Data-Science-Platform

Ventiv AI

Harness the power of Artificial Intelligence (AI) to gain insights faster and optimize outcomes in risk and claims management

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AI can help risk and insurance professionals achieve the most favorable results for claims and underwriting. Ventiv AI has been designed to make AI easy for anyone, no matter where they are on their AI journey.

Ventiv Technology

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Beyond reporting, now predicting

Make data-driven decisions that deliver superior results with the market’s first self-service AI solution designed exclusively for risk and claims management. Augment your data set with nearly 3 million records consisting of $30B of closed claim data, curated by our team of expert data scientists.

Identify-Costly-Claims
Quickly identify your most costly claims and assign resources accordingly
Predict-Claim-Development
Predict claim developments and take proactive steps to minimize severity
Automate-Workflows
Automate workflows and make informed decisions throughout the life of a claim
Data-Science-AI

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

Discover insights with AI in a way that works best for you

Whether you want to use the pre-built elements of the system or work directly with the code, the user interface adapts to your preferences. You can quickly perform anything from basic functions to advanced data modeling and analysis.

The process can be as simple or as sophisticated as you would like, depending on the function you want to perform, the depth of insight you need, the amount of time you have and your level of experience in data science.

Data Science Model Interaction
  • Leverage pre-created algorithms integrated into a RMIS or claims system
  • Use standard, built-in algorithms
  • Create custom scripts with R or Python code
Self-Service Platform
  • Develop and operationalize custom ML models
  • Create content
  • Socialize findings
  • Create visualizations
  • Create dashboards
  • Create storyboards
Hybrid Interaction
  • Leverage Automated Predictive Analytics capabilities
  • Use Natural Language Querying
  • Leverage pre-created models and content
  • Explore data and create content

Easily modify models, use built-in models or create your own models

Perform advanced analysis with built-in models, like Claim Severity Scoring, Case Reserve Prediction, Characteristics Correlation, Litigation Potential, Settlement Potential, Fraud Risk Scoring and more. You can easily modify existing models based on your needs, or you can create your own original models.

Quickly discover insights, identify patterns and generate risk predictions with predictive models designed for your business.

Use built-in models or create your own
Prepare data intuitively and get to analysis faster

Combine and analyze several data sets at once

You have the option to use built-in tools with full Python and R integration, or you can let us do all the setup and model work. Now you can instantly combine and analyze multiple types and sources of data.

Simulations

  • Perform advanced analysis and simulations with built-in forecasting, clustering, optimization, decision tree and outlier analysis models.
  • Perform Monte Carlo risk analysis by building models of possible results by substituting range values for any factor that has inherent uncertainty.
  • Support for standard deviation, linear regression, correlation and covariance.

Showcase your results with enhanced visualizations

Seamlessly integrate your findings from built-in machine learning and AI models with supported visualizations.

Display predictions, optimizations, trends, patterns, outliers and other data analysis with engaging graphs and diagrams.

For example, insights gained from the machine learning models may be used within a Cognos report.

Communicate your findings with intuitive visuals

Now AI is easy for anyone, no matter where you are on your journey.

Integrate data virtualization, data science and data visualization together in a modern digital experience

Leverage data, analytics, AI and machine learning across an enterprise with multiple systems

Enhance your existing technology investments while maximizing user skills, adoption, preferences and flexibility

Data Science

See how your data relates to the bigger picture with insights from trusted third-party sources.

Want to talk?

You have questions... we have answers!

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

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