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  • Cover-All Technologies, Inc. (COVR) Products Suite Selected By Tier-1 Multinational Insurance Carrier 0 comments
    Apr 3, 2013 2:43 PM | about stocks: CRVYF

    Cover-All Technologies has announced that a tier-one multinational insurer has chosen its Cover-All Policy and Studio Products as an enterprise platform to handle the insurer's strategic commercial lines business for their operations in the United States. The company will utilize Cover-All's suite of products as its singular policy platform for products and operations, including rating, quoting, underwriting, policy administration, document generation/management and distribution - simultaneously improving marketplace responsiveness, productivity, and independent agent collaboration.

    The new customer will leverage Cover-All's prebuilt bureau products and also custom products on the comprehensive Cover-All Policy product. Additionally, the customer will employ Cover-All Test Studio for automated testing, as well as utilize Cover-All Dev Studio, which is Cover-All's rules and tools resource for self-configurability of insurance products.

    The customer undertook an evaluation process prior to this selection and announcement, including a proof-of-concept (PoC). During the PoC, Cover-All supplied the products in less than a week, demonstrating the out-of-the-box capabilities inherent to its products.

    Cover-All's products will help this newest customer quickly realize efficiencies and further grow its business, and the forthcoming Dev Studio will provide the customer with an option for simple self-configuration through ready access to rules and tools.

    "We are honored to have been selected by this large multinational company as their strategic commercial lines policy platform for the U.S. operations," said Cover-All President Manish Shah. "We are looking forward to working with them on growing their commercial lines business."

    Additional information is available at www.cover-all.com

    Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html

    Stocks: CRVYF
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