A Policy of Completeness

NavRisk Policy combines rich content with rules-based technologies, business process management, and flexible workflows. It provides a full set of features such as reporting, loss control, flexible rating, diaries, and a configurable contact management module. It automates labor-intensive underwriting processes, streamlines access to information, and delivers information to executives, underwriters, and agents. It tracks all lines of business for all states and automates processing functions that include rating and allocation, certificates, quoting, invoicing, reporting, renewals, and more. And its user interface provides intuitive flexibility and easy access to data and tools.

NavRisk Policy integrates with NavRisk Claims and other in-house and/or third-party systems, as well as with Microsoft productivity tools such as Excel, Access, and Outlook. And it provides all of these features:

• Policy Management
  • Premium Generation and Allocation for all lines of business
  • Underwriting Judgment Factors
  • Configurable and Ratable Underwriting Questions
  • Configurable Rating and Rate Packages
  • “What-if” Rating Analysis
  • Insured Asset Tracking and Management
  • Current and Historical Data Management
  • Document Management
  • Automated Renewal Processing
  • Interim Changes and Transaction Log for Audit Tracking
  • Endorsements
  • Integrated Claims Data Management
  • Automated Calculation of Ex-Mods
  • Invoicing
  • Excess Policy Management
• Contact Management
  • Complete Contact Data
  • Diary Management
  • Agency and Other Entity Management
  • Agency/ Entity Segmentation
  • Automated Communication
  • Communication Log
  • Email and Fax Integration
  • Complete Application Security
  • Integration with Outlook and other third party applications
• Reporting
  • Policy Documents
  • Declarations
  • Allocation Schedules
  • Endorsement Schedules
  • Certificates
  • Loss Runs & Loss Ratio Reports
  • Ex-Mod Worksheets
  • Ad Hoc Reporting
  • Advanced Analytics
  • Export Module
  • Report Designer
• Policy Quoting and Renewal
  • Mid-Year Policy Changes
  • Member and Agent Contact
  • Loss Control Tools and Risk Management
  • Claims View and Analysis
  • On-demand Reports and Schedules
  • Scheduled Exposures
  • Process Automation and Workflow Tools
  • Comprehensive Data and Transaction Security