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Cover-All Technologies, Inc. (COVR) Recognized For Superior Software Solutions And Ongoing Support

|Includes: Cover-All Technologies, Inc. (COVR)

Cover-All Technologies, a Delaware corporation that specializes in creating, implementing, and managing software solutions for use in the property and casualty insurance industry, enjoys continued success. The company has become an industry leader through its continual introduction of the latest in modern insurance technology and by providing effective, efficient, and transformative results. In addition to its renowned software solutions, Cover-All believes in offering a partnership to its customers by providing access to support professionals. Boasting extensive experience in the insurance industry, these experts provide unparalleled customer care and help businesses achieve a sustainable competitive advantage.

In January 2012, the company made headlines when it announced the acquisition of BlueWave Technology, including its innovative insurance claims solution software, PipelineClaims™. The Cover-All/BlueWave browser-based claims administration software solution is being marketed both as a standalone solution, as well as a fully integrated component within Cover-All's existing Policy and Business Intelligence products, offering Cover-All customers a fully integrated, full function business technology platform. This acquisition positions Cover-All to deliver additional value to existing and future customers by expanding its claims capabilities. This comes as an important milestone for Cover-All, allowing for the expansion of solutions to the property and casualty industry.

BlueWave Technology offers a comprehensive claims solution for insurance companies, Third Party Claims Administrators (TPAs), and other insurance entities. Their flagship product, PipelineClaims™, was designed and developed with an in-depth knowledge of the claims process and utilizes the latest technologies to create a flexible, easy-to-use, functionally rich and efficient claims solution.

Cover-All recently announced that its BlueWave Claims management system was profiled in a report evaluating insurance claim systems. The Report was published by Aite, a Boston-based research and advisory firm specializing in financial services. Aite seeks to profile software vendors by providing an objective overview of product information and evaluation based on functionality, organization, technology stack, client base, and delivery models.

"We are very pleased that BlueWave Claims is included in this report," said Manish Shah, president of Cover-All Technologies. "As a part of the Cover-All family of products, BlueWave Claims completes a modern end-to-end solution, including policy and business intelligence (BI). It's great to see BlueWave gain recognition in the marketplace as a viable modern alternative- especially for small to mid-size insurers, who value a vendor partnership. "

Additionally, Cover-All was profiled in a report evaluating workers' compensation insurance core systems, published by Gartner, a Connecticut-based research and consulting firm focused on the global technology industry. Gartner profiles each system with a focus on workers' compensation support utilizing modern development platforms, such as J2EE, service-oriented architecture, and consistent support for core WC functionality.

"We are very pleased that Cover-All's family of products was included in this report," said Manish Shah, president of Cover-All. "While there are many choices out there for workers' compensation insurance systems, few have policy, claims and BI support for workers' compensation, and even fewer have a fully built out NCCI-compliant Workers Compensation insurance product on modern technology, all of which Cover-All offers. At Cover-All we're committed to providing carriers quality, modern, flexible solutions combined with outstanding customer support to enable them to achieve their business objectives."

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