4 Mindful Driving Practices: A Win-Win for Insurers and Insureds May 29, 2024 By Origami Risk In today’s economy, both insurers and insureds experience the negative impact of the high cost and lengthy repair times for cars after an accident. According to The New York Times article Why Car Repairs Have Become So Expensive, repair costs have increased 36% since 2018. This is due in part to newer vehicles’ sophisticated, computer-based … Continued
Origami Risk Recognized for Strengthening Operational Resilience by Independent Research Firm May 28, 2024 By Origami Risk Imagine your business is facing a sudden disruption — a cyberattack, a natural disaster, a critical system failure. How quickly could you bounce back? Operational resilience is the key to weathering these storms. It’s about ensuring your business is prepared and can continue operating efficiently, even amidst unexpected challenges. In the 2024 Verdantix Smart Innovators: … Continued
Centralizing Driver Qualification Files in Origami Risk May 24, 2024 By Origami Risk Written By: Michelle Huizenga After partnering with risk and safety managers responsible for fleet management at client organizations across a wide array of industries, we’re excited to announce the launch of our Driver Qualification File (DQF) functionality. We’ve found that risk managers, safety managers, HR, and operations managers must often resort to manual, repetitive tasks … Continued
5 Tips for Softening the Blow of a Personal Lines Hard Market May 22, 2024 By Origami Risk The U.S. property and casualty insurance industry has endured an unyielding hard market across business lines for several years. Strict underwriting rules and high rates continue to prevail thanks to obstacles like supply chain snags, high cost of goods and workers, catastrophic claims, and the rise in nuclear verdicts. The impacts of the hard market … Continued
Using the 2024 RMIS Report in the Search for the Right Risk Technology Partner May 13, 2024 By Origami Risk When it comes to selecting the right risk management technology solution, the journey begins with understanding what’s available. From the features and functionality to the level of support providers offer, an objective comparison is helpful. The 2024 RMIS Report serves as an excellent starting point for risk professionals looking to explore new technologies — whether … Continued
Transforming Healthcare Risk Management: Insights from Advocate Health’s Journey May 7, 2024 By Origami Risk In healthcare, where the stakes are high and the margin for error is slim, the adoption of transformative risk management practices is not just a necessity but a strategic imperative. Recently, Elsie Lindgren, RN, BSN, CPPS and current VP of Patient Safety at Advocate Health, sat down with Anooja Cannon, MS, CPHQ, of Origami Risk, … Continued
Journey to High Reliability Organization: The Role of Integrated Risk Management & Collaboration in Healthcare May 7, 2024 By Origami Risk In the intricate landscape of healthcare, patient safety stands as a paramount concern. Ensuring the well-being of patients requires a multifaceted approach, one that transcends departmental boundaries and fosters collaboration among various stakeholders. Advocate Health, a leading healthcare institution, exemplifies this collaborative spirit in its journey toward integrated risk management. Elsie Lindgren, Vice President of … Continued
Navigating the Complexities of GenAI May 2, 2024 By Origami Risk Generative AI (GenAI) has taken the world by storm, promising unprecedented efficiency gains and creative possibilities across industries. As organizations rush to capitalize on this transformative technology, risk management professionals must approach it with a strategic and cautionary mindset. While the potential benefits are immense, the inherent challenges and risks associated with GenAI cannot be … Continued
3 Ways Challenges Can Fuel Innovation for Personal Lines Insurance April 30, 2024 By Origami Risk Personal lines carriers and insureds have a lot in common these days. Both are experiencing rapid societal, economic, and environmental changes that contribute to a more tense and volatile insurance market for everyone involved. Insureds are growing warier of insurers, mistrusting their offerings while still needing them more than ever to cover rising repair costs. … Continued
Advancing Healthcare Risk Management: The Integrated Approach of Advocate Health April 22, 2024 By Origami Risk In the dynamic landscape of healthcare, the notion of risk management extends far beyond the traditional realms of patient safety. With the emergence of interconnected risks such as cyber threats, supply chain disruptions, and evolving reimbursement models, healthcare organizations face unprecedented challenges in ensuring consistent patient safety and delivering quality care without issue. In response … Continued