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Cover-All Technologies Inc. (NYSE-Amex: COVR), a Delaware corporation, announced today that its business intelligence (BI) solution for property/casualty insurance companies,
NexGen Business Intelligence, was recently included in a report profiling insurance BI solutions published by
Novarica, a research and advisory firm focused on insurance technology strategy. The Novarica report, “Business Intelligence Solutions for US Insurers 2012 (Q1),” profiles 19 vendors with BI solutions available today, and describes the growing importance of BI, as well as key areas of use by property/casualty insurance companies.
“To their credit, many insurers recognize that leveraging their internal data is the key to improving their business and are investing accordingly,” said Martina Conlon, principal for Novarica’s insurance team and author of the report. “Business intelligence (BI) provides historical, current, and predictive views of business operations by using data to analyze information, make decisions, and manage performance.”
Cover-All Technologies’ profile specifically notes NexGen Business Intelligence’s “…over 150 measures that can be sliced and diced using over 90 dimensions…” and notes that six US insurers are currently live on the solution.
"We are very pleased to be featured in Novarica’s report, and believe this is an important step in sharing the benefits of our comprehensive insurance-specific BI solution with the industry including such features as prebuilt key performance indicators and drill down capabilities,” said Manish Shah, president and CTO for Cover-All Technologies. “Cover-All’s Business Intelligence was created to provide a proven, scalable, modern and transformative solution for organizations looking to unlock and leverage the value of their information.”
Additional information is available online at www.cover-all.com.
About Cover-All Technologies Inc.
Cover-All Technologies Inc., since 1981, has been a leader in developing sophisticated software solutions for the property and casualty insurance industry – first to deliver PC-based commercial insurance rating and policy issuance software. Currently, Cover-All is building on its reputation for quality insurance solutions, knowledgeable people and outstanding customer service by creating new and innovative insurance solutions that leverage the latest technologies and bring our customers outstanding capabilities and value. With our extensive insurance knowledge, our experience and our commitment to quality, Cover-All continues its tradition of developing technology solutions designed to revolutionize the way the property and casualty insurance business is conducted.