Trium Cyber, a Lloyds’ services company providing cyber insurance, risk management and claims adjudication services, has partnered with Origami Risk.
Backed by Pelican Ventures, Trium Cyber commenced operations earlier this month. Led by Josh Ladeau, CEO, and Jeff Bores, chief underwriting officer, Trium Cyber provides cyber insurance. The US-based company also provides complementary risk management advisory services and real-time loss mitigation services.
Origami Risk offers a full suite of end-to-end, integrated SaaS solutions for policy, rating, billing, loss control and claims administration, reporting and analytics, along with a comprehensive digital engagement experience for all internal and external stakeholders.
The partnership will see Trium Cyber leverage Origami Risk’s multi-tenant SAAS P&C insurance core solution suite for underwriting, billing and claims administration.
Origami has also been working in collaboration with Trium Cyber’s team to develop the service company’s core platform.
Ladeau said, “Given the strong market demand for our innovative cyber-risk solutions, we positioned Trium Cyber to hit the ground running with our launch this month. Origami’s ability to respond quickly to our specific needs and fast-track the implementation of its core solution suite provides us a sound platform on which to operate.”
Chris Bennett, president, Core Solutions at Origami Risk, added, “We’re delighted that Trium Cyber selected our versatile, true SaaS insurance technology solution for its underwriting, billing and claims administration.
“It’s been a pleasure working in close collaboration with their team to create a scalable solution that provides the tools and functionality that meets Trium’s needs now and well into the future as they expand their product set, build-out their distribution network and grow their client base.”
Earlier this month, Goodville Mutual Insurance Group selected Origami Risk’s platform to drive speed, efficiency and facilitate growth across its expanding commercial and personal property and casualty insurance programmes.
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