Trium Cyber Selects Origami Risk Core Solution

Trium Cyber will use the multi-tenant SaaS P&C core solution for underwriting, billing and claims.

(Image credit: Daniel Falcão/Unsplash.)

Trium Cyber (Southington, Conn.), a newly established Lloyd’s services company providing cyber insurance, risk management and claims adjudication services announced it has selected Origami Risk’s (Chicago) multi-tenant SaaS property/casualty insurance core solution suite for underwriting, billing and claims administration.

Josh Ladeau, CEO, Trium Cyber.

Backed by Pelican Ventures (Coral Gables, Fla.), Trium Cyber commenced operations earlier this month. Led by Josh Ladeau, CEO, and Jeff Bores, chief underwriting officer, Trium Cyber provides cyber insurance along with complementary risk management advisory services and real-time loss mitigation services to drive rapid claims decisions, favorable loss outcomes, and to support its growth.

“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,” comments Ladeau. “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.”

Scalable Solution

“We’re delighted that Trium Cyber selected our versatile, true SaaS insurance technology solution for its underwriting, billing and claims administration,” comments Chris Bennett, president, Core Solutions, Origami Risk. “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.”

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Anthony R. O’Donnell // Anthony O'Donnell is Executive Editor of Insurance Innovation Reporter. For nearly two decades, he has been an observer and commentator on the use of information technology in the insurance industry, following industry trends and writing about the use of IT across all sectors of the insurance industry. He can be reached at AnthODonnell@IIReporter.com or (503) 936-2803.

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