About Optalitix

Powering client growth

Optalitix supercharges underwriting and origination processes by creating better risk management systems. Our scalable no-code platform underwrites insurance and loans at scale, providing processes embedded with data-driven insight. Our healthcare solutions increase booking efficiency and profitability.

Who we are

We are a team of engineers, actuaries, analysts and data scientists that specialise in converting Excel spreadsheet models to code. We remove the complexity of recoding models by converting models to code automatically and connecting them to other Cloud systems.

Our platforms help clients improve business performance using insights.

This is reflected in our name, Optalitix, based on two words representing the core of what we do and the value we bring to our clients

  • Optimisation – improving business performance to get the optimal result
  • Analytics - analysing and understanding data.

Technology is at the heart of what we do at Optalitix, along with our passion for data. These are fundamential to achieving success for our clients and boosting their business performance.

We are an experienced team operating in regulated markets with a professional approach to develop and deliver products and services that add real value to our clients.

Our history

2013

Incorporated

Company founded to boost performance for insurance and banking clients by harnessing the emerging computing power of the Cloud.

2014

First SaaS product built

Original Optalitix Models product developed and deployed by Vitality, delivering a big uplift in their sales

2015

First banking client and first industry award

First banking client (United Trust Bank) signed up for their new mortgage product. Won Insurance Post award for data services with Vitality.

2018

Selected for Accenture Accelerator

Won entry to the Accenture Fintech Innovation Lab, our first accelerator and further validation of our product for the insurance market.

2019

Investment from banking sector

Initial investment into Optalitix by United Trust Bank to grow.

2022

Raised Series A Funds

Raised investment from Calculus Capital and 24Haymarket to enable growth spurt into the UK insurance market. Recognised as Finalist in Banking Tech Awards.

Senior Leadership Team

Jon Shapiro
Founder Director
Founder Director
Dani Katz
Founder Director
Founder Director
Alistair King
COO
COO
Ashter Chomoko
CTO
CTO
Alexander Crawford
Non-Executive Director
Non-Executive Director
Paul Hewitt
Non-Executive Director
Non-Executive Director
Graham Davin
Chairman
Chairman

Our investors

United Trust Bank

United Trust Bank (UTB) is a dynamic and thriving specialist bank that has been helping UK savers since 1955 with a range of rewarding fixed term and notice deposit accounts for individuals, educational institutions, businesses and charities. UTB also provides a wide range of regulated and unregulated secured funding facilities for individuals and businesses and is the lender of choice for commercial finance brokers, property developers, investors and individuals seeking a high quality, bespoke service and a reliable source of funding through the economic cycle. 

Calculus

Calculus created the first UK approved EIS fund in 1999. They have built a strong reputation as an investor in EIS and VCT Qualifying Companies through their multi-award-winning Calculus EIS Funds and the Calculus VCT. Their focus on capital appreciation, a diligent investment and monitoring process and their record of profitable exits distinguishes them from other EIS and VCT fund managers.

24Haymarket

Distinguished by the calibre and engagement of the 24Haymarket Investor Network. They follow a strict investment thesis with a focus on verticals in the nascent stages of high growth where they can leverage proprietary insight from their Investor Network.

Partnerships and awards

Insurtech100
2022
Insurance Post Data 2015
Insurance Times Award 2022
Insurance Post Finalist 2018
Capgemini EFMA
2021
Lloyd's Lab Partner
Google Cloud Partner
GoCompare Discovery Platform

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