Cogitate Enhances DigitalEdge Insurance Platform With Verisk Advisory Loss Costs, Rules, and Forms

Cogitate Technology Solutions, a future-ready P&C insurance technology innovator, has enhanced its DigitalEdge Insurance Platform by becoming a member of the Verisk Strategic Alliances network and integrating rates, rules, and forms from ISO, a Verisk business, into various lines of business. Cogitate’s Platform enables insurance carriers, MGA’s, wholesalers and program managers to distribute their lines of business, either directly to the consumer or through retail agents. This collaboration with Verisk will provide greater speed to market for these insurance distribution players who are now able to license ISO content with these pre-integrated products.

Recommended AI News: Fintech Platform Temenos to Rapidly Expand Digital Payments Portfolio in the Middle East

“Cogitate and Verisk share a deep commitment to transforming insurance workflows and delivering the digital experiences the marketplace demands,” said Barbara Ingraham, Managing Director, Excess & Surplus, Verisk. “We’re thrilled to be working with them to offer the ISO forms, rules, and advisory loss costs that are the bedrock of so many insurance programs through Cogitate’s innovative platform.”

Recommended AI News: DeFiner Announces Latest Investment From SNZ Holding

“Cogitate is very excited about working with Verisk,” said Jacqueline Schaendorf, Co-Founder & Director of Cogitate. “Our strategic alliance with Verisk definitely creates substantial opportunities to really change and improve the insurance buying process, add channel options and digitally connect multiple insurance providers throughout the distribution.”

Cogitate’s DigitalEdge Insurance Platform helps insurance providers throughout the insurance value chain build an omnichannel insurance ecosystem to integrate multiple channels, distribution partners, customers and any third-party services. It modernizes existing processes, simplifies distribution and provides an exceptional experience to channel partners and customers alike.

Recommended AI News: AIA Thailand Partners with Amdocs for Further Enhancing Customer Data Security