Monday, May 14, 2012

Cover-All Technologies, Inc. (COVR) NexGen Business Intelligence Solution Featured in Recent Novarica Report

Cover-All Technologies, a Delaware corporation and leading developer of sophisticated software solutions for the property and casualty insurance industry, announced its business intelligence (BI) solution, NexGen Business Intelligence, has been included in a Novarica report profiling insurance BI solutions. Novarica is a research and advisory firm focused on insurance technology strategy. The report, “Business Intelligence Solutions for U.S. Insurers 2012 (Q1),” profiles 19 vendors that currently offer BI solutions. The report describes the growing importance of BI and key areas of use by property/casualty insurance companies.

According to Martina Conlon, principal for Novarica’s insurance team and author of the report, many insurers today are recognizing the value of leveraging their internal data to improve their business, and they are investing accordingly. BI supplies historical, current, and predictive views of business operations by utilizing data to analyze information, make decisions, and manage performance.

The profile of Cover-All Technologies particularly notes NexGen Business Intelligence’s “…over 150 measures that can be sliced and diced using over 90 dimensions” and the fact that six insurers in the United States currently rely on the solution.

Cover-All’s BI was created to offer a proven, scalable, modern, and transformative solution for organizations seeking to unlock and leverage the value of their information. Cover-All Technologies feels that being featured in the Novarica report is a beneficial step in sharing with the industry all the benefits of its comprehensive insurance-specific BI solution, including features like prebuilt key performance indicators and drill down capabilities.

Since 1981, Cover-All Technologies has been a leading developer of sophisticated software solutions for the property and casualty insurance industry. The company was the first to deliver PC-based commercial insurance rating and policy issuance software. Cover-All is presently building on its reputation of offering quality insurance solutions, a knowledgeable staff, and superior customer service by creating new, innovative insurance solutions that leverage current technologies and give customers outstanding capabilities and value. The company continues its tradition of developing technology solutions that revolutionize the way the business of property and casualty insurance is conducted.

For more information, visit www.cover-all.com

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