Who's using what in P&C insurance: May 2, 2022

Insurance technology news from Origami Risk, Coalition, Onuu and more. (Credit: Sergey Nivens/Shutterstock)

Origami Risk partnered with Canopius USA, specialty (re)insurer. The agreement provides Canopius USA with access to Origami’s multi-tenant platform for underwriting, billing and claims administration. Origami’s single platform will support two of Canopius USA’s core propositions — its specialty domestic excess and surplus lines carrier and its Lloyd’s platform — which includes several products offered on an admitted basis via admitted carrier partners. The platform will support business written through both the delegated and open market distribution channels.

Coalition partnered with Vantage to back its U.S. excess cyber program through its Vantage Risk Specialty Insurance Company. Coalition’s Active Cyber and Active Executive Risk products combine insurance coverage with technology to help organizations assess, protect and respond to digital risk. This data-driven approach to underwriting and active monitoring of threats has resulted in Coalition policyholders experiencing 70% fewer claims than the rest of the insurance market.