Cover-All Introduces Dev Studio for Product Design and Lifecycle Management

Dev Studio's intuitive design coupled with robust features allows business and technical users to design, build, and maintain products

Morristown, New Jersey, December 19, 2013 – Cover-All (NYSE MKT: COVR), a Delaware corporation today introduced Cover-All Dev Studio, a ground-breaking insurance product design and lifecycle management platform. Insurance carriers can leverage Dev Studio for product design and detailed specifications or use it in conjunction with Cover-All Policy to translate product definitions into a fully-functional system. Cover-All Client Services teams are already using Dev Studio to provide implementation services to our customers. Four current Cover-All Policy customers have already licensed Dev Studio.

Cover-All Dev Studio enables insurance companies to react quickly to market opportunities by helping to deliver innovative new insurance products for competitive advantage and profitability. In Dev Studio, carrier-specific product configurations are maintained in a separate presentation layer, making it easy to receive, adopt, and modify bureau updates without impacting custom configurations. This makes it easy to deploy changes to existing insurance products or new insurance products with less work in less time. Product analysts and managers no longer need to be proficient with the inner workings of rating and policy administration, allowing them to focus solely on product innovation, development, design, and prototyping to accelerate the launch of new products, modify existing products, and, most important, enhance the end-user experience.

With Cover-All Dev Studio, customers will be able to:

• Manage the full product development lifecycle quickly and efficiently from inception to deployment
• Configure all aspects of products such as screens designs, navigations, rules, rates, forms attachment, form & document templates with data mapping, surcharges, taxes & fees, bureau adoptions, rating plans, rating algorithms, stat coding and more
• Utilize a 100% web-based, all-in-one solution for managing the full product development lifecycle
• Maintain deviations to bureau products even when accepting bureau updates from Cover-All Bureau Update Services
• Engage business or IT analysts to make rapid changes through its visual drag-and-drop user interface and automated scripting
• Leverage IDE capabilities for to build, package, and remotely deploy product configurations

"We are excited to add Dev Studio to our Cover-All Studio products family," said Shailesh Mehrotra, SVP of Product Management and Technology at Cover-All. "Product lifecycle management is a key part of our customers' business. Dev Studio will enable our customers to deliver insurance products with high velocity to respond to market shifts, suddenly emerging opportunities and continual innovation cycles. The self-serve intuitive user interface combined with powerful configuration abilities provide our customers with the option to configure and maintain their products themselves or employ our experienced services team to do so as best suits their business."

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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 http://www.cover-all.com/news/cover-all-introduces-dev-studio/www.cover-all.com.

For information about Cover-All:
Renata Bell
Director of Marketing
(808) 675-2101
mailto:[email protected]