News

Origami Risk Hosts 155 High School Students for 2019 Chicago “Hack-a-thon”

Budding Developers Learn Code, and Create Apps, Websites and Games During Frenetic 24-hour Competition

CHICAGO, July 11, 2019 – A group of 155 Chicago-area high school students recently participated a 24-hour Chicago “Hack-a-thon” event held at the headquarters of Origami Risk, the insurance and risk management Software as a Service (SaaS) company.

Known as Windy City Hacks, the event was organized by seven Chicago high school students led by Matthew Stanciu. It involved 42 teams of students who worked 24 consecutive hours through the weekend of June 22-23, competing for prizes in six categories. Nearly 50 programmers, managers and executives from Origami Risk and other leading software and technology firms across the U.S. supported the students, with nine serving as official judges for the event.

“For the students, the Hack-a-thon was a powerful hands-on learning and team building experience,” said Spencer Vadner, client executive, Origami Risk. “And for those of us serving as mentors, it was amazing to see the students not only engaging and sharing their interests, but also striving to solve issues together. We were thrilled to help facilitate this event.”

Here were the winning entries in each category:

  • Best overall: Habit@, a web app gamifying sustainability by helping users build and maintain lower-carbon habits. (Prize: AirPods)
  • Best beginners: Languages101, an introductory information website for international travelers, offering common phrases, well-known foods and important history. (Prize: Google Home minis)
  • Best game: StockGamer, an educational, real-time desktop stock market simulation game. (Prize: 1TB SSDs)
  • Best mobile app: GradeTree, an all-in-one school info management app, including views for grades, transcripts, attendance and daily lunch menus, as well as a train tracker to get home. (Prize: Samsung portable chargers)
  • Best teamwork: Beep Boop, a free, online GarageBand instruments alternative. (Prize: Tiles)
  • Best design: Vouch, a website connecting non-profit events and projects with sponsors. (Prize: Sketch licenses, a professional design tool)

The only such program held in Chicago this year and the largest to date in the Midwest, Windy City Hacks was available free-of-charge to high school students, who were not required to have any prior experience with technology or coding. Seven members of Windy City Hacks also led four beginner workshops on such topics as “Building your first website from scratch in an hour,” “An introduction to building games,” “Making a music synthesizer website” and “A competition to use AI to train bots.”

“We were delighted to join with Windy City Hacks and the other sponsors to offer this unique learning experience for high school students,” said Robert Petrie, CEO, Origami Risk. “Given all the creativity and collaboration that came out of the Hack-a-thon, it’s going to be exciting to pass the torch on to a highly motivated next generation of innovators, developers, programmers and business leaders.”

The students organizing Windy City Hacks raised more than $14,000 for the event from company sponsors, including Origami Risk, 8th Light, GitHub and ActiveCampaign, and arranged for meals and snacks for the participants. The event was conceived to help Chicago high school students learn about career opportunities in the technology and information sector, and develop related skills. More information is available at windyhacks.com.

Origami Risk Names Azam Makki & Bill Schwacke as Senior Sales Executives

CHICAGO, June 18, 2019 – Origami Risk, the industry-leading risk and insurance Software as a Service (SaaS) technology firm, announced it has appointed Azam Makki and Bill Schwacke as senior sales executives focusing on the healthcare sector. The appointments build on Origami’s existing expertise in healthcare, where the firm is seeing a steady rise in demand for its technology-based risk management solutions.

“As healthcare risk management and financial executives support enterprise initiatives to enhance quality, efficiency and safety, strengthen compliance and manage emerging exposures, they are increasingly relying on new, cloud-based risk management information systems to achieve their objectives,” said Earne Bentley, executive director of Sales, Origami Risk. “Meanwhile, Origami has responded with a portfolio of innovative solutions tailored to the needs of healthcare clients. With impressive credentials, Azam and Bill add to the depth of our talent in healthcare. We’re delighted to welcome them to our team and look forward to the value they will bring to our healthcare clients.”

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Minda Rossman, Service Team Lead at Origami Risk, Named a Business Insurance 2019 Break Out Award Winner

Leading Trade Magazine Recognizes “Next Generation of Insurance Industry Leaders”

CHICAGO, May 14, 2019 – Minda Rossman, a service team lead at Origami Risk, the industry-leading risk and insurance Software as a Service (SaaS) technology firm, has been named a Business Insurance 2019 Break Out Award winner. According to Business Insurance, the award “recognizes the next generation of insurance industry leaders.”

At Origami Risk, Rossman leads a team of risk and technology professionals responsible for the implementation of the firm’s risk management information system (RMIS) for third party administration (TPA) accounts and those involved in workers’ compensation self-administration. She also is responsible for providing ongoing client support services, including a steady stream of innovative and sophisticated RMIS-based solutions.

Rossman will be among several executives recognized at the magazine’s awards recognition event in Chicago on Thursday, June 13 and featured in the June 2019 issue of Business Insurance and on www.businessinsurance.com. Read the official Business Insurance announcement here. Registration is open to the event at www.businessinsurance.com/conference/breakout.

The latest recognition from Business Insurance builds on many similar honors Origami Risk and its employees have achieved in recent years, including more than 21 awards in the past decade for service excellence, innovation, workplace and technology.

Origami Risk is the top-rated risk and insurance technology platform serving all members of the risk management community from insured corporate and public entities, to insurance carriers, brokers, TPAs and risk consultants. The company provides an integrated platform of products including RMIS, ERM/GRC, Claims, Safety, Analytics, Underwriting and Data Tools. Origami Risk has the most experienced team in the RMIS industry, ensuring that client service and success is the central focus of each engagement. Origami Risk is consistently ranked by users and independent third parties as the top RMIS provider. To learn more about Origami Risk, visit www.origamirisk.com, or contact Origami at info@origamirisk.com.

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About Break Out Awards
Business Insurance’s Break Out Awards program honors 40 top professionals on track to be the next leaders in the risk management and property/casualty insurance field. Break Out winners from across the United States are recognized for their leadership and professional skills and can be working in any area of the industry — risk managers, brokers, insurers, reinsurers, MGAs, MGUs, wholesalers, captive managers, TPAs, lawyers and other providers serving the commercial insurance sector. The program culminates with regional award recognition events held in New York, Chicago and San Francisco. Learn more.

Origami Named One of Nation’s Best and Brightest® Companies

CHICAGO, Jan. 9, 2019—Origami Risk, the industry-leading risk and insurance Software as a Service (SaaS) technology firm, has been named one of the 2018 Best and Brightest® Companies To Work For in the Nation by the National Association for Business Resources (NABR). This is the third consecutive year Origami has received this accolade.

“Our employees are our greatest asset, and we work hard to make sure they’re supported, both professionally and personally,” said Carla Murphy, HR and talent executive, Origami Risk. “We take a lot of pride in having a company culture that appeals to the brightest talent in the industry and fosters retention.”

NABR announced in December that Origami Risk was selected from more than 2,400 organizations across the country to receive this award. An independent research firm reviewed a number of key measures to determine those organizations with the most impressive human resources practices.

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Origami Named Among Top Compliance Technology Solution Providers

CHICAGO, Jan. 8, 2019 – Origami Risk, the preeminent risk and insurance technology platform serving all members of the risk management community, has been named one of the 20 Most Promising Compliance Technology Solution Providers of 2018 by CIOReview, a technology magazine aimed at providing organizations with solutions to the ever-changing tech landscape.

“We’re proud to be recognized as one of the top organizations in the compliance tech industry,” said Robert Petrie III, CEO, Origami Risk. “Origami Risk was founded on the principle of forward-thinking solutions. We embraced the cloud when no other organization did, and that spirit of innovation continues to drive our development of flexible solutions in an ever-changing regulatory environment.”
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ORIGAMI RISK NAMED AMONG “BEST PLACES TO WORK IN INSURANCE” BY BUSINESS INSURANCE MAGAZINE

CHICAGO, October 1, 2018 — Origami Risk, the preeminent risk and insurance technology platform serving all members of the risk management community, has been named one of the “Best Places to Work in Insurance 2018” by Business Insurance magazine and Best Companies Group. This is the third consecutive year Origami Risk has gained recognition as having the highest employee engagement and satisfaction.

“We’re honored once again to receive this recognition from Business Insurance and Best Companies Group,” said Robert Petrie, CEO, Origami Risk. “Origami is not only a software company, but also a talent organization that depends on the skills, enthusiasm and creativity of our people. We place a priority on finding people who can best serve customers and providing them with the culture, tools and support they need to be successful.”

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Origami Risk and Royal Cosun shortlisted as finalists for the CIR award: Best Use of Technology in Risk Management – Partnership

Origami Risk and Royal Cosun are among the finalists for the CIR Risk Management Awards 2018 in the category of Best Use of Technology in Risk Management – Partnership Award. Now in its 9th year, the CIR Risk Management Awards recognize those individuals, organizations and teams that have significantly added to the understanding and practice of risk management. Find out how Royal Cosun has been able to drive down its total cost of risk by partnering with Origami Risk by checking out their story below.  read more

Origami Risk Launches Comprehensive Compliance Solution for Insurers, Claims Administrators and Large Self-Insureds

Chicago, IL – August 27, 2018 – Origami Risk has launched Origami Compliance, a suite of solutions that provides adjusters with automated access to forms, rates, rules, and regulations to streamline their adjudication process. Origami Compliance solutions are delivered via a web application programming interface (API) that operates behind the scenes to facilitate a reliable and secure connection with any claims management system.

Origami Risk has grown to become the preeminent risk and insurance technology platform serving all members of the risk management community from insured corporate and public entities, to insurance carriers, brokers, TPAs and risk consultants. The Origami Compliance solution is unique from the company’s other offerings in that it integrates with any claims software and provides real-time access to up-to-date forms, laws, regulations, and rates, helping to ensure compliance requirements are met. The solution, powered by a comprehensive rules engine, also makes it possible for adjusters to automatically have access the most up-to-date forms, accurate calculations, current rates and up-to-date regulations. read more

ORIGAMI RISK IS ONE OF INC. MAGAZINE’S BEST WORKPLACES 2018

CHICAGO, May 23, 2018 – Origami Risk, the preeminent risk and insurance technology platform serving all members of the risk management community, has been named one of Inc. magazine’s Best Workplaces for 2018, the publication’s third annual ranking in the fast-growing private company sector.

Hitting newsstands today in the June 2018 issue and as part of a prominent inc.com feature, the award is the result of a wide-ranging and comprehensive measurement of private American companies who have created exceptional workplaces through vibrant cultures, deep employee engagement, and stellar benefits. Out of thousands of applicants, Inc. singled out just under 300 winning companies.

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Private Equity and the RMIS Market

As the RMIS industry continues to evolve, shifts are happening with more than just technology. According to a recent article by Redhand Advisors, a management consulting firm, there has been an increase in activity from private equity firms. Ten years ago, brokers were the largest investors in RMIS businesses, however, the market has shifted and now three private equity firms have made investments in RMIS firms.

As was announced in March, Origami Risk recently received an investment from Spectrum Equity, a leading growth equity firm. Representing a minority position, this is the first institutional capital in the company, which will facilitate access to additional insights and resources, as well as the ability to selectively pursue accretive acquisitions.

Patrick J. O’Neill recently interviewed Origami Risk’s CEO, Bob Petrie, to understand more about the recent transaction, and how it differs from previous investments in the industry.

Read the full article here.