AIMS Selects DAVID's NavRisk Claims and NavRisk Central Risk Management Software.SAN FRANCISCO San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden -- Acclamation Insurance Management Services (AIMS) a regional Third Party Administrator (TPA (Transient Program Area) See transient area. TPA - Transient Program Area ) that provides TPA services for Workers' Compensation workers' compensation, payment by employers for some part of the cost of injuries, or in some cases of occupational diseases, received by employees in the course of their work. , General Liability, Auto and Property lines, and DAVID David, in the Bible David, d. c.970 B.C., king of ancient Israel (c.1010–970 B.C.), successor of Saul. The Book of First Samuel introduces him as the youngest of eight sons who is anointed king by Samuel to replace Saul, who had been deemed a failure. Corporation, the original pioneer of risk management solutions on personal computers, today announced that AIMS has selected DAVID Corporation's NavRisk([R]) as their claims management and collaborative portal software Portal Software was founded in 1985 as Portal Information Network, one of the first ISPs in the San Francisco Bay Area. It was founded by John Little. The company offered its own interface through modem access that featured Internet email. solutions. AIMS selected NavRisk Claims for its rich feature set, user-friendly interface, comprehensive out-of-the-box reporting and configurable business rules engine. AIMS also selected NavRisk Central as their collaborative risk management portal to provide better access to information for their clients and service partners. AIMS has operations throughout California, Hawaii, Oregon and Washington and has provided claims administration services to Fortune 500 organizations and public entities since 1973. AIMS works with both self-insured and insured organizations to provide in-house claims adjusting capability, enabling efficient service in an economical manner. In keeping with this philosophy, AIMS sought to replace their existing disparate systems with a single system that not only provides a consolidated platform and increased efficiencies, but also facilitates collaboration between their staff and their clients and provides their clients with on demand access to information. "With increasing regulations and scrutiny of the insurance industry, we are continually challenged to stay ahead of the curve with technology to enhance superior service to our clients. We sought to replace our existing claims systems with a single platform that would provide us the ability to configure See configuration. (software) configure - A program by Richard Stallman to discover properties of the current platform and to set up make to compile and install gcc. Cygnus configure was a similar system developed by K. the system based on each client's specific needs, as well as easily implement rules to account for new reporting mandates and regulations," stated Dominic Russo, President of AIMS. "Equally part of this initiative is to provide our clients and partners with more access to their claims data and additional online avenues in which to collaborate with their Account Manager and Adjusters. Both NavRisk Claims and NavRisk Central met every requirement on our checklist." NavRisk provides AIMS with the ability to: * Configure business rules tailored to each client's specific business practices as well as easily adapt to new state regulations * Enhance customer service through a self-service collaborative portal * Identify potential risks early in the process using powerful reporting and analytic functionality NavRisk Claims and NavRisk Central are part of DAVID Corporation's NavRisk Risk Management Suite, a comprehensive solution which facilitates underwriting Underwriting 1. The process by which investment bankers raise investment capital from investors on behalf of corporations and governments that are issuing securities (both equity and debt). 2. The process of issuing insurance policies. and policy processing, automates administration and management of claims, provides online collaboration between internal and external stakeholders Stakeholders All parties that have an interest, financial or otherwise, in a firm-stockholders, creditors, bondholders, employees, customers, management, the community, and the government. and offers sophisticated loss control and prevention capabilities. The complete suite consists of NavRisk Policy, NavRisk Claims, NavRisk Central and NavRisk Catalyst. "At AIMS, we believe that honesty, integrity, and professionalism are essential components of a successful business relationship. We are pleased to partner with DAVID Corporation based on these core principles, a solid track record of top notch service in the industry, and a state of the art product portfolio that will help us serve our clients better," furthered Dominic Russo. "For 25 years, a critical aspect of our business has been focused on providing software solutions that help TPAs facilitate claims handling, reduce costs and provide exceptional service to their clients, " stated Alex Aminian, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of DAVID Corporation. "We are committed to forging strong partnerships with our clients to provide collaborative solutions that help solve their unique business challenges. AIMS is a long respected TPA, and we are delighted to be their technology partner of choice as they continue to lead and innovate in·no·vate v. in·no·vat·ed, in·no·vat·ing, in·no·vates v.tr. To begin or introduce (something new) for or as if for the first time. v.intr. To begin or introduce something new. in the TPA industry." About DAVID Corporation DAVID Corporation has been serving the Insurance and Risk Management market for 25 years. A pioneer in risk management software solutions, DAVID's solutions create a truly collaborative workspace A collaborative workspace or shared workspace is an inter-connected environment in which all the participants in dispersed locations can access and interact with each other just as inside a single entity. for all stakeholders, designed with specific business rules and workflow in mind. From underwriting to policy renewals, and first notice of claim to final settlement, DAVID works in partnership with our clients to implement a solution designed to leverage each client's unique and innovative business processes. DAVID Corporation is headquartered in San Francisco, California “San Francisco” redirects here. For other uses, see San Francisco (disambiguation). The City and County of San Francisco (EN IPA: [sænfrənˈsɪskoʊ] . Contact DAVID at 800-55-DAVID or visit www.davidcorp.com. |
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