Texas Risk Pool Chooses NavRisk Policy

DAVID Corporation, a provider of Insurance and Risk Management software, announced that the Texas Municipal League Intergovernmental Risk Pool (TMLIRP) has awarded DAVID a contract for NavRisk Policy to automate policy administration and underwriting processes for their Property Coverage Program.

NavRisk Policy combines expertise and understanding of public entity risk pools with both smart client, and web based technologies to deliver a solution on the market that automates labor-intensive processes, streamlines access to information, and integrates and automates delivery of information for underwriters, administrators and brokers. NavRisk Policy automates the complete policy lifecycle including renewal processing, rating, certificates, quoting, invoicing and reporting.

NavRisk Policy is part of the NavRisk Suite, the comprehensive risk management solution from DAVID Corporation which facilitates underwriting and policy processing, automates administration and management of claims, provides online collaboration between internal and external stakeholders and offers sophisticated loss control and prevention capabilities. The complete suite consists of NavRisk Policy, NavRisk Claims, NavRisk Central and NavRisk Catalyst.

“DAVID has focused on providing innovative software solutions to the alternative risk market throughout our 25 years in the industry,” said Alex Aminian, president and CEO of DAVID Corporation. “NavRisk Policy has a tremendous deployment rate in risk pools. Public entity risk pools, such as TMLIRP, are an important segment of our customer profile. We are committed to making them even more successful by providing solutions that help achieve their long-term strategy of providing risk financing and loss prevention programs at the lowest cost to their members."