Have you been thinking “How in the world do I get all of my policy data into Origami?”. If your answer is “yes”, we have some news for you! We’re excited to announce that with our exclusive strategic partnership with LineSlip Solutions, that will no longer be a question.
Our partnership delivers a powerful integration that allows our clients greater insight into their policy data, all within the Origami application. As a result, your organization’s policy information can now be processed by LineSlip’s innovative software, which is then transferred to Origami via an API specifically created for this integration.
By now you may have read the press release, but now what? Keep reading for a FAQ on our partnership or contact Ali LaFayette at firstname.lastname@example.org.
What is LineSlip?
LineSlip Solutions is a cloud-based software solution that helps automate the extraction and structuring of insurance data to deliver actionable insights and data-driven applications that solve business process problems and increase the market competitiveness of brokers, carriers, and insureds. LineSlip uses AI, OCR, and Machine Learning to digitize and extract valuable policy information from client’s policies in any format — paper, digital, etc.
Why is this a differentiator?
No other RMIS platform has this solution (or anything close to it) and no other RMIS provider can integrate with LineSlip. This integration will provide our clients with analytics and valuable insight into all of their policies, regardless of broker or line of business. The LineSlip tool also provides our clients with useful market data for benchmarking purposes.
Who would be a good candidate for this integration?
Virtually all RMIS clients (corporate, government, brokers, etc.) will likely be a good candidate, and we’ll learn a lot more as we work on implementing our first few clients.
As an Origami Risk client or prospect, what does this mean for me?
Origami clients will no longer have to rely on their brokers to manage the collection and transcribing of all policy data. All policy information is at their fingertips within the Origami Policy module!
If you have been asking yourself “how can Origami Risk help me better use data to make key decisions within my organization?”, today is your lucky day!
Over the past couple of months, Origami has been working to advance our capabilities around predictive analytics, machine learning, and artificial intelligence. While Origami takes an agnostic approach to our data integrations, Gradient AI is our first strategic partner in the predictive analytics space and we are excited to roll out a solution that will be repeatable and provide great value to our clients and prospects.
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For buyers in the casualty and property insurance market, there is no better summary of where things stand at the midway point of what feels like the longest year on record than one delivered in the Risk Management magazine article Hard Times, Hard Market.
“At the start of 2020, the biggest challenge for many risk professionals when it came to purchasing or renewing their insurance policies was navigating an increasingly hardening insurance market in which rates were increasing for almost all lines,” writes Lori Widmer. “And then the coronavirus pandemic hit.”
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With an extended deadline on the PTASP Final Rule, Origami Risk hosted a June webinar for public transit agencies on the rule’s requirements, components of an SMS, how Origami Risk can help to meet the PTASP requirements, and more.
In June 2020, Origami presented a webinar to help public transit agencies navigate the Public Transportation Agency Safety Plan (PTASP) Final Rule, as the deadline had been extended to December 31, 2020. Led by Sam Gabal (Senior Sales Executive), Peter Morrical (Senior Client Executive), and Luke Bernardi (Business Development Representative), the presentation focused on:
- Defining the requirements and components of a safety management system (SMS)
- Demonstrating how Origami can help meet those requirements
- A case study illustrating how Origami helped a transit agency client build out functionality to support an SMS
- Fielding questions from the participants, leveraging the expertise from Origami’s Sean Salvas (Senior Market Strategy Lead, EHS)
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Over recent months, as a result of the COVID-19 pandemic, an estimated 50% of U.S.-based workers have been participants in a grand remote-work experiment. As Katherine Guyot and Isabel V. Sawhill point out in an article published by Brookings, Telecommuting will likely continue long after the pandemic, while the rapid switch to remote work has been driven by necessity, “COVID-19 may permanently change the way many of us work.”
Understandably, one of the most common questions we at Origami Risk have been answering during this period is related to what this change has meant—and what it might mean—for a complex, weeks-long project such as the implementation of a Risk Management Information System (RMIS), GRC technology, or insurance core system.
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As organizations grapple with navigating today’s volatile environment, risk technology can play a key role in addressing the risks of tomorrow while delivering additional returns on the investment in the near-term.
Now more than ever before, enterprise software needs to make an immediate impact. With some organizations facing the near-term possibility of continued delays in operations, or ceasing them indefinitely, risk technologies need not only be multifaceted and intuitive powerhouses, but, even given a short runway, must prove beneficial to the organization.
What makes a risk technology platform worth the investment? Is a risk technology really necessary when the biggest risk has, seemingly, already passed? And in the midst of a period of spending freezes and budget cuts, how might purchasing risk technology be justified?
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In the second of a two-part series, we dive into what exactly location-based data can unlock, the reality that coronavirus may be here to stay, and what organizations can do if a data-overhaul is not an immediate, or near term, possibility.
Last week, in part one, we examined the critical role that location-based data plays in an organization’s response, planning, and reaction to crisis situations. One of the ramifications of the COVID-19 pandemic being that it is a location-by-location challenge, specific geographical information can be key in navigating the patchwork of the United States’ federal response to the outbreak.
This is the dark side of federalism: it encourages a patchwork response to epidemics. States and localities may decide to implement aggressive disease-mitigation measures, but need not do so. The defining feature of the U.S. response to Covid-19 therefore continues to be localized action against a threat that lost its local character weeks ago.—The New England Journal of Medicine
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In the first of a two-part series, we examine the critical role that location-based data plays in an organization’s crisis response efforts and how compounding crises lead to an even more immediate need.
While initial outbreaks of COVID-19 hit densely-populated, urban areas of the United States the hardest, the coronavirus is now beginning to surge across less populated parts of America.
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At the annual Origami Risk User Conference, attendees are able to participate in client-led sessions covering a wide range of topics including GRC, underwriting, safety, audits, and claims administration, to name just a few. During these sessions, presenters demonstrate and answer questions about how they are using the Origami platform to address “real-world” challenges.
To make these peer-to-peer learning opportunities more widely available throughout the year, Origami Risk recently held the first of what will be an ongoing series of client forum webinars—client-only events in which a select group of client presenters share how they are using the system. Given the ongoing challenges that organizations are facing as they deal with the COVID-19 pandemic, the topic of the first client forum webinar was titled “Using Your Existing Technology to be Agile in a Rapid Shock Environment.” … read more
The economy is reopening whether organizations are prepared or not. What does restarting business operations look like in a world reeling from a pandemic outbreak and the problems that come with it?
A staggering 40% of businesses fail to reopen following a disaster and another 25% fail within one year following a disaster, according to a report published by Federal Emergency Management Agency (FEMA). Even organizations that survive disasters can remain fragile, experiencing disruption for years to come. While FEMA’s statistics were built upon “normal” disruptions—hurricanes, tornadoes, floods—we can see how impactful contained disasters are to businesses, leaving the world to wonder what impact the coronavirus outbreak will have on the global economy.
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