Venture Insurance Programs (Venture) is a privately-owned, specialty insurance program administrator located in West Chester, Pa. The company is a leader in the design, administration and marketing of quality insurance packages to select niche industries. The company started in 1994 with the launch of its flagship insurance program, the Preferred Club Program®, and was incorporated as Venture Programs, Inc. in 1998.
Venture’s mission is to provide “best-in-class” insurance solutions for select vertical industries—currently golf & club, resort, casino, hotel, restaurant, hunting & fishing and technology—that are available exclusively through insurance agents and brokers. Among Venture’s services are underwriting and policy issuance for many of the world’s leading carrier groups.
Venture works with IRISK Solutions to offer proactive risk management oversight designed to complement carrier and TPA loss control services. Clients and brokers are able to utilize a state-of-the-art Risk Management Information System (RMIS) to better monitor loss control and claim activities on their behalf. As a result of this service, Venture’s insureds have traditionally lowered their claim frequency by 16% per year, and claim severity by 18% annually.
Venture continually strives to provide the highest standards of insurance program administration by combining the high quality products with a higher level of service. This commitment to continual improvement shows in the underwriting results for Venture’s partners and the growth in premium within the industry. Venture provides:
- Program Research & Development
- National Program Marketing
- National Agency Distribution
- Specialty Program Underwriting
- Policy Services & Systems Compliance
- Risk Management & Loss Control
- Independent Claims Management
- Finance, Licensing & Administration
For more information on Venture Insurance Programs, please call 800-282-6247 ext 237 or email marketing@ventureprograms.com.
