West Point Launches Cognition Business Technologies with Industry Partners
Staff Writer | November 08, 2016
West Point Insurance Services announces the launch of a new company, Cognition Business Technologies (CBizTech), in conjunction with industry partners, Jeff Egglestone and Steve Hudson, formerly of Nascent Blue.
CBizTech has created a business platform for business professionals, the CBizTech Business Platform for Insurance, which will enable any insurer’s business users to produce a fully-operational digital version of the company’s entire business model from blueprints to business plan, strategy, and operations. Via the CBizTech Business Platform, the company will offer a number of services and software solutions, including business intelligence and analytics, custom software development, legacy system modernization, and digital business transformation.
“The insurance industry’s relentless push toward code-free software development lives on today in a small, but growing and successful, category of ‘low-code/no-code’ platforms,” says Jeff Egglestone, vice president of business technology for CBizTech. “Although some of these platforms have definitely simplified deployment, programming expertise is still required in order to use such tools for building applications. Together with West Point, CBizTech is blending proven business architecture practices with the latest advances in model-driven software development to produce something truly ground-breaking. At CBizTech, we are closing the gap between a sound business idea and its realization until only the formation and expression of the business idea remain. All other steps are automated.”
Going forward, West Point will continue to focus on providing traditional software and services solutions to P&C insurance customers, while CBizTech focuses on the delivery of the CBizTech Business Platform, which is designed specifically to enable rapid, complex changes, easy new company stand-ups, carrier conversions, and more.
The CBizTech Business Platform will provide business professionals with the simplest conceptual interface for producing an insurance-specific technology solution with absolutely no manual programming. By empowering users in the insurance lifecycle and freeing them from technical considerations by applying powerful transformations behind the scenes to automatically generate business solutions, CBizTech pushes technology to the background, helping insurers stay focused on insurance instead of writing code or software.
“Today insurance companies have two choices, build or buy,” says John Jerger, COO for West Point. “Building a solution is hard, and often impossible, because insurance experts are not necessarily tech experts too. And, purchased software often needs to be modified. In either case, this puts a burden on the insurer’s IT department, and forces the insurer to take eyes off the ball at an important moment. We are looking to take the best elements from both models and roll them into one platform. Business users will be able to customize without immersing themselves in tech to do it.”
Featured articles
- Legacy Systems Are Dead. Really? Don't Count On It.
- Now Accepting Nominations for the 2019 ITA Bridge Awards
- It's time to register for ITA LIVE!
- Registration is Now Open for ITA LIVE 2019!
- What to Expect from a Digital Experience Platform Implementation
- ITA Pro Magazine September Edition is Now Available
- It's National IT Professionals Day
- Save the Date for ITA-LIVE 2019
- OneShield Software and UrbanStat Work Together to Improve Real-Time Analytics and Risk Decision-Making
- ITA LIVE 2019 - SAVE THE DATE!
- Insurance Technology Association Announces New Editor-in-Chief
- August 2018 Edition ITA Pro Magazine is Now Available
- Enterprise Architecture in an Agile World
- Top 10 Tips for Securing Your Mobile Devices and Sensitive Client Data
- Industry Insight: 4 Global Insurance Trends in Digital, Data, Content Services and Security
- Diving Deeper into Prioritizing Your Strategic Digital investments
- Why Content Rules
- How Mass Personalization Will Open the Small Business Benefits Market
- At Year End 2017, Will Your Organization Be Protected from Cyber Risks?
- Do Insurance Bots Dream of Mitigating Risk?
- Conditioned to Respond
- Managing & Mobilizing Insurance Data in a Connected World
- Race to the Finish Line
- New Tools, New Opportunities in Claims
- ITA LIVE: Reaching Insurance Industry Crossroads
- Advice to Insurance IT Leaders: Keep Your Eye on the Ball
- New Date, Venue for ITA LIVE 2017
- Guidewire Makes Major Push to Small and Midtier Market by Acquiring ISCS
- Insurance Disruption is Happening Right Now
- Insurity Adds Strategic Investment Partner, General Atlantic
- Beyond Transformation: The Convergence of Finance, Risk, and Actuarial Functions
- The Rapid Evolution of Consumer Protection Regulation
- Talent Hunt: Finding, Attracting, Retaining Top People
- Insurers Flexing Their Distribution Models
- Technology Driving Disruption in Insurance
- Fear of ‘Next Bubble’ Challenges Life, Annuity Carriers
- Technology Allows Commercial Lines Insurers to Stand Out
- Single Sign-on Viewed as Biggest Tech Challenge for Agencies
- ISCS Observes 20th Anniversary; Scurto Predicts Major Changes Ahead
- Policyholders and Their First Impressions
- Progressive Making Progress on the UBI Front
- High and Dry: Insurers Search for Disaster Recovery Plans
- Insurers Sign The (Un)Dotted Line
- Reflections of a Retired Insurance CIO
- Mobile Device Management Just One Answer to BYOD Issue
- Lessons from GEICO and Progressive on Winning the Critical Buying Stage
- You Are a Target for a Cyber Attack
- Web-based Systems are the Next Evolution in Claims Technology
- Gaining a “Wow” Experience from Web Users
- Time to Shift from Business/IT Alignment to Business/IT Alliance
- Healthcare Insurers Changing to Consumer Model
- Organization is the Key for Selecting Software Vendors
- Analysts Expound on the Needs of the Mid-tier Insurance Market
- Finding the Cure for Obamacare’s Website
- New Software Solutions Benefit Insurers on the Inside and Outside
- Products, Market Impede Investment in Systems for Life Insurers
- Combatting Cyber Threats: Predict, Prevent, Persist
- The Future of Telematics Heads Beyond Insurance
- The Shame in Cyber Security Lapses
- Building Policy Administration Systems for the Future
- Insurers Look Into The Eyes of Their Policyholders
- It’s a New Dawn for the ITA
INSURANCE IT NEWS
- Lucens Group Announces Corporate Name Change to Claimify to Reflect Commitment to its Software Platform
- The Co-operators Drives Innovative Claims Process with Guidewire InsurancePlatform Cloud-Based Predictive Analytics System
- Insurance Technologies Releases FireLight® e-Delivery to Seamlessly Automate the Delivery of All Insurance and Retirement Policies and Documents
- Global IQX API Unleashes Wealth of Data for Employee Benefits Insurers
- Survey: Millennial business owners most likely generation to work with insurance agents
- Duck Creek Technologies Reports 85% Bookings Growth and 30% Revenue Growth in SaaS-Delivered Enterprise Software Solutions for Fiscal Year 2018
- Optimum General Selects Guidewire InsurancePlatform for Core Operations
- Blue Cod Technologies Announces Corporate Name Change to Activer Solutions
ELECTRONIC CHAT
The Email Chat is a regular feature of the ITA Pro magazine and website. We send a series of questions to an insurance IT leader in search of thought-provoking responses on important issues facing the insurance industry.
-
Electronic Chat -- Jason Liu
Bill Sinn
Jason Liu is the new CEO of Zywave, a privately held software company headquartered in Milwaukee, WI... READ MORE
ITA LIVE 2019
The tide is up! It's time to register for ITA LIVE 2019, our annual educational and networking conference! Our theme is "The InsurTech Revolution: Cutting Through the Hype." and we'll be bringing in a torrent of industry thought leaders, amazing insight and wonderful perspectives on the world of insurtech and its impact on the insurance landscape.
ITA LIVE 2019 will present real-life examples of true startup technologies that are helping insurers gain real advantage -- and a competitive edge -- in the marketplace. We’ll highlight the more successful InsurTech partnerships, while offering case studies that demonstrate exciting innovation and cutting-edge techniques impacting all aspects of the insurance ecosystem.
Ride the wave to LIVE 2019. Sign up today! We look forward to seeing you in May, 2019!
BLOGS AND COLUMNS
-
The Hidden Costs of Custom Software Systems
David Pittman
Customization in the general sense has a very positive connotation. However, in the world of software systems, customization quite often falls short... READ MORE
-
Really? Don’t Count On It... READ MORE
only online
-
Down Market Opportunities Beckon Benefits Insurers
You have surely heard it said that small businesses are the growth engine for America. Today, the phrase has a special ring to it for benefits... READ MORE
-
Technology at the Heart of Change in Insurance
With stagnant growth and lingering low interest rates, the life insurance industry faces a challenging future... READ MORE
-
Got Policies? IVANS Service Helps Feed Commercial Lines Producers
Finding insurance carriers willing to write commercial lines risks has always been a challenge for producers... READ MORE
-
Technology Changes Coming Faster than Ever for Insurers
As Guidewire Software prepares for the start of Connections, its 11th annual user conference that begins on Nov. 2, Brian Desmond, chief marketing... READ MORE
Vendor Views
-
The Hidden Costs of Custom Software Systems
Customization in the general sense has a very positive connotation. However, in the world of software systems, customization quite often falls short... READ MORE
- Vendor Views
Partner News
-
Distracted Living: What It Means for Insurance
One important trend in society over the past decade is our increasing ability to create and consume a seemingly unlimited amount of digital content... READ MORE
- Partner News