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.