American Guaranty Fund Group Selects Origami Risk’s Cloud-Native Platform to Transform Claims at Florida’s Guaranty Associations

TALLAHASSEE, Fla.–(BUSINESS WIRE)–American Guaranty Fund Group (AGFG), a management company overseeing the operations of the Florida Insurance Guaranty Association (FIGA) and the Florida Workers’ Compensation Insurance Guaranty Association (FWCIGA), announced a major upgrade to the state associations’ core operations with the selection of Origami Risk’s cloud-native core P&C platform for claims administration.

Origami’s platform will modernize the claims processing capabilities of FIGA and FWCIGA, enabling adjusters and claims teams to leverage automation and streamlined workflows to achieve speed, greater accuracy, efficiency in claim adjudication and cost savings.

“Over the years, we’ve worked to standardize and streamline the claim processes at FIGA and FWCIGA to drive efficiencies, reduce costs, and improve the overall customer experience,” said Bob Ricker, President and Executive Director, AGFG. “The addition of Origami’s state of the art technology enables our associations to advance these initiatives, improve performance and elevate service delivery to Florida’s policyholders.”

“We’re excited to work with the leadership and technology teams at AGFG to transform the claims processing capabilities of the statewide guaranty associations they manage,” said Mike Kaplan, Chief Client Officer, Origami Risk. “Origami’s innovative solutions have been developed to help carriers and other insurance providers drive efficiencies across critical functions, meet customer needs and improve overall performance.”

Origami Risk offers a full suite of end-to-end, integrated SaaS solutions for policy, rating, billing, loss control, claims administration, reporting and analytics. It also offers a full-service ISO and NCCI bureau content management solution and a comprehensive digital engagement experience for all internal and external stakeholders.

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About American Guaranty Fund Group
American Guaranty Fund Group (AGFG) is a management company overseeing the operations of the Florida Insurance Guaranty Association and the Florida Worker’s Compensation Insurance Guaranty Association. They manage the Claims, IT, Accounting, HR, and Management needs of FIGA and FWCIGA. Working with governing board members, they provide strategic guidance to ensure efficient operations. These Guaranty Associations were created by the Florida Legislature to act as a safety net in Florida’s insurance market. Like with all businesses, there is potential for an insurance company to experience insolvency. When member insurance companies become insolvent, FIGA and FWCIGA are responsible for paying out valid, covered claims of policyholders. FIGA and FWCIGA are also responsible for refunding prorated premium payments to impacted policyholders.

About Origami Risk
Origami Risk empowers leaders in insurance, risk, and safety with a purpose-built, cloud-native platform that optimizes workflows for better data, better insights, and better collaboration. Through highly configurable solutions integrated on a single platform, Origami Risk supports the management of the full lifecycle of risk, from prevention to recovery — helping the experts reduce harm and loss, and respond more rapidly and effectively when it happens. Grounded in continuous innovation and a foundational focus on client success, Origami Risk is trusted by leading organizations to enable greater resilience as they build for the future. For more information, visit origamirisk.com.