|[January 09, 2012]
SECURA goes live with Cover-All's My Insurance Center NexGen
FAIRFIELD, N.J. --(Business Wire)--
Cover-All Technologies Inc. (NYSE-Amex: COVR), a Delaware corporation,
today announced that Wisconsin-based property and casualty carrier
SECURA Insurance went live with My Insurance Center (MIC) NexGen for its
Workers' Compensation business. This is a significant milestone along
the company's strategic path to modernizing its system and continuing to
be the carrier of choice for its valuable independent agency partners.
Leveraging features broadly available across all MIC NexGen products,
NexGen Workers Comp delivers a host of business capabilities designed to
streamline the submission, rating and underwriting processes with
intuitive data capture, automated underwriting, real-time issuance and
web services with internal and third party solutions. To facilitate
straight-through-processing, MIC leverages Web 2.0 technology to enable
just-in-time data capture and in-process connectivity to predictive
analytics to influence real-time pricing decisions.
"SECURA is excited about the rich functionality that My Insurance Center
NexGen has developed. In addition to the significantly improved user
interface, SECURA is making strong utilization of NexGen's business
rules to improve workflow efficiencies and provide support to our
underwriting discipline," commented Jeff Bemis, SECURA's CIO."
Mr. Bemis continued, "SECURA's project team artnered with the Cover-All
implementation team to ensure that this challenging project was a joint
effort. We are pleased that our strong internal team was matched with
Coverall's experienced staff to deliver great technology for our
company's Workers' Compensation product."
Cover-All President and CTO, Manish Shah explained, "It is very
gratifying to see another customer leveraging the NexGen product set to
distinguish themselves in the market. We've made significant investments
into the total redesign of these products and the overall MIC platform,
an investment that is now paying dividends as our customers start to
realize the benefits of their investment in us."
My Insurance Center features off-the-shelf Commercial products
including, Commercial Auto, Commercial Package, Business Owners' Policy,
and Workers' Compensation. Their Custom Product Framework facilitates
the development of specialty lines in as little as 30 days.
SECURA is currently implementing additional NexGen Lines of Business,
which includes Commercial Property, General Liability, Crime and
Fidelity, Inland Marine, Commercial Auto, and Specialty Lines.
About Cover-All Technologies Inc.
Cover-All Technologies Inc., since 1981, has been a leader in developing
sophisticated software solutions for the property and casualty insurance
industry. With My Insurance Center, a 100% web-based platform, Cover-All
is building on its reputation for quality insurance solutions,
knowledgeable people and outstanding customer service by creating new
and innovative insurance solutions that leverage the latest technologies
and bring our customers outstanding capabilities and business results.
Pairing state-of-the-art functionality of My Insurance Center with
experienced service professionals, who after implementation ensure
continued compliance with statutory, regulatory, and market
differentiation needs, Cover-All continues its tradition of innovating
technology solutions to revolutionize the way the property and casualty
insurance business is conducted.
Additional information is available online at www.cover-all.com.
Cover-All®, My Insurance Center™ (MIC) and Insurance Policy Database™
(IPD) 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.
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