Ventiv AI

Augment your proprietary data with a vast array of data sets and predictive models.

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.

Achieve visibility of your data and choose how involved you want to be with your modeling.

Unlike other AI solutions, Ventiv AI lets you see how your results are determined and gives you options to modify models or create your own models.

Perform your own simulations and create your own visuals with a full data science platform.

Rather than simply inputting a question and receiving an answer, you have the power to perform your own simulations and create visualizations to showcase your findings.

Ensure your data is not moved off premises or to a third-party vendor.

Many AI providers must send and retrieve your data to and from external vendors for analysis. With Ventiv AI, your data stays in your environment. This approach mitigates security risks, possibility of data theft and failure points while reducing the complexity of the process.

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.

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

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Ventiv AI

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.

Beyond reporting, now predicting

Quickly identify your most costly claims and assign resources accordingly

Predict claim developments and take proactive steps to minimize severity

Automate workflows and make informed decisions throughout the life of a claim

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

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

Combine and analyze several data sets at once

Showcase your results with enhanced visualizations

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

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

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With Ventiv Patient Safety, we have all of our claims and incident data in one system, and we can better understand event trends and drivers with advanced analytics and reporting.

One of the key benefits we get from Ventiv is enhanced efficiency. It allows our adjusters to navigate easily through the different components of the claim and put more focus on getting an optimal outcome for the injured worker.

We have more than ten-year relationship with Ventiv. There’s a really strong level of trust in our relationship, which gives us confidence that the team at Ventiv is advising us based on their experience with us and knowing what we need and why.

Working with an experienced provider like Ventiv Technology is an important precondition of achieving our goals and furthering the mission of the County of Los Angeles.

Having the Ventiv team’s guidance was such a great benefit for HPIC. There were many times we turned to Ventiv to ask what other Ventiv clients in our line of work were doing; access to best practices is something we really appreciated.

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