Origami Risk
Origami Risk sells a cloud native platform spanning risk, safety, insurance and compliance operations. Its breadth lies in buyer type rather than insurance depth. The estate runs across a risk management information system, governance risk and compliance, environment health and safety, healthcare integrated risk management, and a property and casualty insurance core covering policy administration, billing, claims administration and underwriting, all delivered from one platform and one data model. The buyer set is correspondingly wide, taking in insurance carriers, third party administrators, brokers and managing general agents alongside the organizations that carry their own risk, including government, healthcare, construction, manufacturing, energy and retail, and the risk pools that serve them.
AI arrives as capability distributed through that platform rather than as a product line. The Q2 2026 release, announced 7 July 2026, introduced an Origami AI Tile allowing AI powered actions to be embedded into workflows through drag and drop composition, alongside a next generation administration console, no code tools for visually designing, managing, monitoring and deploying workflows, and a Marketplace for discovering integrations, partner solutions and workflow accelerators. Origami AI Analytics performs analysis inside the risk management information system to surface trends from real time reporting, and an AI assisted data center handles validation and transformation.
The most substantive insurance specific AI work is Insurance Program Management, announced 15 June 2026 and delivered inside the risk management information system as an end to end system of record for policies, placements, quotes, endorsements and program analytics. Its central claim is extraction: bringing policy information out of portable documents, spreadsheets and broker systems into structured usable form, then connecting it to claims, exposure and total cost of risk data. The company positions this as removing both manual data entry and the need for what it describes as expensive third party vendors.
Public positioning on AI is short and control oriented, describing it as private, configurable and secure, with the customer staying in control.
Independent recognition includes leader placement in a 2025 sustainability software quadrant and market leading placement in a 2026 independent report on risk management information systems, which cites scalable architecture, breadth across claims, risk, policy and safety, and continued investment in analytics, automation and AI.
Founded in 2009 by industry veterans and headquartered in Chicago, Illinois, the company has grown to roughly 900 to 965 employees serving more than 1,000 organizations globally. It is privately held, with Spectrum Equity its only outside investor since March 2018.
Capability Axes
Capability grades
15 of 15 axes rated · 4 graded A or B
AI arrives as a tile dropped into a no code workflow, and a unified system of record across risk, safety and insurance loses nothing if the tile is never placed. Policy extraction in the insurance program product leans on models, yet even there it is a faster route into the system of record than typing.
Customers stay in control, always, says the positioning, while AI actions dragged into a workflow execute whenever the workflow runs rather than when a person approves. Control over configuration is a different guarantee from control over execution, and no published approval step or human review component separates them.
Extraction turns policy documents, spreadsheets and broker data into a structured record that looks authoritative, so an error flows into renewal decisions and total cost of risk reporting unnoticed. No accuracy, confidence scoring or human verification step is published for it.
More than 1,000 organizations and a 17 year history are corroborated by the company's investor and private market trackers, and two independent analyst placements from 2025 and 2026 add outside recognition. Yet no customer is named anywhere, and no capability has a quantified outcome such as time saved or cost avoided.
Private, configurable and secure is the entire published AI position, with no policy, data handling statement or model documentation behind it. Whether client data trains any capability, or one client's claims inform capability delivered to another, is never addressed.
Workers compensation and liability claim records carry injury and medical detail about individual claimants, and safety records name employees and their chemical exposure. The company publishes no privacy policy for client or claimant data, data processing agreement or retention schedule covering either category.
Undated trade coverage describes SOC 1 Type II and SOC 2 Type II reports, plus penetration testing and intrusion detection. Nothing on the company's own surfaces backs this up, with no trust center or certification statement, so the reports and their dates are unconfirmed.
Third party administrators and public entity risk pools are examined at state level on claims handling, so this software sits inside an examined process without being examined itself. Its own posture points at clients' compliance, and it neither claims a license nor addresses any AI regulation.
A company marketing governance software to risk professionals publishes no responsible AI statement, bias testing or model card for its own models. Analytics across claim populations can encode patterns that disadvantage classes of claimant, and nothing published shows any of it is tested.
Injured claimants are not the customer, and nothing published gives them notice that a model shaped their claim or a route to contest it. Between vendor and client, liability for a mis extracted term that leaves a program under insured at renewal is allocated nowhere.
Provider, model family and hosting arrangement are all undisclosed across the workflow tile, analytics and policy extraction. Without knowing whether models are built in house or licensed in, a buyer cannot judge concentration risk or behavior changes mid contract.
Five solution families share one platform and data model, so policy and placement data reaches claims and exposure analytics without a transfer between systems. A Marketplace for integrations arrived in 2026, but no interface documentation or integration count is published.
A major cloud provider is named as host only in third party coverage, unconfirmed by the company's own surfaces, and regions, residency and tenancy are unpublished. Government and public entity clients often write data location into procurement, which makes the gap more than a formality.
Quotes are by contact only, while the insurance program capability is pitched as removing the need for expensive third party vendors, a competitor's cost made part of the pitch with none of its own disclosed. Whether the AI capabilities released in 2026 are included for existing clients or licensed separately is never said.
Both sides of risk transfer are served, from carriers and managing general agents to self insured corporates and public entity risk pools, which few insurance platforms treat as first class buyers. The insurance capability itself covers property and casualty only, with no life or annuity presence.
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The index publishes no overall score or ranking. See what we assess and the methodology.
Pricing
Vendor-published figures are labeled as such. Figures labeled “Estimated” are derived from third-party sources and have not been confirmed by the vendor.
| Entry Price | Pricing Basis | Data Protection Terms | Implementation | Source |
|---|---|---|---|---|
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Not published. Contact for quote across all solution families, with no price, unit of billing, tier or contract term on any vendor surface
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Not published on any vendor surface. The platform spans a risk management information system, governance risk and compliance, environment health and safety, healthcare integrated risk management and a property and casualty insurance core covering policy, billing, claims and underwriting, and nothing published indicates whether charging follows modules, users, claim volume, premium under management, covered locations or a platform subscription. The buyer set spans carriers, third party administrators, brokers, managing general agents, self insured corporates and public entity risk pools, whose economics differ enough that a single basis is unlikely, and nothing published describes how the model varies across them. | No tiered data protection terms are published. Third party trade coverage describes SOC 1 Type II and SOC 2 Type II reports and adherence to the federal control baseline. It also reports intrusion detection and prevention, penetration testing and encryption. There is no trust center or security page on the company's own surfaces to confirm any of it or establish dates. That gap matters because of what the platform holds. Claims administration for third party administrators and risk pools brings claimant injury and medical detail into the system. The safety and chemical estates bring named employee exposure records, and healthcare integrated risk management brings a client base with its own patient information obligations. No published data protection commitment addresses any of those categories, and there is no data processing agreement, retention schedule or subprocessor list. | No implementation, configuration or professional services fee is published, and the company's positioning treats implementation friction as the thing it removes rather than the thing it charges for, describing a secure and scalable way to manage claims, workflows, data and compliance without the friction of complex implementations, and offering support from onboarding through ongoing optimization. The 2026 release moved further in that direction by putting configuration in client hands, with a standalone administration console described as simplifying platform management through self service, and a no code environment for visually designing, managing, monitoring and deploying workflows without engineering involvement. A specialist team is described as advising during deployment, so the function exists and is unpriced. Nothing published states a typical implementation duration, a professional services rate, or what a migration onto the platform involves for an organization replacing an incumbent risk management information system. | Vendor Published |
No price, unit or tier is published on the company's site, newsroom or product update pages, or in third party coverage, and the model is contact for quote. Independent review content reads that as enterprise pricing configured per client rather than published tiers. It treats it as indicating a solution aimed at large organizations with complex requirements and budget to match, which is inference from the sales model rather than disclosure.
The company is privately held, founded in 2009, with Spectrum Equity its only outside investor since March 2018. No financial reporting fills the gap, and revenue figures circulating on data aggregators are third party estimates rather than reported results. How a platform spanning five solution families is packaged and charged is unpublished. So is whether the AI capabilities released during 2026 carry separate terms, and how the marketplace introduced in the same release prices partner solutions and workflow accelerators.