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Vermont League of Cities and Towns
Live with DAVID's NavRisk® Policy

Municipal risk pool implements DAVID's policy administration and underwriting system

SAN FRANCISCO, Calif. - January 12, 2010- DAVID Corporation, a leading provider of risk management and insurance software and services, today announced that the Vermont League of Cities and Towns (VLCT), a municipal risk pool serving Vermont's municipalities, is live with DAVID Corporation's NavRisk Policy as the policy administration and underwriting system for their Property and Casualty Intermunicipal Fund (PACIF). VLCT selected NavRisk Policy for its combination of rich content, complete policy lifecycle functionality, user-friendly interface, configurable business-rules engine, and flexible reporting capabilities to administer their workers' compensation, property, auto, and liability coverages.

"DAVID Corporation's extensive experience with municipal risk pools - and excellent recommendations from their other municipal clients - led us to consider NavRisk seriously. We found that DAVID alone could accommodate all of our lines," said Ken Canning, Managing Deputy Director of Risk Management Services at VLCT. "DAVID's seasoned team guided us through the implementation process, and as a result of great communication all around, we were able to go live a month ahead of schedule. The features and capabilities of NavRisk Policy enable us to work much more efficiently, so we can serve our PACIF members more effectively."

VLCT PACIF, the predominant provider of property, casualty, automobile, public officials' liability, crime, and workers' compensation coverage to Vermont municipalities, has approximately 360 members consisting of cities, towns, villages and other municipal entities such as fire districts and solid waste management districts.

"Public entity risk pools require particular levels of service," said Alex Aminian, DAVID's President and CEO. "The fact that they're owned by member municipalities makes it especially important that we know their business and remain responsive to their needs so that in turn, they can continue to provide exceptional service to their members. We are grateful to have earned VLCT's trust to help serve their members."

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 a century. 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 or visit www.davidcorp.com.

About VLCT
Founded in 1967, the Vermont League of Cities and Towns (VLCT) is a nonprofit, nonpartisan organization that serves Vermont's municipal officials and is owned by its member municipal governments. VLCT provides educational workshops and consulting advice for municipal officials so they can deliver excellent service to their citizens; information for the public so it can better understand local government; support for legislation that strengthens local government; and risk management services combining comprehensive insurance coverage with safety and health promotion initiatives to protect all types of municipal assets.

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