Multi-line commercial property and casualty (P&C) insurance company Society Insurance (Society) has selected Cover-All Policy to upgrade its entire policy platform.
Society Insurance’s policy platform comprises rating, quoting, underwriting, policy servicing, document generation/management and distribution, bringing value to their policy holders and expanding agency force.
Society will also implement Cover-All Test Studio for effective and efficient automated testing, and Cover-All Dev Studio.
For self-configurability of insurance products, the company will deploy new rules and tools which is expected for general release during the first quarter of 2013.
Cover-All president Manish Shah said that the Cover-All Policy and Studio products will help Society to grow their vision with technology as a part of strategic modernization initiative.
Offering browser-based family of policy, business intelligence, and claims solutions, Cover-All is designed to deliver products for P&C insurance professionals to market faster, enhance quality, ensure compliance, and reduce costs.