Configured specifically for pools, Ventiv IRM helps pool administrators automate and improve their most crucial functions, including purchasing insurance and accepting the transfer of risk from members. Ventiv IRM also streamlines important tasks such as member communications, allocation of contributions, engagement with excess markets, and facilitation of member requests for certificates of coverage.
Meet the demands of an ever-changing world. Beat the competition with quicker to- market products that support members’ needs. Ventiv Policy™, a flexible tool built for the modern insurance landscape, sets the standard for policy-administration systems. Ventiv Policy is a user-friendly, end-to-end policy-administration platform designed to guide insurers through all processes from underwriting to renewal.
The platform helps organizations reduce their administrative costs and respond to regulatory compliance needs. Ventiv Policy also helps organizations achieve significant operational savings through automated workflows that leverage risk scoring and predictive analytics.
Policy administration from Ventiv covers many lines of business, including workers’ compensation, general liability, property, AL/APD, E&O, D&O, and medical professional liability.
The Ventiv Policy Portal is a fully integrated member/agent policy administration system. Designed for the risk management industry, the Ventiv Policy Portal automates essential administrative tasks.
The Policy Portal serves as an intermediary between members and agents and the underwriter. The Policy Portal gives members and agents the option of administering—in real time and from any device—their policies for new business, renewals, and mid-year changes.
With the Ventiv Policy Portal, it’s never been easier for pools, TPAs, and carriers to upload data, run reports, service third-party certificates of insurance, and monitor the policy management processes.
Few pools manage every aspect of claim adjudication. More and more, TPAs and other vendors (such as case management and bill review) take on claim-management roles. This can have the effect of distancing pools from claim data and overall claim trends. Ventiv Analytics put you back in charge of claim analysis and reporting.