XL Group (Hamilton, Bermuda) has purchased select features of Cover-All Technologies (Fairfield, N.J.) NexGen Business Intelligence Solution and consulting services to support enterprise business intelligence (BI).
According to a vendor statement, XL sought a partnership with a provider with readily available, comprehensive, yet flexible insurance-focused solutions to accelerate the insurer's initiative, which is chartered to deliver insights using information across its diverse business units world-wide, in an aggressive timeframe.
"As a global company with extremely diverse business needs, it is important to XL that our chosen partners have not only proven technology, but also depth and breadth of industry knowledge," comments Kurt Schulenburg, VP IT Strategy, XL. "Given Cover-All's experience working with other global insurance carriers, they were well positioned to provide support for XL's complex demands."
"While evaluating the Cover-All Business Intelligence solutions, we quickly realized they offer a flexible solution designed to address the complex needs of a global insurance carrier," says XL's Lance Raffa, VP, IT, Strategy-Data Warehousing.
"We can greatly accelerate the most complex aspects of our current BI program and begin reaping business value as early as this year by leveraging Cover-All's solutions," adds Said Taiym, VP, IT Strategy, Enterprise Management Information.
Anthony O'Donnell has covered technology in the insurance industry since 2000, when he joined the editorial staff of Insurance & Technology. As an editor and reporter for I&T and the InformationWeek Financial Services of TechWeb he has written on all areas of information ... View Full Bio