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ITA Pro Weekly, April 17,2020

COVID-19 impact on workers’ comp, Kin/Cape Analytics partnership, Origami’s new virus tools for healthcare, and more…

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Hot off the presses!
COVID-19 has dramatically changed the workers’ compensation landscape, with declining payrolls, delayed return to work, more death claims among healthcare workers and first responders, and an inability of workers’ comp patients to access needed care, according to a new survey by Health Strategy Associates LLC.

"As an industry and organization we have to be careful about applying 'industry rules' in a situation that is unique and has never happened before...we need to re-engineer ourselves for this time and make sure we don't do anything that ultimately could tarnish your brand because you didn't do the right thing.
 

Cape Analytics has announced that Kin Insurance – a fully licensed home insurance technology company that provides easy, affordable coverage to homeowners in catastrophe-prone regions – has expanded its partnership with Cape Analytics. By utilizing Cape Analytics for remote risk assessment, Kin is continuing to write policies and serve customers, while maintaining social distancing rules that keep customers and employees safe.

“Our platform is built from the ground up to seamlessly integrate industry-leading sources of data, which is exactly what Cape Analytics provides. As a result, we can leverage our machine learning prediction framework to instantly assess risk and customize coverage and prices through our super simple online experience,” said Blake Konrardy, VP of Product at Kin.

 

Origami Risk, risk, safety and insurance Software as a Service (SaaS) technology firm, has introduced four online solutions to help hospitals, healthcare systems, physician groups and other healthcare organizations manage the various challenges and elevated risks they face during COVID-19 pandemic.

“These new tools supplement the extensive existing capabilities of Origami’s integrated healthcare risk management platform,” said Bill Schwacke, senior sales executive - Healthcare at Origami Risk. “For the past several years, a growing number of healthcare risk managers, executives, administrators, professionals and staff at all levels has been using the various tools and resources on Origami’s platform to support their efforts to elevate care, enhance quality, reduce risk and drive efficiencies across all areas of their enterprise. These new solutions are designed specifically to help them address issues arising from this pandemic.”

 
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