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Risk Engineering & Property Risk Control

Optimize loss-control resources

Improve risk profile

With an active management of your recommendations and associated risk improvement program, your risk profile will continually get better.

Optimize premiums 

When insurers know you act on survey recommendations, you get better premium rates and policy terms.

Reduce loss potential

With an improved risk profile and better risk controls, reduce the potential for losses and/or the impact of a loss.

Manage budgets

With restrictive budgets, informed decisions drive targeted risk improvements and prioritise those getting the maximum ROI.

Ventiv’s risk engineering & property risk control capabilites empower you to improve the management of and results from your survey program. A central repository of survey ratings, along with survey reports and associated recommendations (plus track temporary impairments), with roll-out to the action owners empowering a more proactive approach to property management, risk improvement and mitigation. 

Risk Engineering

Enhance your risk profile

Make the most of investment into your risk engineering program and don’t leave the reports gathering dust: evaluate your reports’ recommendations and prioritize action on them. Roll-out the recommendations seamlessly to those responsible in the locations. Improve your risk profile with better and new controls.

Strengthen your negotiating position

With the ability to demonstrate an effective and sound survey program, you can give the underwriter confidence in your risk profile and help secure the best property premium rates and policy terms. Plus avoid claims coverage discussions for failing to action mandatory recommendations.

Avoid losses happening

With a proactive risk improvement program delivering better and new risk controls, losses can be avoided or the impact of a loss mitigated. Investigations into root causes and roll out of “best in class” actions will further strengthen loss prevention initiatives.

Optimally manage loss prevention budget

Risk improvement budgets are continually under pressure so with better insights to your risk profile, risk improvement decisions can be targeted to deliver best value.

Recommendations can be weighted between outcome and cost of the recommendation plus you can factor items like exposure to natural catastrophe into the equation.

TRACK THE SURVEY RESULTS

Ventiv allows you to keep track of each survey, including the survey report itself and recommendations, plus track temporary impairments. Also features automatic reminders, generation of survey calendars plus ability to load from external surveyor systems.

MONITOR RECOMMENDATIONS AND PUT THEM INTO ACTION

Maintain and distribute a detailed register of all the recommendations throughout your organization, with direct updating as the recommendations are completed. Including reminder reports and e-mails to better manage the implementation of recommendations.

STORE AND ACCESS DOCUMENTS IN ONE PLACE

In addition to managing and administering survey reports and recommendations, Ventiv is a central repository for storing and accessing a wide range of documents, including pictures, building plans, CAD drawings, engineering reports and flood maps.

MANAGE PROPERTY RISK CONTROL BY TERRITORY

With Ventiv, you can manage property risk control efforts more effectively, by reporting on survey inspection dates to ensure locations are adequately surveyed.


LINK TO INVESTIGATIONS, AUDITS AND ASSESSMENTS

Ventiv offers more capabilities to embed and supplement the risk engineering process and support self-service. With capabilities to conduct risk assessments, audits and investigations to provide a total solution.

Heinz
Heinz

Heinz

"By running a query or report in Ventiv we can see what percentage of recommendations have been completed. We can actually break it down into a format where we can easily identify recommendations that need some capital appropriation. What we’re looking for is a high percentage of recommendations that generally don’t involve a lot of expense to be completed, but that have a significant impact." Read More >

JERRY FLECKENSTEIN

Manager of GlobalL Insurance

Heinz



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Our team can help your organization solve its risk, claims and safety management software needs.

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