Property and casualty insurer Allied World US has chosen an assortment of Cover-All technologies to boost its standard and specialty commercial lines operations, including rating, quoting, underwriting, and policy lifecycle management.
The technology suite includes Cover-All Policy, Cover-All Commercial Auto, Cover-All General Liability, Cover-All Dev Studio and Cover-All Test Studio.
Under the terms of the agreement, Allied World US, a subsidiary of Swiss specialty insurance and reinsurance company, Allied World Company Holdings (AWH), will use Cover-All services for implementation of these technologies.
Cover-All said that the insurer was looking for a technology platform to realize efficiencies of out-of-the-box bureau products with a comprehensive policy administration platform, while still providing capabilities to implement deviations in house and developing custom specialty lines.
Cover-All Policy and Studio products’ capabilities will enable the underwriter to enhance speed to market and support its business objectives by launching products to market faster and more efficiently for their insureds and brokers.
Allied World Assurance Company Holdings, through its subsidiaries offers an array of property, casualty and specialty insurance and reinsurance products and services.