There are many good reasons to self-insure your workers' comp and liability programs. But do you have the systems in place to do it right? From high deductibles and self-insured retentions to multi-policy claims and reinsurance, NavRisk helps self-insureds mitigate risk and contain costs by:
- Tracking self-insured and 3rd party policies
- Integrating all policy/certificate data with loss information
- Creating configurable business rules and workflows to automate claims processes
- Offering predictive modeling and risk analytics
- Reporting of FNOL and FROI online
- Complying with state and federal regulations and reporting, including new CMS regulations
NavRisk automates claims management and reporting to simplify processing while providing instant access to the data you need to make informed decisions.
Our first software product was created for Self-Insured organizations nearly three decades ago, and since then we have developed innovative products that help Self-Insureds continue to manage their risks and claims processing. With NavRisk, our clients have been able to significantly reduce their cost per claim and cut administrative costs in half to recognize tremendous operational savings.
