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Ventiv Claims

Score8.3 out of 10

32 Reviews and Ratings

What is Ventiv Claims?

Ventiv Claims is a claims administration system that is comprised of one or more Claims Management modules and a variety of supporting modules, including Absence Management, Enterprise Legal Management, Workers’ Compensation, Policy Management, Billing Management, Claims Intelligence, Corrective Action Plans, and Incident Reporting. The system was designed as a claims management system from the perspective of claims examiners. Designed to make it easy to manage claims, it includes functionality like diaries, business rules, workflow management, notepads, and financial management. Ventiv Claims enables users to define custom workflows tailored to each client’s specific business process, to make claim, document, and policy administration more efficient.

Ventiv Claims offers an “out of the box” solution to clients. At the same time, the Ventiv Claims architectural design was developed with the fundamental requirement of flexibility to adapt to meet the changing business requirements of clients. The system modules, fields, interfaces, and reports are user configurable so that Ventiv Claims can be adjusted to meet most organizational processes without custom programming.

Categories & Use Cases

Videos

Screenshots

Screenshot of Claim Frequency by Age/Claim Severity by Age
Graphical Representation of Claims Frequency and Severity by Age
Screenshot of Unreviewed Documents by Examiner
Graphical Representation of documents that have not been reviewed by file handler
Screenshot of ODG Comparison – Total Cost
Graphical representation claim cost benchmarked against ODG Guidelines
Screenshot of Vendor Payment 
Graphical representation of payments made over time, payments by transaction, and total amount paid for specified time frame
Screenshot of Policy Participation
Graphical Representation of reinsurance layers for a specific policy
Screenshot of Claims by Month
Graphical Representation of claims entered by month that includes a filter for claim year and status

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Screenshot of Claim Frequency by Age/Claim Severity by Age Graphical Representation of Claims Frequency and Severity by Age

FAQs

What is Ventiv Claims?
Ventiv Claims Administration software is designed to handle claims with speed and precision.
What are Ventiv Claims's top competitors?
Riskonnect IRM, Duck Creek Claims, and Majesco Claims are common alternatives for Ventiv Claims.
Who uses Ventiv Claims?
The most common users of Ventiv Claims are from Enterprise.