New implementation focuses on customer’s commercial insurance business
Cover-All Technologies said that it has signed a contract with a new customer for the My Insurance Center (MIC) suite of products.
The company said that the multi-year contract will start to generate license revenue in Q4, 2009 and additional license, professional services and maintenance revenue in 2010 and beyond.
With an initial focus on the customer’s commercial insurance business, the new implementation will feature the company’s MIC, a web-based solution that provides real-time management and support for both carriers and agencies.
John Roblin, chairman and CEO of Cover-All, said: “They are a leader in their markets and we look forward to working closely with them. We are also confident that through the use of the My Insurance Center suite of products, they will be able to optimize their business leveraging the flexibility, scalability, usability, and consistency afforded by the product set.
“We have had a strong finish to 2009, due in no small part to the revolutionary capabilities of My Insurance Center and our reputation for delivering on our promises. As we continue to expand our marketing and sales efforts, we are encouraged by the positive response from the marketplace, looking forward to continued growth and success in 2010.”