrogation Potential model. Minimize the number of missed recovery cases by using predictive analytics and AI to recognize known and unknown subrogation indications in the claims information.

Accurate forecast the duration of a claims with Ventiv Claims Duration model. Knowing the expected length of a claims from as a FNOL or FROI can drastically improve the claim management process. As new updates to the claim are received the model continuously re-estimates the duration.