RMIS firm unveils cloud-based analytics platform

Risk management information systems provider Ventiv Technology Inc. on Thursday said it has launched a cloud-based analytics platform targeting risk, insurance and claims managers.

The Ventiv Analytics cloud enables risk managers to combine and explore claims, exposure, property type and any third-party data to look for correlations and insights into their business, the Atlanta-based company said in a statement.

Ventiv already offers multiple prebuilt data sets for historical earthquake, wildfire, weather and census data, but risk managers can now add third-party data, including data from third-party administrators, insurers and consultants to the analytics platform, according to the statement.

The platform will enable risk, insurance and claims executives to more accurately identify “opportunities for risk mitigation, loss prevention and cost savings,” Ventiv CEO Bill Diaz said in the statement.