ACE Puerto Rico Selects Cover-All Policy for Commercial Lines Underwriting and Rating
New version of Cover-All Policy improves operating efficiency and ease of doing business
HATO REY, Puerto Rico & MORRISTOWN, N.J.--(BUSINESS WIRE)-- ACE Puerto Rico, part of the ACE Group of Companies (NYS: ACE) , and Cover-All Technologies (NYSE MKT:COVR) announced today that ACE Puerto Rico will implement the latest re-architected version of Cover-All Policy to modernize handling of the company's Commercial Auto and Commercial Package (Property, General Liability, Inland Marine and Crime) lines of business, and to further transform their core commercial lines operations including rating, quoting, underwriting, document generation/management and distribution while improving collaboration and productivity.
"Cover-All solutions have stood the test of time, and with their new insurance suite of products, they have taken it to the next level," commented Judith Hernandez, President - ACE Puerto Rico. "We were most impressed with Cover-All Policy's intuitiveness and fully built out, robust functionality. The ease-of-use Cover-All Policy provides will help improve operational efficiencies with internal users as well as agents, reducing training time and increasing productivity."
"Cover-All is delighted to continue to serve ACE Puerto Rico, now with a fully-modern policy administration platform and pre-built bureau products," said Manish Shah, president of Cover-All. "ACE Puerto Rico has been a great partner of Cover-All for many years, and we look forward to helping them achieve their vision through the use of modern technology and first-class customer service."
About ACE Group
ACE Group is one of the world's largest multiline property and casualty insurers and reinsurers. With operations in more than 53 countries, ACE provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. ACE Limited, the parent company of ACE Group, is listed on the New York Stock Exchange (NYS: ACE) and is a component of the S&P 500 index. Additional information can be found at: www.acegroup.com.
About Cover-All Technologies
Cover-All provides P&C insurance professionals a robust state-of-the-art, browser-based family of Policy, Business Intelligence, and Claims solutions designed to deliver products to market faster, enhance quality, ensure compliance, and reduce costs. With offices in Fairfield, NJ, Manhattan and Honolulu, Cover-All continues its tradition of developing technology solutions designed to revolutionize the way P&C insurance business is conducted.
Additional information is available online atwww.cover-all.com.
KEYWORDS: United States North America Caribbean Puerto Rico New Jersey
The article ACE Puerto Rico Selects Cover-All Policy for Commercial Lines Underwriting and Rating originally appeared on Fool.com.
Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.