Ventiv IRM

What is Ventiv IRM?

Ventiv, a leading provider of risk, insurance, and underwriting technology solutions, has over 45 years of industry experience. The company partners with more than 450 organizations worldwide, and its team of 400 professionals helps transform the way clients manage their risk and insurance information. Ventiv's Integrated Risk Management (IRM) software offers a comprehensive suite of risk solutions that empower risk, insurance, and safety managers to achieve their key business objectives and deliver operational excellence. The platform's powerful data management and predictive analytics tools provide actionable insights to support fully informed decision-making for optimal business outcomes

Highlights

• Covers non-insurable and insurable solutions, including Enterprise Risk Management, Loss Reporting, Claim and Litigation Management, Safety Management, Renewals and Submissions, Property and Asset Management, and Insurance Programs and Policies
• Provides flexible online intake forms and a companion Digital product for easy external/field user access and reporting
• Offers a full range of interfaces and data-conversion/ETL capabilities, allowing for real-time, one-time historic, and regularly scheduled data consolidation from multiple sources
• Includes comprehensive and advanced reporting and analytical tools, such as pixel-perfect reports, interactive dashboards, predictive and geospatial analytics, and Monte Carlo simulation
• Supports a range of international features, including multi-lingual and multi-currency capabilities, to enable global deployment and usage
• Hosted in secure US and European data centers with SOC 1 and ISO 27001 certifications
• Ventiv's IRM solution helps organizations connect risk across silos, establish a central source of truth, discover trends, quantify risk, and reduce their total cost of risk by 4-9 through data-driven decisions and clear connections between risks and business outcomes.