Do you ask yourself . . .
Click a question below to reveal the answer
- How can I reduce and even eliminate penalties associated with late payments?
Through its advanced Business Rules Engine, NavRisk Claims eliminates the possibility of penalties by alerting users, supervisors and managers of pre-defined thresholds and payment timeframes based on your state regulations and internal procedures.
- How can I reduce the amount of paperwork involved in my claims operations?
NavRisk enables paperless claims and policy processes by scanning and routing documents electronically throughout your organization thereby reducing costs associated with document storage, reducing manual efforts of retrieving documents from file cabinets, reducing the need for expensive square footage required of storage space and keeping trees in the forests.
- How can I streamline data entry of new claims, preventing the duplication of efforts by my staff and my clients?
With NavRisk Central, our premier Portal technology, claims may be reported electronically, reducing the time spent manually inputting data from paper FROI/FNOL, and eliminating duplicate efforts of reporting new claims.
- How can we gain control over the increasing number of Excel spreadsheets and Access databases that we use to run our policy business today?
NavRisk Policy replaces the usage of disparate data sources (Excel, Access, etc.) with a centralized data management solution that provides for controlled, secure storage as well as real-time access to all policy data. NavRisk Policy eliminates data replication, ensures information accuracy, and provides a historical audit trail of all policy changes. NavRisk provides consolidated views of information at any level – the entire book of business, program, insured, policy, coverage - or drill down to individual exposures.
- How can I streamline policy renewals for my members and staff?
NavRisk Policy streamlines the renewal process by consolidating and managing all policy information, automating the entire underwriting lifecycle, and giving the underwriting team complete control and access to information at their fingertips.
- How can I easily get the needed policy information about a claim or not have redundant data entry?
DAVID Corporation offers an integrated Policy and Claims Administration solution that eliminates the typical import/export of data between these two systems, thus making the current policy and claims data immediately available to users at all times.
- How can I provide better ad-hoc reporting services to my clients and members?
NavRisk Central is a secure point of entry portal into claims and policy data, providing your clients, business partners and employees with ad hoc reporting functionality. NavRisk Central empowers you to customize access to information and applications as well as your productivity tools, based on your role. With NavRisk Central you can provide self-service utilities to both external stakeholders and internal staff.
- My staff spends most of their day taking calls from clients and providers regarding the status of payments, how can I reduce the amount of time my staff spends with these types of inquiries?
With NavRisk Central, service providers and clients may access their claims and payment data via a secure web browser allowing questions to be answered in a quick click, thus saving valuable time on both ends of the spectrum. Security in NavRisk Central is set so that external providers and clients will only see data that applies to their business.
- How can I reduce the spiraling overhead costs of my current software applications?
DAVID Corporation, the price/performance leader in the Risk Management software industry, can host your NavRisk system and maintain and monitor your system including but not limited to, all security updates, application and database upgrades and performance monitoring and fine-tuning. All you need to do is login from anywhere at any time to access your claims and policy data, with no IT overhead to worry about.
- Are seemingly simple tasks such as providing a quote, invoicing, renewing policies, what-if analysis, adding and deleting exposures and producing endorsements extremely time consuming, labor intensive and error prone?
NavRisk Policy is a market-leading policy administration and underwriting solution built from the ground up for alternative risk self-insurance groups. NavRisk enables public entity risk pools, captives, risk retention groups, mutual insurance companies and self-insured to automate policy and underwriting processes, improve the accuracy of information, enhance customer service, and reduce operating costs.
As an end-to-end solution, NavRisk automates the complete policy lifecycle including renewal processing, rating, certificates, quoting, invoicing, reporting and more. NavRisk is the only product to offer a full set of integrated and unique automated features such as ad hoc reporting, loss control, flexible rating, and a contact management and communication module that is easily configurable.
NavRisk software solutions from DAVID Corporation are designed with you in mind. Our expertise in Risk Management and Technology is dedicated to developing state-of-the-art solutions that reduce the overall cost of doing business. We accomplish this by extending your enterprise so that interaction with your trading partners and clients is seamless and on-demand. At DAVID Corporation, we strongly believe in empowering our customers to access their data anytime, anywhere, customizing our solutions to facilitate your specific business processes and workflows, and offering the best customer service and best price-performance in the industry.
For a detailed demonstration of our offerings, please contact us at info@davidcorp.com or call 1-800-55-DAVID.
