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 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 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
Why are Insurers playing a guessing game?
Numerous insurers overlook advanced solutions. Make sure your company leverages valuable insights from its data to enhance user experience with Optalitix today!
How Can AI Enhance Cybersecurity in Business?
Artificial intelligence (AI) is a machine’s ability to perform human-like cognitive functions. Find out how AI is able to enhance cybersecurity in business 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.
Seasons Greetings from Optalitix
As the year draws to a close, we wanted to express our heartfelt gratitude for your continued support and collaboration.
Optalitix shortlisted for two awards
In the National Insurance Awards 2023 which showcases excellence in general insurance provision and management.
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.
How our catastrophe reporting portal helped Lloyd's of London collect more accurate data and save 1000's of hours
"The time that has been saved has given us much more freedom” Carey Bond, Head of Claims for the Americas at Lloyd’s
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.
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.
Hampden Risk Partners implements Optalitix Quote as their underwriting workbench
Hampden Risk Partners used Optalitix Quote to grow their capacity at Lloyd's
Optalitix nominated as a finalist in the 2023 Insurance Times awards
Innovation award for Lloyd's reporting portal
The computable game - Part 1
Football stats and insights
Why are Insurers playing a guessing game?
Numerous insurers overlook advanced solutions. Ensure your company leverages valuable insights from its data to enhance the user experience with Optalitix!