Cover-All Policy Featured in Novarica Specialty Lines Report
July 24 2014 - 8:00AM
Business Wire
Cover-All, (NYSE MKT:COVR) Delaware corporation, was recently
recognized in, “Business and Technology Trends: Specialty Lines
Insurers,” a report published by Novarica, a New York‐based
research and advisory firm specializing in financial services.
Novarica’s report investigated the trends of specialty lines
carriers and their priorities over the past year. Additionally, the
report highlights software selection of policy administration
solutions including Allied World U.S.’s selection of Cover-All
Policy.
Allied World U.S. selected Cover-All Policy, Cover-All Dev
Studio, and Cover-All Test Studio to help expand the company’s
standard and specialty commercial lines operations, including
rating, quoting, underwriting, and policy lifecycle management.
Allied World U.S. will utilize Cover-All services for
implementation of these solutions.
"Cover-All has long been recognized as a leader in providing
rating, issuance, and policy lifecycle management software
solutions to carriers writing standard admitted bureau-based
lines,” said Aaron Herrmann, SVP of Sales and Marketing of
Cover-All, “the inclusion of Cover-All in the Novarica Specialty
Lines report is validation that Cover-All is now also recognized as
a leading solutions provider in Specialty Lines market space.”
“Cover-All’s Studio product suite offers significant advantages
for ease of product configuration and maintenance including a 100%
browser-based team oriented drag-and-drop, no programming
configuration environment, automatic generation of rules via flow
charting, and automated regression testing,” said Shailesh
Mehrotra, SVP, Product Management of Cover-All. “We are pleased
that the Specialty Lines carriers now recognize the significant
advantages of the Cover-All Studio Tools in bringing new products
and changes to market faster, with smaller implementation teams,
translating into greater profits for insurers.”
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.
Media:St. Nick Media ServicesJennifer Overhulse,
859-803-6597jen@stnickmedia.comorCover-All:Renata Bell,
(808)-675-2101Director of Marketingrbell@cover-all.com