Cover-All Technologies Introduces My Insurance Center.

Business Editors

FAIR LAWN, NJ--(BUSINESS WIRE)--Dec. 18, 2001

Cover-All Technologies Inc., (OTC Bulletin Board - COVR.OB), a leading provider of technology-based solutions for the property and casualty insurance industry, today introduced a major addition to its array of products and services, signaling a clear direction for its development priorities for the months ahead.

My Insurance Center(TM) is a new software offering designed to seamlessly integrate Cover-All's quoting, rating, underwriting, policy print and policy administration software utilizing the latest Internet technology and a customer-centric Oracle(R) database. Its open architecture design also facilitates the development of linkages to other components or systems without expensive conversion.

My Insurance Center(TM) will provide insurance professionals with immediate and customized Internet access to the broad range of information resources and functional capabilities that they need. It will enable insurance companies, brokers and agents to significantly reduce their costs, quickly introduce new products, provide faster/differentiated service and effectively leverage the value of their information assets.

Insurance professionals will interact with My Insurance Center(TM) through a powerful, flexible Internet "portal" that can be customized by them for their individual needs and workstyles. Using the "portal" and the Internet, they will be able to work anywhere, anytime. Underwriters, claims adjusters, agents, brokers, and others critical to the day-to-day business of insurance will have immediate access to the full range of insurance and technology resources. They will be able to call up information resources, initiate applications and process transactions while speaking with customers - all in "real time." This capability will be available with one single sign-on and will include comprehensive state-of-the-art security.

My Insurance Center(TM) links previously disparate systems to eliminate duplicate data entry and the endless searching for paper records that add time and cost to today's insurance processes. Building on the extensive base of

Cover-All products, My Insurance Center(TM) is designed to tie together insurance and administrative systems, and both internal and external data resources without the need for expensive system replacement or major modification.

Maryanne Gallagher, Chief Operating Officer, commented: "My Insurance Center(TM) can do more than just provide access to information. It can also alert individuals when specific events and opportunities occur. For example, an underwriter may want to be advised when policy limits for a line of business exceed predetermined levels. Within My Insurance Center(TM), `alerts' can be set up by each user to poll data sources continuously and advise that user when predefined conditions occur. Such proactive use of technology will enable industry professionals to be better informed so that they can provide better customer service effectively and efficiently."

John Roblin, Chairman and Chief Executive Officer, said: "Our primary objective in developing My Insurance Center(TM) has been to remove costly and non-productive time delays from the day-to-day business of insurance. We wanted to create an environment where our customers could customize their business processes for maximum benefit. We wanted to eliminate redundant data entry while shortening cycle times for the introduction of new products and services. We have listened to our customers and have come up with what we think is a winning approach.

"My Insurance Center(TM) is designed to put the user in charge. Each individual will be able to customize their own Internet "portal" with the information resources and business functionality that they need. Our client-centric approach to organizing information facilitates improved client focus and understanding. These capabilities enable our customers to design their workflows, processes and job structures to better serve their clients, create new value, save time and reduce costs.

"My Insurance Center(TM) is also a "platform" that provides significant capabilities and benefits to customers today. It was also designed to be Cover-All's integrating platform for a broad range of new products and services we expect to announce soon."

Founded in 1984, Cover-All Technologies Inc. is a leading provider of technology-based solutions for policy administration and customer service for the property and casualty insurance industry. Utilizing the latest software technology, the company specializes in providing effective, forward-looking business solutions. Cover-All Technologies Inc. is based in Fair Lawn, New Jersey. More information may be obtained from the Company's Web site at www.cover-all.com.

Statements in this press release, other than statements of historical information are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks that may cause the company's actual results in future periods to differ materially from expected results. Those risks include, among others, risks associated with increased competition, customer decisions, delays in productivity programs and new product introductions, and other business factors beyond the Company's control. Those and other risks are described in the Company's filings with the Securities and Exchange Commission (SEC) over the last 12 months, copies of which are available from the SEC or may be obtained upon request from the Company.