Aurenity, a rapidly growing MGA specializing in Excess and Surplus lines, receives thousands of submissions a month from brokers via email. Heron automatically ingests a packet of documents (ACORD forms, loss runs and supplemental applications etc.), extracts key data for underwriting (e.g. Named Insured’s Business Address) and instantly syncs to Aurenity’s system of record, Origami Risk, for quoting and binding.
Heron’s automated AI-driven solution is driving toward faster quote turnaround times, reduced risk of human error and ultimately increasing Aurenity’s submit to quote rate.
Businesses like Aurenity choose Heron when they are facing rapid expansion and need to scale operations accordingly. Heron’s automated solution saves on average 10 minutes per document, quickly compounding into material time saved and less reliance on hiring additional FTEs as the business scales.
“The most friction in our process is when a submission comes in from an email. We spend a lot of time and energy combing through the information, filling in the gaps and then getting it all into our system for quoting and binding. Heron has proven the ability to accurately process this data and we’re really excited about the efficiency this will bring to our business. As we look to the future there are many efficiency opportunities we have identified that Heron will be able to help us with to accelerate our business” - Patrick Safino, COO of Aurenity
About Aurenity
Aurenity is blending market leading talent with cutting edge underwriting analytics to create a new MGA for the E&S market. Founded by underwriting experts with a common interest in innovation, our team shares over a century of experience at top tier carriers. Harnessing our sophisticated ‘Augment™’ risk models, our underwriters have access to better data and smarter analytics to deliver cross cycle profit for our partners. Aurenity, where expertise meets innovation. Learn more at www.aurenity.com
About Origami Risk – Core Solutions Division
Origami Risk provides integrated SaaS solutions that simplify insurance, risk, and safety for insurers, managing general agents (MGAs), program administrators, third-party claims administrators (TPAs), risk pools, brokers and more. Origami Risk delivers its highly configurable and completely scalable integrated insurance core system, risk management and safety solutions from a secure, multi-tenant platform accessible via web browser and mobile app. Visit origamirisk.com or contact Origami at info@origamirisk.com.
