Cover-All (NYSE MKT: COVR), a Delaware corporation, was recently recognized in a report, “North American Insurance Software Deal Trends 2013,” published by Celent, a Bostonâbased research and advisory firm specializing in financial services.
Celent’s report tracked recent deal trends in the insurance industry, highlighting the major players according to deals signed in 2012. With six policy deals in 2012, Cover-All accounts for the second largest number of policy selections by a single software vendor, garnering 13 percent of the total policy deals reported by 16 policy vendors surveyed across the industry.
"Cover-All has worked hard to achieve a reputation in the industry for having outstanding service, modern technology, successful implementations and ease of upgrades,” said Manish Shah, president of Cover-All. "We believe inclusion in this Celent report reinforces Cover-All as a leading option for insurers looking for a robust, modern policy system, with or without additional suite components, such as claims, billing, business intelligence and studio products.”
Today, the Cover-All suite includes Cover-All Policy, BlueWave Claims and Cover-All Business Intelligence, as well as additional tools that are part of the Cover-All Studio line for Development, Testing and Conversion. The robust functionality and in-depth insurance knowledge inherent to Cover-All’s products have resulted in a number of wins in 2012, including selections by Old Republic General Insurance Corp, ACE Puerto Rico, Universal Insurance Group, an unnamed tier one insurer, Mountain West Farm Bureau, and Triple S Propriedad.