Guidewire ClaimCenter vs. Ventiv IRM

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Guidewire ClaimCenter
Score 9.0 out of 10
N/A
GuideWire Software in California offers ClaimCenter as an end-to-end insurance claims management system for personal, commercial or workers compensation, with automation designed to eliminate the need to perform low level tasks associated to managing claims.N/A
Ventiv IRM
Score 7.6 out of 10
N/A
Ventiv IRM is integrated risk management software designed to provide the insights needed to monitor and lower the user's Total Cost of Risk (TCoR). It features real-time analytics for decision support by integrating data from internal and external sources in one system while connecting risk mitigation activities across the business.N/A
Pricing
Guidewire ClaimCenterVentiv IRM
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Guidewire ClaimCenterVentiv IRM
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
Guidewire ClaimCenterVentiv IRM
Top Pros

No answers on this topic

Top Cons

No answers on this topic

Best Alternatives
Guidewire ClaimCenterVentiv IRM
Small Businesses

No answers on this topic

No answers on this topic

Medium-sized Companies

No answers on this topic

Qualys TruRisk Platform
Qualys TruRisk Platform
Score 8.3 out of 10
Enterprises

No answers on this topic

SailPoint Identity Platform
SailPoint Identity Platform
Score 8.7 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Guidewire ClaimCenterVentiv IRM
Likelihood to Recommend
9.1
(3 ratings)
8.0
(4 ratings)
Likelihood to Renew
-
(0 ratings)
9.1
(2 ratings)
Usability
-
(0 ratings)
8.2
(1 ratings)
Support Rating
9.0
(1 ratings)
8.2
(1 ratings)
Implementation Rating
-
(0 ratings)
1.0
(1 ratings)
User Testimonials
Guidewire ClaimCenterVentiv IRM
Likelihood to Recommend
Guidewire Software
ClaimCenter is well suited for any size insurance company, as it is easy to use, is intuitive in navigating through the screens, and helps keep adjusters and managers on top of respective claims inventories via the ability to create and assign "activities".
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Ventiv Technology
Ventiv IRM works great for companies with a large number of sources of data, record management, and reporting needs. The system will be able to handle multiple users, processes, or other functions that a large company may need. Ventiv IRM would not be a good fit for companies that may not be large enough to justify the cost of a powerful platform like IRM.
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Pros
Guidewire Software
  • Creates an efficient workflow
  • Intuitive interface simplifies training and mitigates some mistakes
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Ventiv Technology
  • Support Portal allows direct access to support tickets, their status, and having programmers/developers reach out directly to me to clarify my requests.
  • Taking a big project and putting it into smaller, measurable pieces that move the project from beginning to end.
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Cons
Guidewire Software
  • Challenging and complex integration with other systems
  • Anticipating more support from core implementation for a seamless end-to-end flow
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Ventiv Technology
  • Setting up a new Advance Query report - sometimes I run into glitches
  • When creating/implementing a match merge, the two claims that are set to merge, need to be typed EXACTLY the same (UPPERCASE & lowercase matching on both, if one is all caps and the other is lowercase, the match merge is not successful)
  • I do wish there was a way to self-match two claims instead of waiting for the match merge.
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Usability
Guidewire Software
No answers on this topic
Ventiv Technology
Very usable. The team is always suggesting "tweaks" that allow for easier flow, better understanding of the information needed. This even includes in moving categories/sections in a records around so that the flow of the record is better
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Support Rating
Guidewire Software
Most interactions with support have been very helpful and led to the resolution of the issues. They were more than willing to help resolve issues and were knowledgeable. Also, the time to get an actual representative was much lower than many other vendors. Getting to additional tiers of support was a hassle at times, but once there the issues got resolved.
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Ventiv Technology
Support will reach out to me and I LOVE that. Often I want to show them what I see and they have always been willing to jump on a Teams meeting so I can do that. This has also helped me understand how to explain things better (support speak). This has led to closing tickets, completing projects sooner.
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Implementation Rating
Guidewire Software
No answers on this topic
Ventiv Technology
The actual implantation was not good. The system is fully customizable so Ventiv was ready to give us what we wanted; however, we never had a system so we didn't fully understand what we wanted. Since then, we hit "reset" and we are steadily moving forward.
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Alternatives Considered
Guidewire Software
We have been very happy users of ClaimCenter (currently on version 9) for over 15 years and have not had any reason to review other competitor claims management platforms.
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Ventiv Technology
While Ventiv IRM is a bit more expensive than another platform we have used and evaluated, we get a lot of value that helps us make informed risk management decisions. The system works for us, and not the other way around. We're able to use integrations from other sources (such as Navex for reporting and our TPA, and Gallagher-Bassett for financial claim information). The system is easy to use, update, and manage, which is helpful too.
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Return on Investment
Guidewire Software
  • ROI is still under assessment
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Ventiv Technology
  • OSHA reports are easier to run they were in our former software, Riskmaster
  • We don't utilized IRM as much as CE so are still finding ways to improve
Read full review
ScreenShots

Ventiv IRM Screenshots

Screenshot of Executive Dashboard
Interactive dashboards allow you to consolidate cross module indicators with a variety of graphical visualizations, including heat and geographic maps, to show aggregations, trends, hot spots and forecasts.Screenshot of ERM Summary Dashboard
Focus in on key risk metrics and track how they have changed compared to prior reporting, look at your risk concentrations by business and risk category plus spot your key risk assessment movers.Screenshot of Claims & Policy Dashboard
Dashboards can be covering 2 linked modules like Claim and Policy here showing Loss Ratios along with Claims Incurred and Premium spend analysis.Screenshot of Map Search
Map Search allows you look for information geographically to spot locations and concentrations. Connect to our advanced analytics to see how your risk profile is impacted by geographic hazards and perils.Screenshot of Portal Landing Page Sample 1
Create portal landing pages for your users or customers; make specific to your industry.Screenshot of Portal Landing Page Sample 2
On the portal page include quick links to their common actions plus include lists of their current cases (claims in this example).