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 .
For information on Cover-All, contact:
|Alyssa Hostelley||Ann Massey|
|Executive Vice President, BlueWave Claims||Chief Financial Officer|