Business

Software firm Covernet invests in new R&D facility

Pictured at the Armagh Planetarium’s Hypercube to mark the official launch of Discovernet are (from left) Dr Darren Burns (solutions architect), Jim Campbell (chief commercial officer) and Lee Stuart (managing director)

COLERAINE-based software-as-a-service (SaaS) specialist Covernet has launched a new dedicated research and development laboratory called 'Discovernet', which will allow the business to innovate and develop on a global scale, staying one step ahead of the competition.

For the last 25 years Covernet has been helping insurers get to market faster, better and smarter and the business has been evolving and innovating through-out that time.

It is now a leading provider of insurance software solutions that offer unrivalled functionality, built and supported by experts.

Lee Stuart, managing director of Covernet, said: “Discoveries are made by pioneers – that's the ethos. We see ourselves as pioneers in insurance software and recognised that for innovation to remain at the heart of our ethos, we needed to create a dedicated space for it to be nurtured.

“Discovernet is where we generate the conceptual sparks that lead to new innovations, where we work together to create the building blocks of our platform and our industry's future.

He added: “It's a place to make revolutionary ideas happen: a creative environment for our team to collaborate and to invent.”

The creation of the dedicated new facility for Covernet will enable the business to not only improve its service for current customers, but to respond to market demand on a global scale.

Through R&D, Discovernet will offer benefits to clients, both current and new, exploring opportunities through robotic process automation, artificial intelligence, Blockchain and other emerging technologies.

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Business