London, Ontario and Stanley, New Brunswick – October 26th, 2022 – Cognition+ is pleased to announce they haven been selected by Stanley Mutual to modernize their insurance operations and drive their next phase of growth. By adopting the Cognition+ Enterprise Insurance Platform, Stanley will join the ranks of progressive Mutuals employing an industry-leading policy administration system and reconceiving how they run their business. The Cognition+ Platform incorporates best practice across Policy Administration, Claims Management, Insurance Analytics & Accounting modules, with customizable workflows and APIs to better collaborate with sales channel partners and deliver an end-to-end digital insurance experience.
“Stanley has made great strides in becoming a progressive mutual insurer and leading edge technology is the next step in moving us forward towards achieving our vision,” Greg Dunlap, President and CEO of Stanley Mutual. “In addition to a systems upgrade, we also identified the need for a technology partner that is aligned with and invested in our future success. The choice of Cognition+ checked all the boxes for us.”
“We are thrilled to have Stanley Mutual join our User Community and look forward to being their technology partner for the future,” says Matthew Scott, President and CEO of Cognition+. “Our team has worked diligently the last few years to deliver the next-generation insurance platform that Canadian Mutuals have been asking for. Being selected by Stanley Mutual further validates those efforts and we look forward to servicing and supporting such a great company.” Stanley Mutual Insurance Company will go-live on Cognition+ in 2023.
About Stanley Mutual Insurance Company
Stanley Mutual was formed in 1937 by four rural farmers who pooled their resources to form their own insurance company. Today, Stanley provides industry leading products and services through multiple distribution avenues while maintaining their community presence in their home province of New Brunswick. Clearly defined Core Values guide all of Stanley’s decisions which has resulted in Stanley being recognized as the #1 insurance provider two years in a row.
For more information, visit www.stanleymutual.com.
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.