(NYSEMKT:COVR), a Delaware corporation, announced today that its claims management system for property/casualty (P/C) insurance companies, BlueWave Claims, was recently profiled in a report evaluating insurance claims systems published by
, a New York-based research and advisory firm specializing in financial services.
The Novarica report, “Novarica Market Navigator™ US Property / Casualty Claims Solutions 2013 (Q3)”, profiled solutions from vendors with claims systems available today. The software vendor profiles in the report each include an objective overview of key functionality, organization, technology stack, client base, and implementation timeframes and costs. In addition to these common profile features, BlueWave’s profile reports “BlueWave Claims is a solution that combines core claims administration capabilities with business process management (BPM) and configurable business rules. It is intuitive, user-friendly, and is supported on a browser-based interface.”
In today’s competitive environment, where retention is a critical imperative for carriers, claims handling is a major source of competitive advantage for property/casualty companies,” said Karlyn Carnahan, principal for Novarica’s insurance team and author of the report. “Claims management continues to be an area for strategic innovation as technology allows carriers to increase efficiencies, deliver a better customer experience and glean new insights through easier access to data.”
"We are pleased that BlueWave Claims is included in this report,” said Manish Shah, president and CEO of Cover-All. "Designed from an adjuster viewpoint with modern technology and intuitive navigation, BlueWave Claims makes a perfect complement to the Cover-All family of products, including policy and business intelligence.”
About Cover-All Technologies
Cover-All provides P/C insurance professionals a robust state-of-the-art, browser-based family of Policy, Business Intelligence, and Claims solutions designed to deliver products to market faster, enhance quality, ensure compliance, and reduce costs. With offices in Morristown, NJ, Manhattan and Honolulu, Cover-All continues its tradition of developing technology solutions designed to revolutionize the way P/C insurance business is conducted.