Ventiv Policy 2026: Benefits, Features & Pricing

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About Ventiv Policy

Meet the demands of an ever-changing world. Beat the competition with quicker-to-market products that support policyholders’ needs. Ventiv Policy, a flexible tool built for the modern insurance landscape, sets the standard for policy-administration systems. Ventiv Policy is a user-friendly, end-to-end policy-administration platform designed to guide insurers through all processes from underwriting to renewal.
The platform helps organizations reduce their administrative costs and respond to regulatory compliance needs. Ventiv Policy also helps organizations achieve significant operational savings through automated workflows that leverage risk scoring and predictive analytics.
Policy administration from Ventiv covers many lines of business, including workers’ compensation, general liability, property, AL/APD, E&O, D&O, and medical professional liability.
Reduce costs, improve service
Ventiv Policy integrates key functions into one comprehensive solution: underwriting, exposure tracking, loss control, rating, risk management, binder issuance, claims tracking, and reporting.
This solution includes business rules, underwriter workbench, customer relationship management, and a fully...

configurable Member/Agent Portal. Ventiv Policy helps reduce costs and improve service to agents and insureds by eliminating manual data entry and duplicative efforts. Ventiv Policy automates labor-intensive underwriting processes, streamlines access to information, and delivers information to executives, underwriters, and agents/insured. Automate Policy Administration for Enhanced Efficiency Ventiv Policy automates administrative tasks, reduces data redundancy, and improves overall efficiency. Administrative tasks that took hours, days, or even weeks can now be accomplished in a fraction of the time, without sacrificing underwriting reliability or security. Raise the Bar for Policyholder Services Ventiv Policy enables organizations to improve the services they provide to insureds. Organizations using Ventiv Policy increase client satisfaction by offering self-service options for policy changes, invoicing, forms, and other administrative support tasks such as generating certificates of insurance. Using Ventiv Policy, organizations can coordinate new business, renewals, and mid-year changes among clients, members/agents, and carriers. A thoroughly integrated CRM platform manages member and agent outgoing electronic communications; the CRM also accommodates on-the-fly annotations after discussions with members. Multi-quote summaries resolve open quotes when they are bound. Multi-quotes summaries also provide recommendation reporting via dashboards and other reporting functionality. Invoices, forms, reports, and other attachments are all available through the Policy Portal. Organizations improve the accuracy of their consultations, pricing, and product placement by accessing deductible PA with three-and five-year claim analysis and premium at each layer and all other aspects of an insured’s risk profile. Improve Pricing and Cost Accuracy Mispricing a product or line of products can be a significant competitive disadvantage. With Ventiv Policy, analysis of premium, risk, and deductible factors are more accurate; as a result, organizations can increase product-line earnings and better retain business. Ventiv Policy also empowers organizations to offer their policyholders a variety of ways to tailor their coverage, including coverage, deductible, and premium options. Improving Client Communication and New Business Development Current clients appreciate proactive communications that can reduce their exposures. When effective communication is established, clients are more likely to give serious consideration to recommendations for additional products. To support improved communication and new business development, Ventiv Policy Reporting informs both internal stakeholders and the policyholder of the strengths and weaknesses of a specific program.

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Ventiv Policy Pricing and Plans

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Ventiv Policy Features

Popular features found in Insurance Policy
Billing & Invoicing
Claims Tracking
Policy Issuance
Quotes/Estimates
Rating Engine
Renewal Management
Underwriting Management
More features of Ventiv Policy
Policy Management
Reminders