Cover-All Gets $2 Million Employers Re Deal
As part of the agreement, Employers Re has committed to service support and development activity for the Cover-All Classic rating system as well as licensed an evaluation license for Cover-All's Total Administrative System's (TAS2000) Policy Administration, Client Management, and Agency Management modules.
"With the initial success of the Cover-All Classic product, combined with the state-of-the-art TAS2000 technology, Cover-All can provide us with the kind of solutions for the immediate and long term needs of ERC," says Phil Hargrove, vice president, Information Technology at Employers Reinsurance Corporation. "This agreement underscores our commitment to aggressively pursue solutions that will benefit our MGA distribution network with improved automation, lower operating costs, and the ability to electronically share information."
TAS2000 will be evaluated as the strategic solution for the Employers Reinsurance Corporation's MGA force. TAS2000 is a multi-modular Total Administrative System for the processing needs of an insurance carrier. The system is object oriented and runs in a client-server environment utilizing relational database technology. It employs a fully Windows compliant Graphical User Interface (GUI) for optimal user-friendliness and helps promote the effortless integration of future add-on applications.
Peter Lynch, president of Cover-All, adds, "We are very pleased to have an established, reputable company like Employers Reinsurance Corporation demonstrate their confidence in Cover-All by contracting for additional products and services. We are fully committed to a long relationship of providing software solutions to meet ERC's business objectives."
Cover-All Technologies Inc. provides policy and premium software and services to the property and casualty insurance industry. Cover-All is based in Fair Lawn, NJ.