Cover-All Adds New Tier 1 Multinational Insurance Carrier to Growing List of Policy and Studio Products Customers

Morristown, New Jersey, April 2, 2013 – Cover-All (NYSE MKT:COVR), announced today the selection of Cover-All Policy and Studio Products as an enterprise platform by a tier one multinational insurer to handle the company’s strategic commercial lines business for their US Operations. 

Cover-All’s suite of products will function as the company’s singular policy platform for products and operations, including rating, quoting, underwriting, policy administration, document generation/management and distribution, while improving marketplace responsiveness, productivity and independent agent collaboration.

This newest customer will leverage Cover-All’s pre-built bureau products, as well as custom products on the comprehensive Cover-All Policy product. In addition to implementing Cover-All Policy, the company will utilize Cover-All Test Studio for automated testing and Cover-All Dev Studio, Cover-All’s rules and tools offering for self-configurability of insurance products.

Prior to this selection and announcement, an evaluation process was undertaken by the company including a proof-of-concept (PoC). During this PoC, Cover-All provided the products in just under a week, which demonstrated the out-of-the-box capabilities inherent to Cover-All products.

“We are honored to have been selected by this large multinational company as their strategic commercial lines policy platform for their US operations,” said Manish Shah, president of Cover-All. “Our products will help to rapidly realize efficiencies and grow their business even further. Cover-All’s upcoming Dev Studio will give our newest customer the option for easy self-configuration by having rules and tools at their fingertips. We are looking forward to working with them on growing their commercial lines business.”

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.

For information about Cover-All: Alyssa Hostelley EVP Marketing (808) 772-1472 ahostelley@cover-all.com“>ahostelley@cover-all.com


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