RMIS Solutions NAVRISK Risk Management Insurance Software

NAVRISK Policy: An End-to-End Policy Administration System

DAVID Corp’s NAVRISK Policy changed the rules for modern Policy Administration Systems. Originally developed to support property, auto, general liability and workers’ compensation, it has expanded significantly to support Specialty Insurance Lines and has over 200 lines of coverage currently in production. NAVRISK Policy provides an intuitive end-to-end policy administration platform with a full set of features such as reporting, loss control, flexible rating, diaries, contact management, and a fully configurable web Member/Agent Portal. It automates labor-intensive underwriting processes, streamlines access to information, and delivers information to executives, underwriters, and agents. It tracks all lines of business for all states and automates processing functions that include rating and allocation, certificates, quoting, invoicing, reporting, renewals, endorsements and more. And its user interface provides intuitive flexibility and easy access to data and tools.

NAVRISK Policy supports workflow that streamlines the complete policy administration process from quoting to policy issuance. The Portal offers a secure, self-service platform allowing real-time policy transactions via the web 24/7/365.  Configurable to each organizations' unique needs, it provides quote generation, new policy issuance, changes to existing policies and eliminates manual data entry and duplication of efforts to reduce overall costs and improve service to agents and members. NAVRISK Policy integrates with NAVRISK ClaimsNAVRISK Analytics and other in-house and/or third-party systems, providing a full-fledged insurance software solution.

Features and Functions of NAVRISK Policy include:

    • Premium Generation and Allocation for all lines of business
    • Premium Audits
    • Configurable Underwriting Questions, Rating and Rate Packages
    • Policy Quoting and Renewal
    • Mid-Year Policy Changes
    • Insured Asset Tracking
    • Current and Historical Data Management
    • Endorsements; Allocation and Endorsement Schedules
    • Automated Calculation of Ex-Mods
    • Invoicing
    • Excess Policy Management
    • Agency Management
    • Declarations, Certificates, Loss Runs, and Ex-Mod Worksheets
    • On-demand Reports and Schedules, Ad Hoc Reporting and Advanced Analytics
    • Diary Management
    • Process Automation and Workflow Tools
    • Integration with third party applications

Member/Agent Portal Features:

    • New business, renewal and endorsement quotes and proposals
    • Manage all Member and Agent Contact info
    • Easy navigation through all underwriting information
    • Manage and upload documents, including exposures
    • Access to reports – Produce Schedules and Certificates
    • Customizable proposal questionnaires
    • User inbox to view pending tasks
    • Proposal and Policy activity history reporting
200 Pine Street, 2nd Floor, San Francisco, CA 94104 1.800.553.2843 info@ davidcorp.com

Insurance Risk Management Information Systems

DAVID Corporation provides Insurance Risk Management (RMIS) technology via our industry-leading NAVRISK® Risk Management Information Systems to workers’ compensation, risk management and insurance professionals.

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