XL Group Selects Cover-All Technologies Inc. for Enterprise Business Intelligence

Cover-All Technologies Inc. (NYSE-Amex: COVR), a Delaware corporation, today announced that XL Group (NYSE: XL), a leading provider of global insurance and reinsurance coverage, has purchased select features of Cover-All’s NexGen Business Intelligence Solution and consulting services to support enterprise Business Intelligence.

XL’s Enterprise Business Intelligence initiative is chartered to deliver insights using information across its diverse business units world-wide – in an aggressive timeframe. XL sought a partnership with a provider who has readily available, comprehensive, yet flexible insurance-focused solutions to accelerate their initiative. After a thorough evaluation of solutions in the market, XL chose Cover-All for its insurance-rich features and experienced staff.

“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. Given Cover-All’s experience working with other global insurance carriers, they were well positioned to provide support for XL’s complex demands,” commented Kurt Schulenburg, VP IT Strategy at XL.

“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,” commented 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,” commented Said Taiym, XL’s VP-IT Strategy – Enterprise Management Information.

“The NexGen Business Intelligence Solution is a culmination of our experiences working in the global insurance industry, combined with the most advanced design principals in the Business Intelligence,” commented Manish Shah, President and CTO of Cover-All. “As a result of that experience, we’ve built a broad and diverse solution capable of supporting various business areas such as underwriting, claims, reinsurance, financials, distribution, etc. Complementing that breadth is support for a variety of insurance markets such as commercial, personal, specialty, Lloyds and other international markets. Further, our design features a scalable architecture to support the heavy processing demands of very data intensive organizations. “

Mr. Shah continued, “We are delighted to have an opportunity to partner with XL, as they continue to expand their technology and analytics capabilities..”

About Cover-All Technologies Inc.

Cover-All Technologies Inc. is a leader in developing sophisticated software solutions for the property and casualty insurance industry. With our industry leading Business Acquisition Platform – My Insurance Center, and the recently announced Business Intelligence Solution Cover-All continues to expand its growing inventory of business focused, advanced technology solutions. The “New” Cover-all continues to innovate while leveraging its reputation for quality insurance solutions, knowledgeable people and outstanding customer service to enable our customers to achieve superior business results.

Pairing state-of-the-art functionality of My Insurance Center NexGen & the NexGen Business Intelligence Suite with experienced service professionals, who after implementation ensure continued compliance with statutory, regulatory, and market differentiation needs, Cover-All continues its tradition of innovating technology solutions to revolutionize the way the property and casualty insurance business is conducted.

Additional information is available online at www.cover-all.com.

Cover-All®, My Insurance Center™ (MIC) and Insurance Policy Database™ (IPD) are trademarks or registered trademarks of Cover-All Technologies Inc. All other company and product names mentioned are trademarks or registered trademarks of their respective holders.

About XL Group plc

XL Group plc, through its subsidiaries, is a global insurance and reinsurance company providing property, casualty and specialty products to industrial, commercial and professional firms, insurance companies and other enterprises throughout the world. XL is the company clients look to for answers to their most complex risks and to help move their world forward. To learn more, visit www.xlgroup.com

Forward-looking Statements

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 which 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, the successful completion of continuing development of new products, the successful negotiations, execution and implementation of anticipated new software contracts, the successful addition of personnel in the marketing and technical areas, our ability to complete development and sell and license our products at prices which result in sufficient revenues to realize profits 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, including but not limited to the Company’s Annual Report on Form 10-K for the year ended December 31, 2010, filed with the SEC on March 24, 2011, and Post-Effective Amendment No. 1 to Form S-1 (File No. 333-156397) filed with the SEC on May 10, 2011, copies of which are available from the SEC or may be obtained upon request from the Company.