Accurately assessing policy risk is both a challenge and an opportunity. Traditional methods of risk evaluation based on historical averages, static models, and manual underwriting no longer meet the demands of modern insurance customers or carriers. Enter artificial intelligence (AI), a transformative tool that’s reshaping how insurers assess risk, analyze data, and make smarter underwriting… Continue reading Future Trends in Use of AI for Policy Risk Assessment and Data Analysis
MGAs have always occupied a unique and valuable place in the insurance distribution ecosystem. Operating at the intersection of insurers and agents, MGAs manage underwriting, distribution, and claims administration for specialty and niche markets. But with the rapid pace of digital transformation, MGAs face growing pressure to deliver faster, smarter, and more efficient services—or risk… Continue reading Why MGAs Need Purpose-Built Technology to Stay Competitive
Rising customer expectations, regulatory complexity, and evolving distribution models make operational efficiency a critical business priority. For insurers looking to reduce costs without sacrificing service quality, insurtech solutions offer a transformative opportunity. Modern insurtech processes are designed not just to automate – but to optimize. From claims to underwriting to policy management, they eliminate inefficiencies,… Continue reading How Insurtech Solutions Reduce Operational Costs for Insurers
Whether you’re an agent working to close a deal or an underwriter trying to process new business efficiently, delays in policy submissions can stunt growth, reduce customer satisfaction, and increase operational costs. That’s why modern insurance organizations are improving the submission process to increase speed, reduce errors, and enhance collaboration. The right digital submission experience… Continue reading Benefits of Streamlining P&C Insurance Policy Submission Process
Cogitating on insurance Vol. 2, No. 1 Dear Friends, As April closes, we reflect on a Spring full of exciting achievements in our quarterly newsletter. You’ll find insights from industry interviews, announcements of exciting integration partnerships, and success stories of rapid implementation across numerous lines of business. Join us in celebrating these milestones as we… Continue reading Deep Thinking Digest – April 2025
In this exclusive video session, the Cogitate team dives into how AI is reshaping the FNOL process through our AI-Powered Multilingual IVR Chatbots solution. As claims volumes rise and customer expectations evolve, insurance providers are seeking faster, more accurate, and scalable ways to capture and process FNOL data. You’ll hear how Cogitate is: Harnessing conversational… Continue reading Reimagining Claims Intake with AI: The Future of FNOL
Learn about the advancements in Cogitate's AI Response Agent from Arvind Kaushal, CEO and Co-Founder of Cogitate.
Among the most pressing concerns today of the insurance industry are fraud detection and maintaining high levels of accuracy throughout the claims lifecycle. Traditional methods – often reliant on manual reviews, siloed systems, and fragmented data – are no longer sufficient to meet the increasing demands of speed, accuracy, and transparency. That’s where digital claims… Continue reading How P&C Platforms can Improve Speed and Accuracy in Claims
The right digital insurance software platform can streamline operations, improve customer satisfaction, boost underwriting accuracy, and speed up claims resolution. But with countless solutions available, how do you know which one is the best fit? Whether you’re an insurer, MGA, wholesale broker, or program administrator, the key is to look for software that delivers flexibility,… Continue reading How to Choose the Right Digital Insurance Software for Your Business
The First Notice of Loss (FNOL) is the first and most crucial step in the insurance claims process. It serves as the initial communication from a policyholder to their insurer about a loss, setting the stage for the entire claims experience. A seamless FNOL process can significantly impact customer retention by ensuring a smooth, stress-free… Continue reading The Importance of a Seamless FNOL Process in Customer Retention
