Cogitate Technology Solution, a U.S.-based insurtech, recently announced its as extended its partnership with global data analytics provider Verisk to enhance its insurance platform. Cogitate reported that through the partnership it will source and integrate commercial lines data from Verisk into Cogitate’s flagship solution DigitalEdge.
Founded in 2012, Cogitate was created with a vision to be a leading provider of innovative and transformative digital technology products for the insurance industry.
“Since our inception, we have successfully developed and implemented several highly advanced digital technology products to serve various segments of the insurance distribution value chain. Our customers include insurance carriers, MGAs & wholesale insurance brokers and independent retail agents. Cogitate also develops products for agency management system solution providers.”
Cogitate then stated that the integration with Verisk will allow the insurtech’s clients to access Verisk’s solutions, data, and analytics to help them increase automation, boost efficiency, and accelerate their digital transformation. The company added:
“This expansion signifies an unrivalled adaptable API opening for insurers, MGAs, and Wholesalers. With predictive analytics and decision-support solutions, the user experience meets the rapid technological change in insurance as well as enabling a digital foundation for the future. DigitalEdge does this with microservices, artificial intelligence and machine learning across functions, and low code/no code configuration (DIY with no IT help needed).”
