
Formation and use of domestic captives is growing every year. Captives usually provide highly customized programs, requiring a customized software solution. NavRisk brings all risk relevant data into a single environment, with advanced business rules and workflow management tools, providing support for:
- Full underwriting, rating and policy issuance
- Multi-policy layering
- High deductible and SIR capabilities
- Standard or manuscripted policy forms
- Reinsurance premium allocation and reporting
- Currency exchange calculations
- Collaborative tools for captive managers, brokers and TPAs