Cover-All’s Full Suite of Products, Pre-Configured Solutions and Proven Experience Primary to Strategic Commercial Lines Platform Selection
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, anevaluation 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.”