NavRisk Suite 4.0 represents the latest set of innovative products from David Corporation. The complete suite consists of NavRisk Policy, NavRisk Claims and NavRisk Central.
NavRisk Central is a self-service risk management portal that securely extends policy and claim information to policyholders, agents, providers and other users within the risk management enterprise through an advanced, web-based solution.
NavRisk Policy is a policy administration and underwriting tool to automate the rating, quoting and issuance of policies, while NavRisk Claims offers claims management via a browser for various specialty lines, including workers compensation, auto liability, and professional liability.
According to the company, the product provides organizations with an end-to-end solution for their risk management needs from policy rating and issuance to claim entry and settlement. NavRisk 4.0 is designed specifically to automate and streamline labor-intensive and error-prone tasks associated with claims and policy processing.
Other new features include an intuitive user interface, increased user configuration options through an improved business rules engine and workflow management, advanced reporting and risk analysis for enhanced business intelligence, simplified compliance architecture, sophisticated document and content management capabilities and advanced security configuration tools.
NavRisk 4.0 is available now, with pricing depending on installed options. It can be licensed either as a suite or by individual product.
