RECOMMENDATION(S):
APPROVE and AUTHORIZE the Director of Risk Management to execute a Software and Services Agreement with Ventiv Technology, Inc. in the amount of $1,176,123 for a hosted workers' compensation and liability claims management software system for the period of December 31, 2020 to December 31, 2023.
FISCAL IMPACT:
Costs are supported through Countywide inter-departmental charges to the Internal Service Funds for workers' compensation and general liability.
BACKGROUND:
Ventiv Technology, Inc. provides the iVOS claims management system used by Risk Management to process current and historical claims data for administration of claims, premium charges, actuarial analysis and identification of loss trends. The agreement obligates the County to indemnify Ventiv for third party claims arising from County's use of results obtained through use of the System (provided the System has functioned in accordance with the Documentation), and claims the County's Data infringes the rights of a third party.
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