
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