The problem is related to the use of a network drive with your user's own credentials and a need for CoverSwitch which requires higher rights to start Cover.
We offer you two solutions.
1st solution (better); you must contact your IT support to bypass the problem of software started in administrator mode and allow access to your network drive.
2nd solution: You start the CoverSwitch software in administrator mode once to choose the version to use, Cover launches, you immediately close the software, you restart the CoverSwitch without administrator rights and launch the same version of the Cover software!
If in doubt about the last version used, always launch the CoverSwitch software in administrator mode !