Case Study: The Mosaic Company improves exposure data management with Ventiv Technology

The Mosaic Company - Customer Case Study

The Mosaic Company, a global producer, distributor and marketer of phosphate and potash, faced a complex risk profile across 90 locations in eight countries. Its manual, spreadsheet-based exposure-data collection process made it difficult and time-consuming to gather detailed renewal information, taking more than eight weeks and limiting the depth of data available to underwriters.

Ventiv Technology helped Mosaic by augmenting its RiskConsole with an exposures module that automated exposure data collection, compilation and analysis across multiple lines of risk. The solution improved data accuracy, centralized property and casualty exposures, reduced renewal effort, increased underwriter confidence, and helped Mosaic achieve better submissions, improved coverage, and lower premiums.

The Mosaic Company

Michael R. Bishop

Insurance Manager