Chris Ainsworth, VP of Claims for Southern General Insurance Company (SGIC), sits down with Cogitate to discuss the litigious environment in which SGIC operates, and how her department has adopted technology to avoid costly bad faith exposures. The state of Georgia has been named by the American Tort Reform Association (ATRA) as the “#1 Hellhole”… Continue reading DemandAssist Brings Peace of Mind to Claims Leader
FinTech Global released its 2024 selection for the Insurtech100 report and Cogitate is proud to be included! Cogitate rose out of 2,100 nominations to the list, described by FinTech Global as “highlighting the leading innovators developing solutions to the critical challenges facing the insurance sector over the coming years.” What criteria was used to determine… Continue reading Cogitate named to InsurTech100 Report
When the Wall Street Journal talks about the insurance software industry, I get excited. When they praise the ways digital insurance platforms are helping insurers change the way they do business, I do a really great victory dance. They’re calling attention to the disruption we’re bringing to an industry facing immense pressure. While the insurance industry… Continue reading Removing the Grunt
The recent wildfires in Maui, Hawaii – a profitable market for insurers and long considered low-risk – have been an eye-opener for insurers as the damages are assessed and rebuild anticipated. With damages estimated between $4-$6 billion, a number of factors, including Hawaii’s stringent regulations and longer construction permitting timelines, are predicted to contribute to the… Continue reading Maui Fires: The Latest Spotlight on Cost to Rebuild in Inflationary Times
In the ever-evolving insurance landscape, staying ahead of the curve is not just an advantage—it’s a necessity. Our latest whitepaper, 3+ Keys to Proactive Underwriting delves into the transformative realm of intelligent underwriting and how it can revolutionize user experience from submission through bind and servicing. Property and casualty insurers and DUAEs can improve customer selection, reduce… Continue reading Unleashing the Power of Intelligent Underwriting
October is Cybersecurity Awareness Month and as providers of digital insurance solutions, we are participating in spreading the word to our industry. First, we share the official theme of 2024, “Secure Our World.” The four critical steps CISA recommends for individuals to maintain a secure profile are outlined in this year’s theme: Recognize and report phishing, delete messages… Continue reading Secure Our World
Our team is headed to WSIA Insurtech Conference 2024 in April! We’ll be facilitating an exciting Executive Round Table on the Role of Data Science in E&S Markets. Our CEO and Co-Founder, Arvind Kaushal, will demonstrate two new features of our underwriting workbench to a group of 20 insurance executives. These features, focused on AI… Continue reading Role of Data Science in E&S Markets
The role of automation and AI assistance in underwriting is rapidly evolving, and here at Cogitate we’re excited about the results our clients are experiencing on our underwriting workbench. In a recent study by Capgemini, a survey of P&C insurers suggested that 41% of the underwriter’s time is spent on “administrative and operational activities constraining… Continue reading A Game-Changing Underwriting Platform
On September 7, 2023, Datos-Insights released its Property/Casualty MGA Core Systems: Overview and Solution Providers Report. This comprehensive report reviewed the relative capabilities of 27 digital insurance solutions and designated Cogitate’s DigitalEdge Insurance Platform as a Contender. Datos-Insights defines the Contender as a solution having substantial customer experience and momentum, while the Established Player category is defined as in the market longer with more… Continue reading Cogitate is a Serious Contender in the MGA Core Systems Space
Cogitaters were excited to wake up this morning and find that CNBC and Statista had included Cogitate within its Global 150 Top Insurtech Companies list for 2024. Cogitate joins 9 other US based and 15 foreign companies in recognition as the best in Underwriting and Risk Analytics. Here’s how CNBC and Statista describe the segment:… Continue reading The World’s Top Insurtech Companies 2024
