Tier 1 Insurance Carrier Division Selects Cover-All Business Intelligence Suite

Cover-All (NYSE MKT:COVR), a leading provider of innovative and modern P/C insurance technology solutions announced today that a division of a nationally well-known Tier 1 insurance company has selected Cover-All’s Business Intelligence Suite (BI) software to execute its information strategy. Cover-All will also provide services to implement Cover-All BI products and work directly with the customer during the implementation.

The newest Cover-All BI customer is a rapidly growing division of a Tier 1 carrier with a significant volume of data from various data sources. To meet today’s needs and prepare for future growth with significant competitive advantages; the customer has selected Cover-All BI and related services to execute their information strategy.

Amongst the key considerations for selecting Cover-All BI were its P/C insurance focus, complete end-to-end BI solution, flexibility to extend the product with customer specific unique needs, significant pre-built and proven functionality and speed of implementation.

The customer is expected to receive the following business benefits after a rapid implementation of Cover-All BI solution:
  • Single information platform and distribution of up-to-date information with appropriate details to support information-driven decisions.
  • Improved agency engagement through sharing and collaboration of information including performance and trends.
  • Improved product selections for the customers for generating cross sales.
  • Reduced operating expenses by eliminating significant manual work for information gathering and reconciliation.
  • Identification of insurance capacity gaps to invest in profitable programs.

“We are pleased to welcome our new customer to a growing list of Cover-All customers,” said Manish Shah, president and CEO of Cover-All. “Our self-serve, industry focused and scalable BI solution will allow our customer to realize their business benefits quickly. We are looking forward to working with our new customer in executing their information strategy.”

The Cover-All BI solution revealsbusiness insights through significant pre-built and extendable functionality focused on P/C insurance. Cover-All BI is a complete business intelligence and analytics solution with responsive visualization, self-serve tools targeted for business users and many other features. Cover-All provides a robust state-of-the-art, browser-based family of Policy, Business Intelligence, Claims and Studio solutions designed for P/C Insurance to deliver products to market faster, enhance quality, ensure compliance, and reduce costs through operational efficiencies.

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.

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

Copyright Business Wire 2010

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