About DAVID Corporation
DAVID Corporation specializes in risk and policy management solutions for the alternative risk market. We serve public entity risk pools, third party administrators (TPAs), self-insured companies and other organizations managing property and casualty risk. Founded in 1984, we help organizations run their insurance businesses more efficiently, focusing on risk reduction and client retention. Since no two clients are exactly alike, our NAVRISK VISION software adapts to each client’s needs. It was developed, in close collaboration with clients, to integrate business processes from policy inception to final claim settlement.
We are nimble, offering quicker time to market at lower price points than other P&C insurance software providers because this is all we do. Our software and services are delivered by a staff with extensive policy management and insurance industry experience. DAVID believes that the client always comes first. We know our clients not just by name, but by face and have great, long-term relationships with them.
Our NAVRISK VISION Suite is a full-service risk and policy management solution that many leading insurance professionals use to dramatically reduce their costs, cut administrative costs in half and recognize six-figure operational savings through automated workflow, a sophisticated business rules engine and integrated core systems. NAVRISK VISION has been praised by the International Risk Management Institute, in Celent’s Policy Administration Report and other authorities.
Client Success Stories
The Power of Integrated Core Insurance Solutions
“With the integrated NAVRISK suite, we have improved our capabilities and efficiency and can now focus our efforts on providing the services that deliver the most value to our members and the board.”
CEO, Major CA Pool Authority
Long Term Relationship; Modern Workers’ Comp Software
“We formed a relationship with DAVID Corporation 9 years ago when we changed to a self-administered workers’ compensation system. We chose their windows-based Renaissance claims system, which we still use today. As time went on, we recognized the need to provide more and more data over the web to our various departments and partners. NAVRISK Claims provides the state of the art web technology that we required, and with the increased functionality available through the Business Rules Engine and configurable reporting, we anticipate more efficient handling of claims and a reduction in associated costs.”
Claims Manager, Major Gas Utility Company
NAVRISK Provides Visibility into Business; Reduces Claims
“Our experience with DAVID’s staff throughout our NAVRISK Policy implementation was very positive, so it seemed only natural that when we sought to replace our existing claims system we would look to DAVID. We selected NAVRISK Claims and Central because we wanted greater integration between the claim and underwriting systems to better analyze our book and develop targeted loss control programs to help reduce claims and improve safety in our members’ worksites and communities.”
Risk Manager, New England based Municipal Pool
Increase Client Retention; Decrease Total Costs
“DAVID has been an important business partner throughout our extensive relationship, and we could not have been more pleased when we learned that DAVID was offering a web-based Claims solution to fully integrate with NAVRISK Policy. We are confident that the gains in productivity and efficiency amongst our staff and clients will be tremendous on the NAVRISK integrated platform. Having all of the necessary data at our fingertips through the integrated reporting and analytics will additionally help us increase our client services as we are now able to more quickly identify problem areas, and immediately implement risk management procedures to ultimately drive down total costs.”
CIO for Broker Agency & Insurance Program Managers Group
Deep Domain Experience
“We chose DAVID Corporation’s NAVRISK Suite specifically because of DAVID’s depth of knowledge in the Alternative Risk Market, as well as their long track record of successful implementations for Pools and Public Entities. We sought an integrated policy and claims administration solution that could handle our more than 50 lines of coverage as well as facilitate collaboration between our staff and our members. Additionally, we wanted to provide our members with self-service access to their information. DAVID’s NAVRISK was the best solution that we found that could accommodate our requirements and help us achieve our objectives for growth within our province.”
CEO, Canadian based Municipal Services Corporation
Insurance and Risk Pooling Expertise
“Everybody we deal with at DAVID Corp has a good frame of reference of the pooling industry. They have an excellent understanding of the Insurance industry as a whole.”
Sr. Vice President and Regional Director, Major Pooling Broker
DAVID Corporation believes in partnering with best-of-breed technology and consulting companies that bring additional value to our clients through complementary products and offerings including management tools, health-related data reporting, document management, predictive analytics and loss control.
If you are interested in learning more about partnership and alliance relationships with DAVID Corporation, please contact firstname.lastname@example.org.
DAVID has relationships with the following organizations:
Hyland Software is the developer of OnBase, an enterprise content management (ECM) and process management software suite. Applications of the suite are used in healthcare, financial institutions, insurance, government, higher education and manufacturing.
What it Does:
OnBase is a single enterprise information platform for managing content, processes and cases. OnBase has transformed thousands of organizations worldwide by empowering them to become more agile, efficient and effective. OnBase provides enterprise content management (ECM), case management, business process management (BPM), records management and capture all on a single database, code base and content repository.
Value-add to DAVID Clients:
NAVRISK-OnBase integration is available as a configurable option that allows a user to pass the claim information to OnBase and view/upload documents to the claims. Clients also have the option to use the OnBase Workflow module to create more complex integration.
Franco Signor is the nation’s recognized leader in Medicare Secondary Payer (MSP) Compliance. We provide innovation and comprehensive MSP compliance solutions that leverage our experience and leading technology platform. Our management team is comprised of individuals who have provided innovative solutions in this complex arena since 2001. At Franco Signor, we understand the individual nature of each client and claim and employ a unique and comprehensive “Four Phase” approach to provide the correct solution every time.
What it Does:
SMART Comply provides business intelligence, dashboards and monitoring of Medicare correspondence for NAVRISK clients to handle MMSEA Section 111 data. This service platform utilizes proprietary business intelligence to manage claim workflows, identify MSP issues, track progress of resolution, and store MSP related correspondence in a safe and secure central repository.
Value-add to DAVID Clients:
The NAVRISK Medicare module facilitates the exchange of claims and Medicare data with Franco Signor. The module is automated to be run on a pre-defined schedule but can also be configured to run on-demand.
HealthTech is a leading supplier of Workers’ Compensation Electronic Data Interchange (EDI) products and services. Our EDI reporting family of products allow filing for any type of business such as a self-insured, carrier, or third party administrator. HealthTech supports the IAIABC Release 1, Release 2 (Iowa), and Release 3 standards and is currently in production in all three releases. Additionally, HealthTech supports state proprietary reporting standards. HealthTech also supports Medical Bill reporting in California, Florida and Texas
What it Does:
HealthTech integrated EDI reporting solution that works with your claim management system to eliminate duplicate entry, provide quality reporting edit checks, and send EDI reports to all EDI jurisdictions. EDI Exchange provides great benefits by avoiding duplicate entry and checking data before it is sent to the jurisdictions.
Value-add to DAVID Clients:
NAVRISK EDI module facilitates the exchange of EDI data with HealthTech. The module can be configured for all states and is automated to run on a pre-defined schedule. It makes it easier to stay in compliance with each state’s regulations for Workers’ Compensation reporting thereby reducing penalties.
DAVID Corporation is active throughout the industry including supporting related member-based professional organizations. DAVID and our staff members are either members or participate in the following organizations: