Cover-All Technologies Inc. : Multinational Selects Cover-All’s My Insurance Center NexGen

The Carrier Will Be the First in Puerto Rico to Leverage the NexGen Platform and NexGen Commercial ISO-Based Products for Full Policy Life Cycle Administration

FAIRFIELD, N.J.-(BUSINESS WIRE)- Cover-All Technologies Inc. (NYSE-Amex: COVR), a Delaware corporation, today announced that Puerto Rico-based carrier, Multinational Insurance Company, will leverage My Insurance Center NexGen for Policy Administration.

Luis Pimentel, President of Multinational commented, "As a new insurance carrier in Puerto Rico, we are committed to providing the highest level of service to our agents and customers. To match that commitment and establish immediate differentiation, we've invested in the most advanced platform available in the market, My Insurance Center NexGen."

Mr. Pimentel continued, "Cover-All has been committed to its customers in Puerto Rico for many years, and as such we are proud to be the first to leverage their latest version of My Insurance Center NexGen, which we believe will help us meet our ambitious business objectives."

With pre-built Commercial ISO-based products, My Insurance Center NexGen delivers a 100% web-based interface to agents, general agents, and carriers, dramatically streamlining and simplifying the quoting, issuance, and servicing processes through its out-of-box straight-thru-processing features.

Miguel Edwards, Senior Vice-President at Cover-All explained, "We have been serving the Property & Casualty market in Puerto Rico for several years and we are gratified that Multinational selected Cover-All to be their strategic partner to establish their presence."

Mr. Edwards continued, "This event also provides us with a very exciting opportunity to demonstrate to the market how far Cover-All has come. As the deployment of My Insurance Center progresses at Multinational, the market will be exposed to a revolutionary set of capabilities and benefits they bring."

About Cover-All Technologies Inc.

Cover-All Technologies Inc., since 1981, has been a leader in developing sophisticated software solutions for the property and casualty insurance industry. With My Insurance Center, a 100% web-based platform, Cover-All is building on its reputation for quality insurance solutions, knowledgeable people and outstanding customer service by creating new and innovative insurance solutions that leverage the latest technologies and bring our customers outstanding capabilities and business results.

Pairing state-of-the-art functionality of My Insurance Center with experienced service professionals, who after implementation ensure continued compliance with statutory, regulatory, and market differentiation needs, Cover-All continues its tradition of innovating technology solutions to revolutionize the way the property and casualty insurance business is conducted.

Cover-All®, My Insurance Center™ (MIC) and Insurance Policy Database™ (IPD) are trademarks or registered trademarks of Cover-All Technologies Inc. All other company and product names mentioned are trademarks or registered trademarks of their respective holders.

For information on Cover-All:
Miguel A Edwards, 973-461-5211
SVP, Business Development
[e-mail]

Source: Cover-All Technologies Inc.