OnRisk

What OnRisk does

OnRisk is a privately-held insurtech company founded in 2015 by Frank Sweeney and John Kelley, headquartered in Princeton, NJ with a secondary office in Palo Alto, CA. The company develops ViziRisk™, a cloud-based platform that uses a CAD-style, two-dimensional graphical user interface to enable visual risk structuring (VRS) of complex, high-value property and casualty (P&C) risk arising from natural catastrophes, cyber threats, terrorism, mass torts, credit defaults, and other large-scale exposures. The platform is composed of a core ViziRisk™ editor plus four branded modules — Jiziard Tower™, Distribution Tree™, Geo Distribution Tree™, and a Data Import/Export facility — that together cover multi-carrier quote assembly, risk-transfer visualization, geographic/jurisdictional tracking, and back-office data exchange.

OnRisk serves three primary buyer personas: corporate risk managers who need to structure and place complex P&C exposures, insurance and reinsurance brokers who assemble quotes and coverages from multiple markets, and carriers/underwriters who participate in layered risk towers. The company goes to market through direct enterprise field sales — offering scheduled product demos and pilot project engagements via email and office visits — and explicitly accommodates international schedules, indicating a global enterprise target audience. Pricing is not publicly disclosed and is quote-based.

The company makes money through subscription or annual licensing of its cloud-based platform to risk advisors, brokers, underwriters, and corporate risk managers. Its IP base includes U.S. Patent No. 8,326,730 covering re|insurance services technology (originally granted to CATEX International in 2012, with Frank Sweeney as named inventor), and registered trademarks covering the ViziRisk™, Jigsaw Tower™, Distribution Tree™, and Geo Distribution Tree™ product lines. Operating with 1–10 employees and no publicly disclosed funding rounds, the company remains in an early commercial stage, supported by a senior advisory bench that includes the CTO of SAP/Concur and a former Dillon Read / Greenbridge Capital executive.

Name

OnRisk

Legal name

OnRisk, INC.

Website

https://onrisk.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

1–10 employees

Short description

OnRisk is a privately-held insurtech firm that sells the ViziRisk™ cloud platform, a CAD-style graphical toolkit for structuring and placing complex, high-value property and casualty risk, serving corporate risk managers, brokers, and underwriters via direct enterprise sales.

Ownership category

akta.pro rank

Product category

Insurance Technology (Insurtech) Software

NAICS

Custom Computer Programming Services (541511), Computer Systems Design and Related Services (5415)

SIC

Services-Computer Programming Services (7371), Fire, Marine & Casualty Insurance (6331)

akta.pro primary industry

Technology / IT Services BOP (FSAJAFAK)

Keywords

• Insurance risk structuring
• Reinsurance placement software
• Property and casualty analytics
• Visual risk structuring platform
• Enterprise insurtech software

Headquarters

HQ city

Princeton

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations

Revenue model

1. Platform Software Licensing: OnRisk offers its ViziRisk™ platform technology for commercial adoption. Based on the enterprise-focused sales model (product demos, pilot projects), revenue is generated through software licensing, likely on a subscription or annual contract basis for the cloud-based platform used by risk advisors, brokers, underwriters, and corporate risk managers.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

OnRisk sells the ViziRisk™ cloud-based platform, a CAD-style graphical toolkit that introduces visual risk structuring (VRS) for the placement of complex, high-value property & casualty (P&C) risk. The platform is sold to enterprise risk advisors, brokers, underwriters, and corporate risk managers via direct sales, demos, and pilot projects, and includes companion applications such as Jigsaw Tower™, Distribution Tree™, Geo Distribution Tree™, and a Data Import/Export facility.

Product overview

OnRisk offers a cloud-based platform technology called ViziRisk™ that delivers a CAD-style, graphical, interactive toolkit for the structuring and placement of high-value property & casualty (P&C) risk. The platform consists of multiple integrated applications: ViziRisk™ serves as the core platform providing visual risk structuring (VRS) capabilities through a 2-D graphical user interface. Jigsaw Tower™ is a graphical risk editor enabling brokers to assemble quotes from multiple markets into unified programs. Distribution Tree™ allows visualization of risk transfers from buyers through brokers to carriers. Geo Distribution Tree™ extends this with geographic risk location mapping. Data Import and Export provides spreadsheet integration and back-office connectivity. These applications work together to serve corporate risk managers, ceded reinsurance specialists, and brokers with an intuitive view of complex risks.

Differentiator

Problem solved

Functional benefit

Brands

• ViziRisk™: A CAD-style graphical, interactive toolkit application for structuring and placement of high-value property & casualty (P&C) risk.
• Jigsaw Tower™
• Distribution Tree™
• Geo Distribution Tree™

Products and services

• ViziRisk™ A digital platform technology providing visual risk structuring (VRS) capabilities for structuring and placing complex high-value property & casualty risk arising from natural catastrophes, global warming, cyberthreats, terrorism, mass torts, and credit defaults. Sold to enterprise risk advisors, brokers, underwriters, and corporate risk managers via direct demos and pilot projects.
• Jigsaw Tower™ A graphical, intuitive online application enabling brokers, buyers, and markets to assemble quotes and coverages from multiple markets into a unified program, with risk sharding tools, carrier selection, layer pricing verification, and complex subscription program design with real-time business metrics.
• Distribution Tree™ An application that enables clients to represent and analyze risk transfers from buyers, through brokers, to carriers, allowing users to review placement status and analyze alternative distribution strategies without email chains or spreadsheets.
• Geo Distribution Tree™ An application extending Distribution Tree™ by providing geographic snapshots of risk locations and global distribution networks, highlighting jurisdiction information for enhanced tracking of policy regulatory status by party and jurisdiction.
• Data Import and Export A data import-export facility enabling 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, and back up business data by downloading the application database.

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Recent moves6 records

Expansion highlights4 records

Regional players

• Prima Solutions: Prima Solutions provides SaaS core insurance and reinsurance platforms with strong adoption across European insurers and reinsurers. It serves a comparable buyer segment to OnRisk in European reinsurance markets where OnRisk's international scheduling ambitions are directed.

Broad incumbents

• Majesco: Majesco offers cloud-based core insurance software, analytics, and digital solutions for P&C and life insurers. It serves the same mid-to-large P&C carrier market that OnRisk targets with its placement platform.
• Insurity: Insurity delivers software and analytics solutions to P&C insurers, MGAs, and brokers, including policy administration, claims, and analytics. Its installed base among carriers and MGAs overlaps directly with OnRisk's target buyer set.
• Duck Creek Technologies: Duck Creek provides a SaaS core insurance suite for P&C carriers covering policy, billing, and claims. It operates broadly across the same P&C insurance ecosystem where OnRisk positions its placement and distribution applications.
• Guidewire Software: Guidewire is the leading core systems platform for P&C insurers, providing policy administration, claims, and billing used by the majority of large carriers. It serves the same enterprise P&C buyer base and could plausibly extend into visual risk structuring as a feature module.
• Sapiens International: Sapiens provides core insurance software solutions for property & casualty, life, and reinsurance markets globally. Its reinsurance offerings compete with OnRisk's Jigsaw Tower™ and Distribution Tree™ at large reinsurance carriers.

Emerging players

• Cytora: Cytora is a digital risk platform that applies data and AI to commercial insurance underwriting and risk selection. It targets the same commercial insurance broker and carrier buyer base as OnRisk with a different but adjacent workflow.
• Roots Automation: Roots Automation builds AI-powered digital workers for insurance back-office operations including submission intake, policy servicing, and claims. It targets the same insurance enterprise buyer base OnRisk reaches but in adjacent workflow automation rather than placement visualization.

Direct peers

• Origami Risk: Origami Risk offers a comprehensive risk management and insurance platform used by insurers, brokers, and corporate risk managers for placement, tracking, and analytics. It targets the same P&C risk-manager and broker buyer base as OnRisk with a broader workflow suite.
• Tremor Technologies: Tremor provides a programmatic reinsurance placement platform that helps cedents and brokers design, price, and place reinsurance risk in a digital workflow. It directly competes with OnRisk's ViziRisk™ and Jigsaw Tower™ offerings in the reinsurance risk-placement category.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/pub/john-kelley/8/4a5/a27
• Xx.com/onriskinc

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about OnRisk