Cover-All Technologies Inc. announces the release of the latestaddition to its NexGen products offering—NexGen BOP—which supportsthe full policy lifecycle of ISO's Businessowners Policy (BOP) lineof business.

"Supporting virtually the entire breadth and depth of large andcomplex bureau products, like BOP, by having an 'off the shelf'solution is a key priority for us," said Manish Shah, president ofCover-All. "Our rule of thumb is that if it's in the bureau manual,it's in our product. It's what allows our customers to bring up newlines of business in as few as 90 days."

The addition of BOP complements Cover-All's inventory ofpre-built bureau products (NexGen Products) which already includescommercial property, general liability, inland marine, crime &fidelity, commercial package, commercial auto, and workers'compensation, according to Shah.

The new BOP product includes all coverages, coverage options,rating mechanisms, and policy forms and was created utilizing Cover-All's development tools. In addition, theproduct's design was based on the input of Cover-All's customerbase.

This product utilizes and shares the powerful capabilities ofCover-All's NexGen Policy solution that supports the full policylifecycle, including rate, quote, issuance, out-of-sequenceendorsements, document generation, form attachment and storage,subsequent transactions, and statistical reporting, for all theNexGen products as well as an easy-to-use user interface (UI).

"We believe that in addition to speed of implementation,leveraging the power of Cover-All's NexGen products and NexGenPolicy can make a significant impact on the entire insurancedistribution channel," says Shah. "With tools like import andexport of scheduled locations, drivers, and vehicles, typicallyarduous submissions can be completed in minutes, while tree-stylenavigation, intuitive field names, and descriptions guide usersthrough every step in the process."