Origami Risk, a software-as-a-service (SaaS) technology firm specializing in risk, safety, and insurance solutions, has launched a new cloud-native core solution called Direct Deploy for MGAs. This offering aims to provide smaller and startup managing general agencies (MGAs) with a faster, more accessible, and economical method for implementing core functionality, thereby accelerating policy rollouts and go-to-market strategies.
Designed specifically for MGA startups and firms with less than $100 million in direct written premium, Direct Deploy for MGAs is a fully functional core solution that enables agencies to become operational within weeks. Chris Bennett, Head of Strategy at Origami Risk, highlighted the importance of technology for MGA success, stating, “As the steady growth of MGAs continues to redefine the commercial insurance marketplace, technology is a key driver of their success and sustainability.” He added that the solution, developed from experience with numerous MGA clients, offers rapid deployment and the versatility and scalability needed to support business growth.
The streamlined approach of Direct Deploy for MGAs includes several features designed to optimize efficiency and ease of use. These include a structured requirements-gathering process to quickly understand business needs while adhering to industry best practices, and predefined sprint plans with clear timelines. The solution also provides standardized resourcing and staffing plans, allowing MGA teams to concentrate on other strategic business areas.
Its “grow-with-you pricing” model enables clients to begin with essential functionalities and expand over time without requiring a platform migration. Users also receive a comprehensive guide to facilitate upfront education and maximize system adoption. Out-of-the-box functionalities, such as preconfigured transaction forms, integration capabilities with external raters, and a standard database, equip MGAs with necessary tools from day one. This new offering builds upon Origami Risk’s existing suite of highly configurable, fully integrated insurance solutions for MGAs.
