Origami Risk announced it has acquired Chicago, Illinois-based Dais Technology, a provider of no-code insurance technology. The acquisition increases Dais’ market reach and client support capabilities and expands Origami’s innovative suite of property and casualty insurance solutions for managing general agents (MGAs), insurers and reinsurers. Terms of the transaction were not disclosed.
Dais will operate as a subsidiary of Origami and will continue to be led by its co-founders Jason Kolb, Aaron Larson and Milos Dedovic.
Founded in 2016, Dais Technology offers a SaaS insurance platform with API connectivity for streamlined policy handling, product management and sales. The open platform enables superior speed-to-value with minimal upfront implementation and the ability to create new insurance products in weeks.
The addition of Dais’ no-node technology enhances Origami Risk’s existing suite of end-to-end, integrated SaaS solutions for policy, rating, billing, loss control and claims administration, reporting and analytics. Origami’s insurance software solutions also facilitate a comprehensive digital engagement experience for all internal and external stakeholders.
Topics Mergers & Acquisitions Tech Illinois
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