EmPRO, an insurance company specializing in liability insurance for physicians and healthcare facilities, expects to save time and improve efficiency by using the Origami Risk SaaS platform to handle policy, billing and claims processes.
With the Origami Risk platform, EmPRO will be able to upgrade its operations without four to six months of testing and stay current using simple implementation, according to Brian Nolan, chief operating officer, EmPRO Insurance.
EmPRO will be able to apply new rates to policies without paying service providers for updates, implement new forms and reports as needed, implement new underwriting programs, and also set up new business and renewals without provider assistance, Nolan said in a written response to questions.
EmPRO is the 13th ranked insurer of its kind in the U.S. and earns about $176 million in premiums annually, as of March 2023, according to the National Association of Insurance Commissioners.
In addition to easy upgrades and the ability to conduct new business without development help, Origami Risk is providing EmPRO with real-time KPIs in the form of operational views of live data, stated Mike Kaplan, president of core solutions at Origami Risk, in a written response to questions. Origami Risk's platform is scalable and consolidates all the necessary operational functions for the insurer into one platform, he added.
The platform also provides reporting and analytics, a content management solution and digital engagement for all internal and external stakeholders. It has functions geared specifically to the requirements of medical professional liability insurers.
