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Cover-All and Universal Insurance Announce Successful Implementation of Insurance Policy Databaseä
For Universal, A Critical Extension Of Operational Capabilities!
Conversion of approximately 80,000 policies and more than 200,000 transactions, some dating back more than 10 years, was accomplished at Cover-All’s headquarters in Fair Lawn, New Jersey. Cover-All representatives then traveled to San Juan where actual installation and training were completed in less than a week. Mr. Antonio Ortiz, President of Universal and a strong proponent of maximizing the use of technology in support of key informational and operational objectives, was elated. Mr. Ortiz remarked that the installation of IPD enables them to take their next major step, the consolidation of data from multiple sources into IPD. Once this is completed, IPD will become pivotal in satisfying the informational appetite of the company.
“Our enthusiasm over the exceptional capabilities, flexibility and functionality of IPD has been proven with this implementation,” stated Mr. John Roblin, Chairman and CEO of Cover-All. “Universal provided the greatest test yet for IPD and it came through with flying colors. Delivering value to our customers is important to Cover-All. The quality of the conversion and the design of IPD are examples of how we can build for the future while leveraging the past. And clearly, the ease with which we are now able to install our new products more than justifies our hard work and the investment we have made in them.”
About Insurance Policy Database (IPD)
IPD is designed for ease of reporting and interfacing to other insurance systems. It can reside in any standard ODBC-compliant database and incorporates data from all of Cover-All’s Rate & Issuance products. A data presentation layer facilitates ad-hoc reporting. Standard report writers can be used with IPD and other company data for comprehensive business analysis. New reports can be created easily and quickly.
IPD offers new capabilities such as uploading and downloading data from our Rate & Issuance Solution utilizing standard formats like ACORDä XML.
About Universal Insurance Group
Universal Insurance Company, a leading property and casualty insurance organization in Puerto Rico has been conducting business on the island for more than 25 years. In 1992, they became part of the prestigious Universal Group. Since then, this dynamic organization has labored continuously to create new coverages, personal and commercial, to ensure customers are well protected. Universal actively pursues the opportunities provided by leading technologies and systems to ensure quality and total satisfaction of its customer base. Market leadership has been the result of an unrelenting passion for superior service, development of new insurance products and continuous innovation.
About Cover-All Technologies Inc.
Cover-All Technologies Inc., since 1981, has been a leader in developing sophisticated solutions for the property and casualty insurance market – the first to deliver and maintain standard commercial rating and issuance software products. Cover-All continues to expand its insurance solutions while providing superior service levels to the industry.
With our extensive insurance knowledge, our experience and our commitment to quality, Cover-All continues its tradition of developing technology solutions designed to revolutionize the way the property and casualty insurance business is conducted.
Additional information is available online at www.cover-all.com.
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