Ventiv Technology Included in Celent Property Casualty Insurance 2022 Report

Leading RMIS Provider Receives Functionality Standout Designation

ATLANTA--(BUSINESS WIRE)--
Ventiv Technology, the leading provider of risk, insurance, and underwriting solutions, announced today its inclusion in Celent’s 2022 Claims Systems Vendors: North American Property Casualty Insurance Report. The annual publication provides an overview of the claims administration systems available in North America for property-casualty insurance carriers. In addition, Ventiv received the functionality standout designation as part of its inclusion in the report.

According to the report, Ventiv Technology surpasses many of its competitors in the field with its advanced risk management technology. It also calls attention to Ventiv’s long history of handling workers’ compensation claims with its broad and robust functionality.

“We pride ourselves on providing advanced solutions that exceed our clients’ expectations and needs,” said Ventiv CEO Salil Donde. “This report reinforces that notion, highlighting the breadth and width of features and capabilities our software provides. We continue to challenge ourselves to be industry leaders and solutions providers for this space.”

The report also notes that Ventiv clients rated the company favorably, rating its technology, ease of system maintenance, configurability, and flexibility of data models highly. Ventiv clients also noted the solution’s easy integration with other internal applications and that, “Ventiv’s customer experience is the best I have ever encountered…we never feel left in the dark.”

The annual report from Celent provides an overview of the claims administration systems available for property-casualty insurance carriers in North America. It profiles 23 core claims solutions, providing an overview of their functionality, customer bases, lines of businesses supported, technology, implementation, pricing and support.

Visit Ventiv’s website for more information.

About Ventiv Technology

Ventiv Technology is a leading global provider of risk management information systems (RMIS), enterprise risk management (ERM), insurance claims, billing, policy, and administration technology integrated with its market-leading analytics and predictive models. Ventiv Technology’s SaaS and on-prem solutions are deployed by brokers, insured corporate entities, federal and regional governments, third party claims administrators (TPAs), and risk pools across a variety of industries including transportation & logistics, retail, financial services, leisure & hospitality, carriers & insurers, energy, aviation, manufacturing, government & public entities, and many more.

With over 45 years’ experience, Ventiv proudly boasts over 450 institutions as its customers and more than 350,000 users of Ventiv’s technology in over 40 countries. Ventiv’s global footprint and experienced team of industry veterans delivers insight to organizations that allows our customers to predict, manage, and respond to risk.

For more information, please visit https://www.ventivtech.com or @VentivTech.

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Brianna Larouche
[email protected]

Source: Ventiv Technology