Spectrum Equity, a private equity firm, provides capital and strategic support to internet, software, and information services companies. Spectrum seeks to invest in companies with defensible and sustainable business models. The investment firm was founded in 1994 by Brion B. Applegate and William P. Collatos and is based in San Francisco, California, United States.

Spectrum Equity

Origami Risk

Origami Risk is a leading provider of integrated SaaS solutions for the risk and insurance industry—from insured corporate and public entities to brokers and risk consultants, insurers, third party claims administrators (TPAs), and risk pools. Highly configurable and completely scalable, Origami Risk delivers a full suite of risk management and insurance core system solutions from a single secure, cloud-based platform accessible via web browser and mobile app.

Origami Risk Recognized in the 2024 Gartner® Magic Quadrant™ for SaaS P&C Core Platforms, North America

InsurTech: Infrastructure

Providers of general, yet comprehensive, end-to-end solutions for insurance companies, covering various aspects of their operations. This includes core systems for policy administration, underwriting, claims processing, billing, and customer relationship management

Specialized platforms that offer lead generation and management services and tools for insurance providers. Tools can include telemarketing, internet, and social media lead generation, referrals, and lead analytics

Underwriting platforms that evaluate risks related to life insurance, health insurance, and related products such as disability and critical illness coverage. They may utilize medical underwriting criteria, genetic information, lifestyle factors, and demographic data to assess applicants' insurability

Platforms that specialize in assessing risks associated with property and casualty insurance, including home, auto, commercial property, and liability coverage. They may incorporate data sources such as property valuations, historical claims data, telematics, and weather patterns to evaluate risk factors accurately

Specialized platforms that streamline and automate claims processing workflows, from initial claim submission to settlement. They may offer software for claims intake, adjudication, fraud detection, and communication with policyholders and third-party service providers

Policy administration systems that focus on managing policy lifecycle activities, including policy issuance, endorsements, renewals, and cancellations. They provide insurers with tools to configure and manage policy rules, coverage options, and premium calculations. Platforms can also have additional functions for commission and performance tracking

Reinsurance technology providers offer a range of innovative tools and services to support reinsurers in managing their operations, assessing risks, and optimizing their reinsurance strategies. These solutions may include advanced analytics, catastrophe modeling, risk assessment tools, portfolio management systems, and underwriting platforms specifically designed for the reinsurance industry

New insurance models are disrupting a centuries-old industry with a focus on personalization and convenience

InsurTech: Personal Lines

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<div>
 <ul>
  <li><p>Origami Risk, a risk management SaaS company, along with its subsidiary Dais Technology, a developer of insurance software and GenAI solutions, launched a first notice of loss claims integration (FNOL) solution for managing general agents (MGAs) and insurance carriers.</p></li>
  <li><p>The solution combines the no-code conversational API features of Dais with Origami's API functionality, offering carriers and MGAs a competitive edge in speed-to-market and operational efficiency using a fully customizable interface for claims FNOL.&nbsp;</p></li>
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Origami Risk and Dais Technology have launched a first notice of loss claims integration solution for managing general agents and insurance carriers. The solution brings together Dais' no-code conversational API features with Origami's API functionality, providing carriers and MGAs with a customizable interface for claims FNOL. This integration aims to enhance speed-to-market and operational efficiency for insurance companies. <p><b>Analyst QuickTake: </b> Origami <a href="https://sp-edge.com/updates/21885"> acquired Dais Technology </a> in September this year, with the goal of integrating the core capabilities of both companies to deliver enhanced products and services tailored to MGAs, insurers, and reinsurers. This FNOL integration marks the initial step in their collaboration.</p>

Origami Risk

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