Middlebury, 5753, VT,
United States
Co-operative Insurance Companies Technographics
Discover the latest software purchases and digital transformation initiatives being undertaken by Co-operative Insurance Companies and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 200 Co-operative Insurance Companies employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Co-operative Insurance Companies has purchased the following applications: Sapiens FinancialPro for Insurance ERP in 2021, Cogent Data Center for Application Hosting and Computing Services in 2019, GoDaddy SSL for Secure Sockets Layer (SSL) in 2015 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Co-operative Insurance Companies is running and its propensity to invest more and deepen its relationship with Sapiens International , Cogent Communications , GoDaddy or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing Co-operative Insurance Companies revenues, which have grown to $115.0 million in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for Co-operative Insurance Companies intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
ERP Services and Operations
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Sapiens International | Legacy | Sapiens FinancialPro | Insurance ERP | ERP Services and Operations | n/a | 2021 | 2022 |
In 2021, Co-operative Insurance Companies implemented Sapiens FinancialPro as its Insurance ERP platform. The initiative upgraded the insurer from Sapiens Financial GO and concurrently deployed ReinsurancePro to support reinsurance administration across its Vermont and New Hampshire operations.
The implementation concentrated on automating accounting, statutory filing and financial reporting capabilities within Sapiens FinancialPro, aligning ledger processes and filing workflows to reduce manual effort. ReinsurancePro was used to centralize reinsurance administration and treaty accounting, replacing spreadsheet based reconciliation for ceded transactions.
Operational scope focused on finance and compliance functions across Vermont and New Hampshire legal entities, centralizing statutory filing processes and reinsurance administration. The deployment established a unified record of financial transactions and reinsurance entries to support consistent statutory submissions.
Governance and process changes included coordinating finance and compliance teams to shift manual spreadsheet tasks into configured application modules and to standardize reporting workflows. The stated outcomes were increased speed and accuracy of reporting and a reduction in manual reinsurance spreadsheet processes following the Sapiens FinancialPro implementation.
|
IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Cogent Communications | Legacy | Cogent Data Center | Application Hosting and Computing Services | IaaS | n/a | 2019 | 2019 |
|
CyberSecurity
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| GoDaddy | Legacy | GoDaddy SSL | Secure Sockets Layer (SSL) | CyberSecurity | n/a | 2015 | 2015 |
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