New Jersey School Boards Association
Insurance Group Implements DAVID's NAVRISK® Policy
School Boards Insurance Group is live with DAVID's policy administration and underwriting system
SAN FRANCISCO, Calif. - December 15, 2009 - DAVID Corporation, a provider of risk-management software and services, today announced that the New Jersey School Boards Association Insurance Group (NJSBAIG), a non profit school insurance pool, is live with DAVID's NAVRISK Policy. NJSBAIG selected NAVRISK Policy for its ability to centralize rating and quoting capabilities, as well as for its data-management and reporting functionalities.
"When you're trying to manage risk and control losses for hundreds of school districts, your underwriting and policy administration capabilities have to be pretty sophisticated," said Lisa White, NJSBAIG's Underwriting Manager. "NAVRISK Policy allowed us to manage our underwriting processes in house. It gave us the functional sophistication we desired, plus, it provided insured asset tracking and management; current and historical data management; interim changes and transaction logs for audit tracking. Now we can plan better, based on a much clearer picture of our present risks."
"NJSBAIG was challenged with finding a system that could accommodate all of the risk-acceptance and risk-management variables presented by their numerous member school districts," said Alex Aminian, DAVID's President and CEO. "Once all of the rating, quoting, underwriting, binding, and policy-issuance challenges were managed, they also needed to report all of the disparate information from all of the various districts in a manageable, cohesive way. We were delighted to help them discover that NAVRISK Policy was up to all of those tasks."
About DAVID Corporation
DAVID Corporation, a pioneer in the alternative-risk market, has been providing business-improving services and process-automating software for more than a quarter of century. DAVID creates collaborative environments for all stakeholders, accommodating the necessary business rules and workflow. From underwriting to policy renewals, from first notice of claim to final settlement, DAVID works in partnership with its clients to optimize each client's business processes and maximize efficiency and productivity. DAVID Corporation is headquartered in San Francisco, California with offices in Alpharetta, Georgia and Sacramento, California. Contact DAVID at 800-55-DAVID.
Founded in 1983, the New Jersey School Boards Association Insurance Group (NJSBAIG) is a non-profit insurance pool that provides coverage, education and risk management services for New Jersey school districts. NJSBAIG provides General Liability, Boiler & Machinery, Errors & Omissions, Worker's Compensation, Umbrella Liability, WC Self-Funded Accounts, Automobile Liability, Public Official Bonds, Property Damage, Crime, Discounted Appraisal Services, and WC Group Accounts to its member districts.