Cogitate Technology Solutions, a future-ready insurance technology innovator, has extended its collaboration with Verisk, a leading global data analytics provider, to expedite and enhance the digital experience throughout the insurance value chain.
Cogitate will source and integrate commercial lines data from Verisk into Cogitate’s flagship solution DigitalEdge
Cogitate will begin its integration with Verisk’s commercial auto and small commercial data, and will continue with other lines of business, as it accelerates and enhances the user’s digital experience. This integration will allow Cogitate’s clients to access Verisk’s innovative solutions, robust data, and advanced analytics, helping them increase automation, boost efficiency, and accelerate their digital transformation.
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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).
Verisk provides predictive analytics and decision-support solutions to customers in the insurance, energy and specialized markets, and financial services industries. More than 70 percent of the FORTUNE 100 relies on the company’s advanced technologies to manage risks, make better decisions and improve operating efficiency. The company’s analytic solutions address insurance underwriting and claims, fraud, regulatory compliance, natural resources, catastrophes, economic forecasting, geopolitical risks, as well as environmental, social, and governance (ESG) matters. Celebrating its 50th anniversary, the company continues to make the world better, safer and stronger, and fosters an inclusive and diverse culture where all team members feel they belong.
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