RiskVille

RiskVille is a cloud-based solution designed to automate core tasks within policy, claims, and risk management for insurance businesses. According to the vendor, RiskVille caters to insurance agents and brokers, risk managers, underwriters, claims adjusters, and insurance carriers. By streamlining day-to-day operations and providing comprehensive tools for risk assessment and reporting, RiskVille aims to empower insurance professionals to efficiently manage customer relationships, claims, policies, and risks in one centralized system.

Key Features

Rating, Quoting And Billing: According to the vendor, RiskVille allows users to conduct rate analysis, standardize quotes, and calculate premiums and taxes for any insurance product. Users can also manage underwriting rules based on risk and threat information.

Policy Management: RiskVille provides access to standard policy templates, allowing users to create policies with different risk coverage and compliance. Users can monitor renewals, prepare reports, and benefit from automatic policy renewals.

Certificates Issuance: RiskVille enables quick verification of policy existence with online certificates of insurance (COI). Policyholders can request and print certificates directly from the platform.

Risk Management: According to the vendor, RiskVille offers comprehensive tools for risk monitoring, identification, assessment, and reporting. Users can calculate risks for all types of assets and allocate relevant premiums.

Claims Management: RiskVille allows customers to report claims online and customize claim report forms. Users can also receive notifications about incoming claims.

360 Customer View: With RiskVille, users can create unified profiles that include customer data, demographics, contacts, and policies. This feature aims to provide a holistic view of historical and behavioral data.

Customer Portal: RiskVille serves as a portal for sharing data and documents with clients. Policyholders can edit contact information, view quotes and policies, add assets, and track claims through the platform.

Automate Operations: RiskVille aims to automate time-consuming routines such as insurance renewals, billing, reminders, and reporting. This feature is designed to maximize time for advising and building relationships with clients.

Safe In The Cloud: According to the vendor, RiskVille stores all data securely in the Microsoft Azure platform. The product is GDPR compliant, certified, and audited by Grant Thornton.

Be Compliant: RiskVille supports teamwork and compliance with workflows, audit trails, and automated actions. The product aims to eliminate redundancy and strengthen data interactions and compliance.