Cogitate Technology Solutions (Marietta, Ga.), a provider of distribution-related solutions for the property/casualty industry, announced that it 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 (Jersey City, N.J.) business, into various lines of business. Cogitate’s Platform is designed to enable insurance carriers, MGAs, wholesalers and program managers to distribute their lines of business, either directly to the consumer or through retail agents. The vendor says 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.
“Cogitate and Verisk share a deep commitment to transforming insurance workflows and delivering the digital experiences the marketplace demands,” comments 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.”
“Cogitate is very excited about working with Verisk,” says 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 is designed to help insurance providers throughout the insurance value chain build an omni-channel insurance ecosystem to integrate multiple channels, distribution partners, customers and any third-party services. The platform modernizes existing processes, simplifies distribution and provides an exceptional experience to channel partners and customers alike, according to the vendor.