Origami Risk, the industry-leading risk, safety and insurance Software as a Service (SaaS) technology firm, has launched a new cloud-native core solution that makes it dramatically faster, easier and more economical for smaller and startup managing general agencies (MGAs) to implement core functionality and accelerate policy rollouts and go-to-market strategies.

“As the steady growth of MGAs continues to redefine the commercial insurance marketplace, technology is a key driver of their success and sustainability,” said Chris Bennett, Head of Strategy, Origami Risk. “Drawing from our work with dozens of MGA clients, we developed a solution that gives them the ability to be fully up and running within a matter of weeks, along with the versatility and scalability to address their needs efficiently as they build their business over time.”

Designed for MGA startups and those with less than $100 million in direct written premium, Origami’s Direct Deploy for MGAs is a fully functional core solution that enables MGAs to be fully operational within weeks. Its streamlined approach provides:

• A structured requirements-gathering process to facilitate rapid understanding of business needs while maintaining industry best practices.
• Predefined sprint plans with clear timelines and schedules to optimize efficiency.
• Standardized resourcing and staffing plans that free MGA teams to focus on other strategic aspects of the business.
• “Grow-with-you pricing” that enables clients to start with essential functionality and grow over time, without having to migrate to a new platform.
• Comprehensive user guide, which provides upfront education and preparation to maximize system adoption.
• Out-of-the-box functionalities such as preconfigured transaction forms, integration with external raters, and a standard database to equip MGAs with the essential tools they need from day one.

Origami Risk’s Direct Deploy offering builds on the firm’s extensive insurance solutions for MGAs available on a highly configurable, fully integrated platform.