Press Release
DAVID Corporation Announces NavRisk Catalyst
Web-based solution delivers new level of loss control effectiveness
SAN FRANCISCO, Calif. – September 18, 2007 – DAVID Corporation, an innovative provider of Insurance & Risk Management software, today announced an expansion of the NavRisk product suite to include NavRisk Catalyst, a comprehensive state-of-the-art solution for claims cost reduction in the risk management industry. NavRisk Catalyst employs innovative, industry-leading integration of key policy, exposure, and claims data to deliver a new level of loss control effectiveness. Delivered through advanced analytics, dashboards, and reporting, this unique, intelligence-driven approach provides for continuous loss control improvement in an easy-to-use, efficient, and integrated solution that can be easily deployed by self insured organizations.
Through NavRisk Catalyst, organizations can quickly identify new loss trends, determine where those losses could be pertinent across the entire exposure base, and provide specific exposure and asset information to risk managers for deploying targeted loss control programs.
NavRisk Catalyst is part of the NavRisk product suite, a comprehensive risk management solution which facilitates highly effective underwriting and policy processing, automates administration and management of claims and provides online collaboration between internal and external stakeholders in the Risk Management enterprise. The complete suite consists of NavRisk Policy, NavRisk Claims, NavRisk Central and NavRisk Catalyst.
Serving the Insurance and Risk Management market for over 23 years, NavRisk Catalyst represents the latest offering from DAVID Corporation, and is further evidence of DAVID’s corporate mission to provide the most innovative and collaborative software solutions in the P&C insurance market that improves clients’ profitability, competitiveness and customer satisfaction.
“At DAVID, we believe in designing solutions that provide a holistic view of risk management data, facilitate communication and collaboration among key stakeholders and empower our clients to customize solutions for their unique business processes,” said Alex Aminian, President and CEO of DAVID Corporation. “NavRisk Catalyst is the next logical step in expanding the NavRisk product family which further aligns us with our corporate mission of offering software solutions that help reduce the overall cost of claims.”
About DAVID Corporation
DAVID Corporation has been serving the Insurance and Risk Management market for more than 23 years. A pioneer in risk management software solutions, DAVID uses a solutions-focused, value-driven approach in selling to and servicing clients, with an eye toward reducing risk and controlling costs. DAVID’s solutions create a truly collaborative workspace for all stakeholders, designed with specific business rules and workflow in mind. From underwriting to policy renewals, from first notice of claim to final settlement, DAVID works with you to implement a solution designed to leverage your organization’s unique and innovative business processes. DAVID Corporation is headquartered in San Francisco, California with an office in Sacramento. Contact DAVID at 800-55-DAVID or visit www.davidcorp.com.