Trium Cyber, a Lloyd’s services company providing cyber insurance, risk management, and claims adjudication services, has launched an excess cyber program powered by Origami Risk’s multi-tenant SaaS P&C insurance core solution suite.
Through this collaboration, the firms aim to speed first phase of tech implementation in three months; primary cyber underwriting, claims admin tools to follow.
Trium Cyber can now accept submissions from agents and brokers and quickly generate multiple quote options for excess cyber coverage.
Origami’s functionality streamlines the underwriting process, enabling Trium Cyber to elevate decision-making when necessary and to provide core functionality for policy bind, issuance, and billing.
Furthermore, integrations with additional resources help facilitate certain business processes and tax compliance, the firm explains.
Trium Cyber’s multi-phased implementation of its primary and excess cyber lines with Origami, will include capabilities for streamlined claims handling.
Besides delivering speed-to-value, the incremental approach gives Trium Cyber quality control functionality across its underwriting and claims operations.
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