Insights

Listening to the Market: Why Understanding Our Clients Is Our Greatest Innovation

The Power of Listening: Too often, technology companies build first and listen later

Optalitix and Pool Re Win Insurance Technology Provider of the Year

Celebrating Excellence in Insurance Technology

Where Is the Smart Money in Reinsurance Right Now?

Insights from Monte Carlo 2025: A Hard Market with Strong Performance - Reflects the discussion of record profits, combined ratios, and resilient returns.

Optalitix to Exhibit at GIRO

Join us on 19- 21 November at ACC, Liverpool

Optalitix now delivers powerful pricing and analytics features for reinsurers

Optalitix Quote now empowers reinsurers with advanced pricing, claims modelling, and analytics tools to boost efficiency, accuracy, and risk insight

Reinsurance Pricing. Reinvented.

Optalitix unifies and streamlines pricing, quoting, and risk analysis

Optalitix to Exhibit at RVS 2025

Join us on 6- 10 September at Fairmont, Monte Carlo

Optalitix and Pool Re Finalists in the 2025 Insurance Times Tech and Innovation Awards

Celebrating Innovation in Underwriting Excellence

Optalitix and Pool Re Finalists in the 2025 Insurance Post British Insurance Technology Awards 2025

Celebrating Innovation in Underwriting Excellence

Optalitix and Pool Re Finalists in the 2025 Insurance Insider Honours

Celebrating Innovation in Underwriting Excellence

Optalitix and Avoca Risk Forge Strategic Partnership to Transform Cloud Rating Engines

Delivering Real-Time Rating Capabilities with Optalitix Model

Optalitix to Exhibit at MGAA Conference 2025

Join us on 3rd July at Old Billingsgate

Optalitix Unveils Game-Changing Model Monitoring to Revolutionise Insurance Pricing

Optalitix announces a significant upgrade to its flagship product, Optalitix Models, with the launch of a powerful new feature: Model Monitoring

Optalitix to Exhibit at Re-insurance Outlook Europe

Join Us on 24-25 June

The Optalitix Newsletter: Spring 2025

Explore the latest industry news and events in our Spring Newsletter - your inside track on the fast-evolving insurance landscape.

Frequency‐Severity Modeling in Commercial Insurance

Transforming complexity into clarity in technical pricing

Optalitix Partners with SortSpoke to Revolutionise Underwriting with AI-Powered Document Processing

AI Integration Automates Data Extraction and Accelerates Quote Generation

Optalitix partners with CannGen to revolutionise underwriting for a fast-growing industry

A Strategic Alliance to Digitise Pricing Models and Streamline Operations Across North America and Europe

Transforming Pool Re’s Reinsurance Scheme with Optalitix Quote

Revolutionising Treaty and Claims Management in only 6 Months

Optalitix to Exhibit at ITC Europe 2025 in Amsterdam

Join Us at Stand No. 36 – 21–22 May

Optalitix and Go.Compare to Exhibit at BIBA 2025

Visit Us at Stand F79 – 14–15 May, Manchester

Optalitix and Pool Re Shortlisted for Digital Insurance Innovation of the Year

Recognising Innovation at the British Insurance Awards 2025

The California Wildfires: An industry-defining event

Explore how the California wildfires have become a turning point for the insurance industry. Learn how insurers are adapting through advanced data analytics, risk modelling, and technology.

Meet Optalitix at Insurtech Insights

Join leading experts to gain insight into and improve your knowledge on challenging and strategic issues and stay on top of future trends.

Man vs Machine in the technology arms race

As technology advances, insurers must carefully balance automation through algorithms with the indispensable value of human judgment.

The future of commercial underwriting and how to prepare for it

Why Legacy Pricing Systems Are Holding Insurers Back

What part will AI play in the future of commercial insurance pricing?

AI is transforming commercial insurance pricing—are you leveraging its full potential?

Tokio Marine HCC International partners with Optalitix to revolutionise pricing and underwriting processes

This partnership will deliver advanced data-driven solutions, improving pricing accuracy, risk insights, and operational efficiency

Healthy capacity brings stable 2025 reinsurance renewals season

Explore how healthy capacity is shaping a stable 2025 reinsurance renewals season. Learn about key trends, market dynamics, and opportunities for insurers in our latest analysi

Leading the Pricing Software Transformation

Start 2025 with a game-changing opportunity!

Optalitix partners with CannGen to revolutionise underwriting for a fast-growing industry

To boost pricing platform adoption in the London Market

Wishing you a healthy, happy, and prosperous New Year

Thank you for all your support and collaboration

Adapting to 2025 Insurance Changes: Key Insights Inside

Navigating Insurance Trends: Outlook and Opportunities

Optalitix and PwC announce strategic collaboration

To boost pricing platform adoption in the London Market

Supporting Camden Foodbank’s Christmas Appeal

Help us bring hope and nourishment to those in crisis this holiday season by donating food or contributing online. Together, we can make a meaningful difference.

Highlights from the 2024 GIRO Conference

Exploring Data Strategy, Pricing Innovation, and AI Trends in General Insurance at Birmingham’s ICC

Optalitix partners with Insurance Knowledge Hub to boost insurance industry technology skills

Enhance your skills in underwriting technology today 

Meet Optalitix at GIRO 2024

Join leading experts to gain insight into key issues, emerging ideas across the of the actuarial profession.

Optalitix partners with Burns and Wilcox to deliver industry leading technology

Optalitix Quote Software to deliver improved efficiency and insights across the Burns & Wilcox Property, Casualty & Terrorism Portfolios

Hurricane Helene - a blow to price stability hopes?

How the 2024 hurricanes in Florida could change reinsurance pricing and impact insurance markets in 2025

Les Rendez-Vous de Septembre: a window into reinsurance renewals for 2025

The key for 2025 renewals is maintaining pricing discipline. A focus on rate adequacy will be crucial to ensure the right balance between growth and profitability.

Optalitix partners with Go.Compare to offer insurers innovative pricing solution

This will reduce insurers’ system development time and cost, boost speed to market, and enhance pricing optimisation.

Redefining Insurance Pricing for the Digital Age

The way in which risk pricing is being transformed is one of the biggest challenges facing insurers in the Digital Age

Optalitix secures further US$3m led by Calculus Capital to accelerate ambitious growth strategy

The funding proceeds will be used to further accelerate product innovation and support the execution of Optalitix’s ambitious expansion plans.

The Optalitix Round-up: Summer 2024

The second quarter of 2024 has been a hub of activity at Optalitix! Read more now.

A Year of Challenges and Opportunities

Learn about Mass Challenge – a US based start-up accelerator

Onespark use case: Improving website UX with cloud-based integrated pricing calculators

Optalitix celebrates 10 years!

Optalitix products now available on Google Cloud Marketplace

Identifying Unwanted Bias in Machine Learning

With human-made models comes human-biases, machine learning models are inclined to reflect the biases of the team who built it and the data it is fed.

Create a claims triage system using Excel logic

With claims, departments need to be able to filter out valid claims and pay them quickly amongst other tasks. See how Excel helps make a claims triage system.

Create a pricing application from a spreadsheet pricing model

When setting a price for a new product, the starting point is almost always Excel. Find out how to create a pricing application from a spreadsheet pricing model here.

The Top 5 Strangest Uses of AI

Whilst AI has transformed many essential areas of society, some have also begun to use its technology for the weirder. Take a look at some odd uses of AI here.

Underwriters – valued professionals acting as risk gatekeepers

What does an underwriter do on a daily basis? Discover the role underwriters play, how technology plays a key part in the underwriting process and more here.

Optalitix partners with First Street to enable insurers to incorporate climate risk data into their underwriting

We help insurers incorporate unique datasets into their underwriting process, thereby ensuring quotes are appropriately priced in response to a changing climate.

How to Become a Data Scientist

When pricing a new product, the starting point is almost always Excel. Learn how to create a pricing application from a spreadsheet pricing model here.

Insurance innovation – what will 2022 bring?

What might we expect for insurance in 2022? From digital insurance marketplaces to wellness products and profitability, read our predictions and more.

Verto syndicate 2689 and Optalitix announce partnership - Press Release

Verto syndicate 2689 (Verto), a follow-only Lloyd’s syndicate, and Optalitix, an award-winning Insurtech company providing SaaS software to leading UK insurers.

Join Optalitix for an InsTech webinar on how insurers are using underwriting workbenches

We are excited to be taking part in a thought-provoking InsTech webinar on 26th March

Meet Optalitix at MGAA 2024

The Power Of Partnerships - looking at the importance of collaboration and effective communication in driving the future growth

Optalitix partners with Quantee to offer next generation underwriting and pricing

To offer insurers a ready-to-use pricing product that enables quick access to price retail customers online and via aggregators

8 ways that data can power your business

Using your data better can help business managers see more, know more and do more. Take a look at beneficial data uses that businesses can adopt in this guide.

How do machine learning models work?

There are a variety of regression and classification models within both the supervised and unsupervised categories of machine learning, a type of AI.

The role of an underwriter should not be underestimated

The multi-faceted contribution an underwriter makes to any insurance business transcends simply assessing risk. Read more about underwriting and the impact of it.

The emergence of digital exchanges in the London Insurance Market

The Optalitix team were invited to contribute to a discussion where the digitisation on the underwriting process for the London Market. Read our insights here.

Optalitix selected to participate in Lloyds Lab

The Optalitix team are delighted to have been selected to participate in cohort 4 of the Lloyds Lab. Read more about their application and success in this guide.

Why Underwriters Matter in Our AI-Driven World

Insurance underwriters still play an important role on the London insurance market despite the increasing use of AI, read more on our website.

The Optalitix Round-up: Spring 2024

The first quarter of 2024 has been amazing for us and our clients thanks to us leading groundbreaking developments in our industry. Read more now.

Optalitix brings enhancements to underwriters to boost underwriting performance and growth

The introduction of Optalitix Quote’s new Flow technology enables flexible underwriting workflows thanks to the new Risk Vision dashboards. Learn more now.

Optalitix powered United Trust Bank’s step into the future with instant mortgage decisioning

The mortgage market is always changing. Few banks are able to offer an instant decision on a mortgage, yet the United Trust Bank (UTB) is one of them. Read more.

Meet Optalitix at Insurtech Insights EU 2024

The Insurech Conference connects insurers and investors, offering an unparalleled experience and access to industry innovators. Explore 2024 Conference insights!

Holiday AI Thoughts

The key to selling is to establish a relevant dialogue and understanding with your clients. Find out how AI systems can be used to target the right consumers.

How is AI used in financial services?

The financial services industry is being transformed by AI. Learn how AI is used as robo-advisory services, chatbots, and algorithmic trading in finance.

Big Data Processing for Multiple Insurers

The insurance sector is data rich and decisions are made quickly using real time data. Find out how GoCompare embraced AI to add value to their partner offering.

2023: A year of insurance disruption

The fluctuations in insurance news for 2023 are unexpected. Some companies are leaving following big losses, while others expect to see profits.

From data to decision: how insurers are using underwriter workbenches in 2024

The experience of early adopters has proven that underwriter workbenches can make insurance companies more productive

Meet Optalitix at Insurtech Insights EU 2023

The Insurech Conference connects insurers and investors, offering an unparalleled experience and access to industry innovators. Explore 2023 Conference insights!

How is machine learning used in finance?

The financial sector is increasingly using machine learning in order to be more accessible, efficient and provide a better customer experience overall.

FCA disrupts the insurance market

The FCA has changed the game for more established players in the insurance sector with its significant gear change in pricing for insurance business. Read more.

Learn about insurance innovation from the DIA conference

The Dia Munich Conference, in 2022, showcased cutting-edge insurance technology, highlighting the growing fusion of insurance and technology in mainland Europe.

Concerns Rise Over AI Racial Bias as Facial Recognition “Predicts Criminality”

The debate over racial bias in tech has been renewed as a US university claims it can predict criminality through facial recognition. Learn more in this guide..

Next Generation of AI Described as “Too Dangerous to Release” – Now Released

The Artificial intelligence tool Generative Pre-training Transformer (GPT-3) has gained much attention, but is the technology dangerous? Learn more now.

What is the AI industry worth?

The AI industry is estimated to be worth somewhere in the region of $5 trillion dollars, and this number is only set to increase in the future. Learn more here.

The future of systems with embedded Excel models

The ease with which Excel models can now be converted and the number available requires a new age of system design. Find out more in this guide.

Spreadsheet models need to go digital

Spreadsheets should move to cloud-based systems in order to benefit from rich features such as dashboards, databases and seamlessly integrated AI and automation.

Is the future of Lloyd’s algorithmic? - Part 1

Take a look at a report that considers the impact of algorithmic underwriting on Lloyd’s and the London Market where complex risks are often underwritten..

AI Used on Facebook and Twitter to Detect Foreign ‘Trolls’

Researchers claim to have trained a machine learning system to identify posts on social media that aim to manipulate political events. Read more in this guide.

Spreadsheet dependancy and pricing

Spreadsheets are frequently used for pricing due to their ability to build complex calculations quickly in a flexible coding environment. Read our guide now.

Optalitix Models integrates easily with Retool to create no-code apps from spreadsheets

Spreadsheet-based calculations representing real-world situations are referred to a models. See how to convert yours into usable application software here.

Is the future of Lloyd’s algorithmic? - Part 2

Smart Follow underwriting and the algorithmic technology will bring a revolution of improved pricing and lower costs to insuring large and complex risks.

Optalitix partners with Go.Compare to offer insurers a new pricing option

Optalitix Quote new pricing platform will get quicker and easier access to onboarding, faster set-up and ready to use quote infrustructure

AI Breakthrough Could Accelerate Machine Learning Development

Researchers achieved a new AI breakthrough whereby using light for performing computations can improve machine learning neural networks in speed and efficiency.

Get rid of the cr…p and do something Cool!

Read the valuable insights offered by Buster Tolfree the Commercial Director – Mortgages at a Tip-Talks event co-sponsored by United Trust Bank and Optalitix.

What are the four types of artificial intelligence?

Reactive machines, theory of mind, limited memory, and self-awareness are four main types of AI categories to be aware of. Read more about them in this guide.

Optalitix appoints Paul Hewitt to their Board following the investment into Optalitix by 24Haymarket

Paul Hewitt has been appointed to the Board of Optalitix, advising on insurance strategy, product development and industry partnerships. Read more in this guide.

Optalitix are Insurance Times Awards Gold Winner - Release

Optalitix wins the Gold award for Excellence in Technology – Service Provider (General) category at the 2021 prestigious Insurance Times Awards. Read more here.

Case study: Modernising and scaling Dale Underwriting Partners' underwriting process with Optalitix Quote

Optalitix Quote allows underwriters to keep their existing models and make changes and updates when required by providing speed and flexibility.

Optalitix Quote, the innovative new product for underwriters

Optalitix Quote is a new cloud product that enables underwriters using spreadsheets to improve their pricing processes. Learn more about it in this handy guide.