Steve Isaac Appointed to Cover-All Board of Directors
April 01 2014 - 8:00AM
Business Wire
Cover-All Technologies Inc. (NYSE MKT:COVR) is pleased to
announce the appointment of a new member to its Board of Directors.
Mr. Steve Isaac has joined the Cover-All Board of Directors
effective March 31, 2014.
“We welcome Steve Isaac to our Board of Directors,” said Manish
Shah, CEO and President, Cover-All. “Steve’s vast experience in P/C
insurance technology and managing several acquisitions will prove a
valuable asset as we continue to explore ways for accelerating the
growth of the company to improve shareholders’ value through means
other than organic growth.”
“I am honored to be named to Cover-All’s board of director,”
said Steve Isaac. “I look forward to contribute my experience and
resources to accelerate Cover-All’s growth.”
Steve Isaac has over 35 years of experience in the insurance and
technology industries (public and private sectors). He has been a
senior executive for three large P/C insurance companies, the chief
operating officer of the Ohio Bureau of Workers Compensation and a
founder of three technology companies. He has led and managed over
twenty acquisitions, mostly in P/C insurance space. He is active
with multiple trade associations and committees dealing with health
care, insurance, fraud, and worker's compensation issues. He
participated in the Jackson Hole Think Tank committee addressing
issues on the proposed National Healthcare Reform. He served on the
Kentucky Assigned Risk Pool Board, Board Member of the PLRB, IAIABC
Director, and was an Arbitrator for the American Insurance
Arbitration Forum. He was appointed under the Clinton
Administration to serve as an industry insurance resource for the
national health care reform effort. He is a graduate of Franklin
University with a Bachelor’s degree in Business and holds numerous
certificates in insurance, insurance law, Harvard Business
Administration MBA program, finance and human resources.
FORWARD-LOOKING STATEMENTS
Statements in this press release, other than statements of
historical information, are forward-looking statements that are
made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. Forward-looking
statements involve known and unknown risks which may cause the
Company’s actual results in future periods to differ materially
from expected results. Those risks include, among others, risks
associated with increased competition, customer decisions, the
successful completion of continuing development of new products,
the successful negotiations, execution and implementation of
anticipated new software contracts, the successful implementation
of our acquisition strategies and our ability to complete or
integrate acquisitions, the successful addition of personnel in the
marketing and technical areas, our ability to complete development
and sell and license our products at prices which result in
sufficient revenues to realize profits and other business factors
beyond the Company’s control. Those and other risks are described
in the Company’s filings with the Securities and Exchange
Commission (“SEC”) over the last 12 months, including but not
limited to the Company’s Annual Report on Form 10-K for the year
ended December 31, 2013, filed with the SEC on March 28, 2014,
copies of which are available from the SEC or may be obtained upon
request from the Company.
ABOUT COVER-ALL TECHNOLOGIES INC.
Cover-All provides property and casualty 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, HI, Cover-All
continues its tradition of developing technology solutions designed
to revolutionize the way property and casualty insurance business
is conducted. Additional information is available online at
www.cover-all.com.
Cover-All®, My Insurance Center™ (MIC) NexGen, Insurance Policy
Database™ (IPD) and PipelineClaims™ are trademarks or registered
trademarks of Cover-All Technologies Inc. All other company and
product names mentioned are trademarks or registered trademarks of
their respective holders.
Cover-All Technologies Inc.Ann Massey, 973-461-5190Chief
Financial Officeramassey@cover-all.com