Optalitix maintain that the ease with which Excel models can now be converted and the number of Excel models in existence requires a new age of system design that positions Excel modelers at the core of the intelligence built into these systems. While systems are still needed for complex connections and for data inputs and outputs, the heart of these systems (the calculations and IP stored in these models) will be adopted by the Excel modelers and their Excel converters.This approach will significantly reduce the bottlenecks that currently exist in creating systems, and will lead to faster system development, lower costs and more imaginative system use cases as the 800m talented Excel users become system developers. The impact on companies will be similarly significant, with early adopters rapidly testing, publishing, and scaling new systems using the IP that their staff have currently got locked on their desktops.For insurers, the ability to quickly create products with spreadsheet-driven pricing models which can be scaled in the cloud will make them more agile and far more profitable.
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.
Transforming Pool Re’s Reinsurance Scheme with Optalitix Quote
Revolutionising Treaty and Claims Management in only 6 Months
Innovate your pricing: 7 key benefits
Discover why leading insurers are choosing Optalitix to streamline underwriting and pricing—faster value, no-code Excel integration, and empowered actuarial teams, all without costly consultants or lengthy rebuilds
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 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.
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
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
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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