NavRisk brings all data into a single environment, with advanced business rules and workflow management tools, providing support for:

• Captive, Member, Agency, Carrier Management
• Loss Calculations
  • Historical Loss data (capped/uncapped)
  • Large Loss data
• Proforma Calculations
  • Renewal Proforma process
  • Audit Factor calculations
  • Interim Proforma calculations
  • Audit Proforma calculations
• Premium Adjustments
  • Cash flow deferrals
  • Loss Ratio Credits
  • Loss Experience Charges
  • Tracking CRD/LRC Balances and Activities
• Letters of Credit
• Invoicing
• Wire Transfer Processes
  • Member Premiums
  • Additional Loss Funding
• Premium Reconciliation
  • Proforma (Initial and Audit) Information
  • Cash Collected/Transferred
  • Closeout Reconciliation
  • Cashflow and Loss Ratio Credits Information
  • IBNR Process
  • Occurrence Process
  • Financial Reporting