Nova Mutual Insurance Company selects Cognition+ to facilitate their modernization as they drive their Innovation Strategy
London, ON (Aug. 16, 2022) – Nova Mutual is pleased to partner with Cognition+ by adopting the Cognition+ Enterprise Insurance Platform. Cognition+ has transformed their industry-leading policy administration system and delivered an advanced platform that supports the technology and growth strategies of progressive Canadian insurance companies. The Cognition+ Platform includes Policy Administration, Claims Management, Insurance Analytics & Accounting modules, as well as additional solutions to connect the sales distribution channel and members to the insurance ecosystem. With an extensive suite of Application Programming Interfaces, Cognition+ can be further extended via system integrations with leading insurance technology vendors and service providers.
“Innovation is top of mind here at Nova Mutual. Over the last few years we introduced our brand and transformed our operations from two local mutuals into a single, rural community minded, member-centric and people-focused mutual insurance company. Initially our focus has been on attracting and retaining top talent that could drive our vision forward. With the addition of expertise in the information systems and technology space, we believe that providing choice and great service to our members and distribution partners is key to our success of being a ‘people first’ company. Digital transformation is the direction of the industry and so we look forward to working with a trusted partner to move Nova onto a modern, secure and workflow-enhanced platform,” said Glenn Pick, CEO of Nova Mutual.
“We are thrilled to have Nova Mutual select Cognition+ and look forward to implementing the solution across all lines of business in 2022,” stated Matthew Scott, President and CEO of Cognition+. “Nova Mutual has put a strong team in place as part of their commitment to modernization, and we’re excited to partner with them on driving their technology needs forward. Bringing all stakeholders together digitally drives efficiency and supports an enhanced service capability. It’s great to see more members of the Canadian mutual community recognize that the ‘old way of doing things’ is not an option anymore. We are very proud of our relationship with Nova and the opportunity to deliver enhanced value to their business.”
About Nova Mutual Insurance Company
We’re a new mutual with over 150 years of experience. We believe that our long-term success as an insurance company has come from our willingness to change, a strong knowledgeable team, and providing creative insurance solutions to our members at a fair premium. Our team of dedicated professionals has allowed us to establish ourselves as a leading Mutual insurer in rural communities throughout Southern Ontario, specializing in Agriculture, Commercial, Home and Auto insurance.. For more information, visit www.novamutual.com.
About Cognition+
Cognition+ is an insurance technology provider that empowers insurance companies of all sizes to digitally transform and gain a 360° view of their business. In addition to a fully customizable Enterprise Insurance Management Platform, Cognition+ offers on-demand support, connectivity, cybersecurity, and development services. Established in 1996, and wholly-owned by its clients, Cognition+ has strong longstanding relationships with insurance and technology partners focused on innovation and mutual success. For more information, visit gocognition.com.
SOURCE: Cognition+
Tags: Cognition+, modernization, partnership, platform