Cover-All Policy Profiled in Celent Report as a “Strong Offering”
January 30 2014 - 8:00AM
Business Wire
Leading-edge configuration environment,
strong customer feedback, and ease-of-use among the profile
highlights
Cover-All (NYSE MKT:COVR) announced today that Cover-All Policy,
a complete policy administration system for property and casualty
(P/C) insurance companies including rating, quoting, underwriting,
and policy lifecycle management, was recently featured in a Celent
report evaluating P/C policy administration systems.
Celent’s report examining policy administration systems (PASs)
available to insurers in North America profiled 42 PASs in use for
personal, commercial, and/or specialty lines. The profiles
contained in the report present information about the vendor, the
professional services it offers, product history and customer base,
functionality, and line of business. Each profile summary also
contains analysis of usability, reporting and analytics,
technology, implementation, costs, and a summary Celent view as
well as comments from reference insurers currently using the
solution.
The report noted Cover-All Policy is a strong offering,
highlighting commercial lines, program business, specialty lines,
and personal lines. Additionally, Cover-All’s new configuration
environment, Dev Studio, was described in the report as “an
attractive and very usable environment” referencing Dev Studio’s
“team environment and automated version control,” WYSIWYG screen
configuration environment, and auto generation of rules logic
through flow charting or scripting.
“We are honored to receive a strong review in the Celent report.
We are excited about the recent advances to our configuration tool,
Dev Studio,” said Aaron Herrmann, SVP – Sales & Marketing. “Dev
Studio is an intuitive, functionally-rich web-based product
configuration tool for dramatically reducing the effort to visually
build or maintain insurance products and achieve much sought speed
to market. Our clients have the choice to self-maintain product
updates or take advantage of Cover-All’s full-service model,
creating a unique option for companies who want a single platform
for E&S, personal, and bureau-based commercial lines
products.”
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 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.
Cover-AllRenata Bell, 808-675-2101Director of
Marketingrbell@cover-all.com