Cover-More Group (CVO) after a muted listing on the ASX has gained attention from a number of high profile boutiques. The stock has surged 20% since mid February with Paradice Investments and BT Investment Management both lodging substantial holdings. So what is the fuss about? Ben Griffiths, Portfolio Manager at Eley Griffiths Group, says he is impressed with the management team and expects good growth in the year ahead. He likes the simplicity of the travel insurance only model, that allows Cover-More to offer best in breed service to their clients. The Company has long term product distribution agreements with companies such as Flight Centre which should help to underpin earnings growth for the medium term. The stock is currently trading on a 21 times PE multiple with near term growth forecast at 16%. Griffiths says the small cap boutiques have used the liquidity post IPO to get themselves set.