Ventiv Technology To Include IBM Watson Analytics As Part Of Its Insurtech Software Solution

The addition of Watson Analytics will provide an unprecedented ability for our clients to manage their increasingly complex risk environment. This unique and powerful combination provides the type of innovation and market-leading value that Ventiv clients expect.

Ventiv Technology, the world’s largest global, independent provider of risk, insurance, and EH&S software, announced today that IBM Watson Analytics is now available as part of Ventiv’s insurtech software solution, RiskConsole Advance. Ventiv is the only provider in its sector of the risk technology market to integrate IBM Watson Analytics as its advanced analytics and smart data-discovery solution.

IBM Watson Analytics can identify root cause, trends, outliers and predictive factors which are critically important to implement effective risk management and loss control initiatives. With IBM Watson Analytics, Ventiv customers can identify complex correlations with a simple, natural language interface. RiskConsole Advance with IBM Watson Analytics can combine third-party data (such as weather, census, and social data) which expands the possibilities even further.

Bill Diaz, Ventiv Technology’s Chief Executive Officer, said, “We are extremely excited to expand our partnership with IBM by embedding Watson Analytics into our products. Ventiv has been a long-time partner with IBM, establishing the partnership in 2009 and is now embedding the Cognos Analytics solution into RiskConsole Advance. The addition of Watson Analytics will provide an unprecedented ability for our clients to manage their increasingly complex risk environment. This unique and powerful combination provides the type of innovation and market-leading value that Ventiv clients expect.”

“Whether you are…

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