The First-Mover Advantage: Here’s How to Jump Start Your P&C Digital Transformation July 15, 2025 By adrian From evolving customer expectations to emerging risks and economic uncertainty, rapid industry change has left P&C insurance organizations facing a pivotal question: Are we adapting fast enough? For many carriers, MGAs, TPAs, and risk pooling entities, the answer lies in how they approach digital transformation. While some are cautiously waiting on the sidelines, others are … Continued
How to Close the Gap Between Risk Assessment and Risk Reduction July 11, 2025 By adrian It’s a common scenario: a safety walk is completed, hazards are documented, and risks may even be scored for severity. The risks are identified, but then what? Too often, that’s where the process stops. Observations are filed away in spreadsheets or siloed systems with no clear next steps. There’s no ownership, resolution timeline, or … Continued
Is Your Core Insurance Technology an Asset or Liability? July 10, 2025 By adrian For your insurance business to stay competitive, your core technology should be a strategic asset in addition to being functional. But for many insurers, legacy systems are doing the opposite: draining resources, limiting agility, and slowing innovation. So how can you tell whether your core platform is helping you grow or holding you back? The … Continued
Taking the Lead: How to Measure Success with a New PAS July 1, 2025 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 July 1, 2025 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 July 1, 2025 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 June 23, 2025 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 June 17, 2025 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 May 30, 2025 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 May 28, 2025 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