SOURCE: OnRisk Inc.

OnRisk

October 29, 2015 09:00 ET

OnRisk Rolls Out Data Export-Import Facility to Enhance Jigsaw Tower™

New Features Link OnRisk's Beta Product to Industry Spreadsheet Data

PRINCETON, NJ--(Marketwired - October 29, 2015) - Re|insurance tech startup, OnRisk, today announced the rollout of a data export-import facility to support its initial placement product, Jigsaw Tower™. OnRisk's web application utilizes 'computer-aided risk transfer' to transform the commercial re|insurance placement process into a graphical, intuitive and visually-appealing online experience for a broker. OnRisk is offering free trial subscriptions on a limited basis to qualified commercial insurance, wholesale and reinsurance brokers operating in the global re|insurance market.

Addition of the data export-import facility will enable OnRisk's clients to upload pre-existing companies and programs from spreadsheets to the web application; distribute placement data for external client review; export bound coverages and premiums to back-office processing systems; or back up business data by clicking once to download the application database.

Explaining OnRisk's latest initiative, Frank Sweeney, OnRisk CEO, commented, "Data migration challenges often slow the adoption of innovative cloud technology. By enhancing Jigsaw Tower™ in this way, we are demonstrating our commitment to deploy technology that supports speedy, inexpensive data transfer to and from our web applications." OnRisk COO John Kelley added, "We're excited to be making it easier for brokers to generate additional value from their existing data."

For more product information, please click on www.onrisk.com.

About OnRisk

OnRisk is a re|insurance tech startup launched in May 2015 to develop cloud-based software services for the $800bn global P&C commercial re|insurance industry. OnRisk placement solutions allow brokers, buyers and markets to visualize complex, high-value risks, and speed their placement in the global market. Visit www.onrisk.com to learn more about OnRisk.

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