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.
Optalitix partners with CannGen to revolutionise underwriting for a fast-growing industry
To boost pricing platform adoption in the London Market
Leading the Pricing Software Transformation
Start 2025 with a game-changing opportunity!
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.