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Taking the Lead: How to Measure Success with a New PAS 

By adrian

Many underwriters today know they need a modern policy administration system (PAS) to evaluate complex risks and improve the customer experience.  But they also know that just as important as successfully implementing a PAS is proving its worth over time.   How do you measure the success of a new PAS? What are the key performance … Continued

Integrating Third-Party Cyber Risk into Your Governance Framework 

By adrian

As businesses increasingly rely on vendors, contractors, and service providers, each connection introduces potential entry points for cyber threats. While internal cybersecurity measures like firewalls and employee training are essential, they often overlook the risks posed by external partners and the governance challenges they create.  According to a report by Imprivata and the Ponemon Institute, … Continued

How to Preserve Institutional Knowledge with a Modern Core System 

By adrian

As the insurance industry braces for a wave of retirements, it’s facing a critical shortage of specialized talent in underwriting, claims, and technology. These highly skilled roles are projected to demand the greatest growth over the next 12 months, but it may go unmet as a shrinking candidate pool struggles to replace the decades of … Continued

How a Modern PAS Solves Underwriters’ Top Concerns 

By adrian

When insurers struggle with underwriting ratios, market strategy, risk selection, and pricing are often cited as principal factors. But a survey conducted by Accenture and The Institutes reveals that an effective way to improve underwriting may be to phase out legacy technology and invest in a modern, flexible policy administration system (PAS).   The survey reveals … Continued

See the Risk, Shape the Response: The Power of Bowtie Modeling in a Complex Risk Environment 

By adrian

Does this sound familiar? Your team is preparing for a quarterly board meeting. The agenda includes the usual suspects — cyber threats, regulatory pressures, and global supply chain uncertainty. You’ve typically relied on spreadsheets, risk registers, and color-coded heat maps to communicate priorities. But too often, leadership asks the same questions in response:  As enterprise … Continued

Rethinking Total Cost of Risk: From Line Item to Leadership Tool

By Origami Risk

In today’s environment —marked by rising cyber threats, climate-related losses, economic volatility, and increasing regulatory demands — a rearview approach to risk doesn’t cut it. Instead, risk leaders are facing a new set of expectations from the business, and your C-suite wants to know:   Many organizations still rely on Total Cost of Risk (TCOR) models … Continued

Transform Emerging Risks into Opportunities with a Modern PAS

By Origami Risk

If you work in insurance, you’ve probably spent a few nights worrying about the “big one.” The “big one” could be any loss scenario — a hurricane, a cyberattack, or a nuclear verdict — that would overwhelm your staffing and financial reserves, raise questions about your underwriting and rating, and create anxiety about your company’s … Continued

Modernizing Healthcare IT: Strategies to Overcome Technical Debt

By Origami Risk

Today’s healthcare IT teams are tasked with maintaining a complex web of disconnected systems that drain resources, limit visibility, and slow organizational progress. Over the past decade, healthcare organizations have built their technology ecosystems out of necessity, adopting point solutions to manage event reports, patient safety documentation, compliance tracking, and other critical functions.   This reactive … Continued

Provision 29 Heralds New Era for Proactive Strategic Reporting

By Origami Risk

The increasingly important role of risk management will be enshrined in new regulation next year, with changes to the UK Corporate Governance Code heralding a shift towards more sophisticated, proactive, board-level insights around risk and controls, as Steve Cloutman explains. These are undoubtedly challenging times, with economic and political uncertainty highlighting the increasingly important role … Continued