Press Releases
Cogitate further expands Digital Solutions for the P&C insurance sector with the acquisition of Axiom, Inc.
Published on May 6, 2022

Cogitate enhances its flagship DigitalEdge Insurance Underwriting and Distribution Platform with Billing and Claims solutions to provide full stack, cloud native software for property & casualty insurance industry.

Atlanta, Georgia, 05/06/2022— Cogitate, a leader in accelerating digital insurance for Wholesale Brokers, MGAs, and Carriers, has announced the acquisition of Axiom, a Claims & Billing software provider for Property and Casualty Insurance. With this acquisition, Cogitate will offer full stack, cloud native digital underwriting, distribution, billing and claims solutions within its DigitalEdge insurance platform.

Cogitate DigitalEdge is an industry-leading insurance digitalization platform that incorporates digital underwriting and distribution capabilities across the value chain, including third-party data and carrier integrations, core system integration capabilities.  DigitalEdge also includes powerful low code no code functionality and analytics for business users.

Cogitate’s digital insurance solution supports complete policy life-cycle functionality from rating and quoting to binding and post-sale services including renewal and endorsement processing and more for  personal and commercial lines products. Axiom’s DotClaim & DotBill solutions when integrated with DigitalEdge will complete the full stack digital underwriting, distribution, billing and claims software with true native cloud capability.

“Exciting times!  We are delighted to add Axiom to our Cogitate family. This acquisition is a significant milestone in our mission to accelerate digitalization of insurance and bring greater efficiency, ease of doing business, speed-to-market, with an incredible user experience (UX) for all customers across the value chain,” said Arvind Kaushal, CEO & Co-Founder of Cogitate. “With the addition of Axiom’s claims and billing solutions we are enhancing Cogitate DigitalEdge Insurance Platform, and we will be positioned well to bring modern core system capabilities for any personal and commercial product with an end-to-end digital platform to insurers of all sizes.”

“Harnessing the synergy, the experience and the potential of both sets of technologies at Cogitate and Axiom is very thrilling,” said Samir Salem, CEO of Axiom. “We will quickly capitalize on this synergy to expand our systems functionality to enable us to provide more comprehensive solutions to our insurance partners and their users. We are very excited to begin this new journey and to be part of this team which holds innovation and customer expectations at its core.”

About Cogitate Technology Solutions®

Cogitate Technology Solutions, Inc. is a full stack, cloud native digital underwriting and distribution software provider for Property & Casualty Insurance Industry. Cogitate develops modern and innovative technology products and solutions to transform insurance business models to create a competitive advantage in a time of rapid industry change. Cogitate’s next-generation technology integrates seamlessly with existing core and legacy systems to accelerate digitalization and expand business for insurance carriers, wholesale brokers, MGAs, and agents of all sizes. For more information, please visit www.cogitate.us .

Related Posts
  • Cogitate Technology Prices Initial Public Offering
    BOSTON, Aug. 13, 2020 — Cogitate Technology Solutions India Pvt Ltd, a provider of SaaS-delivered enterprise insurance industry, announced today the pricing of its initial public offering of 15,000,000 shares of its common stock at a price of $27.00 per share. The shares are expected to begin trading…
  • Cogitate Technology Launches Initial Public Offering
    Boston, August. 7, 2020 (GLOBE NEWSWIRE) — Cogitate Technology Solutions India Pvt Ltd, a provider of SaaS-delivered enterprise software to the property and casualty (“P&C”) insurance industry, announced today that it has launched its initial public offering of 15,000,000 shares of its common stock. The initial public offering price is expected to be between $19.00…
  • Cogitate Technology Names Chief Strategy Officer
    Corporate strategy and SaaS model veteran Eva F. Huston appointed company’s first CSO BOSTON – August 4, 2020 – Cogitate Technology Solutions India Pvt Ltd announced today that experienced strategic corporate finance executive Eva F. Huston has joined the company as Chief Strategy Officer. Huston will be responsible for creating and executing on strategic initiatives designed to build…
Cogitate acquires
Axiom