The Navarik Claims Advantage
With increased regulatory reporting restrictions and tightening credit limits, the longer a claim remains open has a direct impact on your bottom line. Navarik Claims allows negotiators to focus on settlement rather than on administrative tasks. Furthermore, the claims submission and negotiation process mirrors traditional claims processes that occurred by fax, email or by telephone.
- Enables better estimation by having near real time information about possible claims and enhance exposure and risk management.
- Provides a source of information about locations and 3rd parties around the world that enables traders and ship charterers to plan voyages more efficiently – reducing demurrage claims and risk.
- Places particular emphasis on meeting timebars (a date a claim has to be delivered in order to get processed by receivers/suppliers) and deal tracking, enabling a higher degree of confidence in predicted exposure.
Key Points
- Independent third-party
- Navarik Claims is completely secure and confidential
- Navarik Claims is binding on the parties
- Web based - 24/7 system availability
- Streamlined claim submission/negotiation process
