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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.

April 16, 2025

Welcome to the latest edition of the Optalitix Newsletter —your quarterly window into the innovations and trends driving the future of insurtech.

In this issue, we dive into key industry developments —including California Wildfires, Renewals season and Pricing — celebrate recent client successes with CannGen, Tokio Marine HCC, and Pool Re, and spotlight upcoming events where you can meet the Optalitix team in person.

At Optalitix, we're passionate about helping our clients stay ahead in a fast-moving digital landscape. This edition is packed within sights, updates, and strategic perspectives to keep you informed and inspired.

It’s been an eventful few months for the insurance industry, with major developments shaping how we think about risk and resilience

California Wildfires

Reshaping the Insurance Landscape: Extreme climate events like the recent California wildfires are accelerating change across the sector. In our article, we explore how insurers are adapting to a new era of climate risk—leveraging advanced data analytics and smarter modelling to turn challenge into opportunity. Read full article

Reinsurance Renewals:

A Mixed Start to 2025: January marked the reinsurance renewal season—always a key moment to take the industry's pulse. This year's outcomes were a mix of stability and challenge. We’ve broken down the 2025 renewal cycle and what it means for carriers, reinsurers, and beyond. Read article

Expert Series:

We’ve launched a new series of expert-led articles diving deep into the trends and tech shaping commercial insurance. Kicking things off, Karol Gawlowski—Chairman of IFoA’s Actuarial Data Science group—shares his perspective on AI’s game-changing role in pricing models, analytics, and workflows.

- AI Is Reshaping Commercial Insurance Pricing — Are You Ready?

- Frequency-Severity Modelling in Commercial Insurance Together

We kicked off the year with a wave of exciting partnerships and achievements:

New Partnerships

We're proud to partner with CannGen, a leader in tailored insurance solutions. By onboarding them onto our Models and Quote platforms, we’ve helped transform their manual workflows into a seamless, fully digital operation. Read full article

Our collaboration with TMHCCI is enabling their London Market division to elevate underwriting efficiency, enhance pricing sophistication, and strengthen risk insights all while maintaining the expertise of their underwriters at the core. Read full article

We supported Pool Re in delivering a powerful new digital solution, transforming their reinsurance scheme in just six months — a true testament to agile innovation in action. Read full article

Award Finalist:

Together with Pool Re, we’re thrilled to be named a finalist for Digital Insurance Innovation of the Year at the 2025 Insurance Post British Insurance Awards. Read more

It’s been a packed and exciting first quarter here at Optalitix, with industry events, thought leadership, and plenty of client engagement.

January

We sponsored Price Writer, the online event led by Jeremy Keeting: "Pricing Software – Leading the Transformation." It was a great forum for exploring how technology is reshaping pricing in insurance.

February

In collaboration with Google, Instech, and Concirrus, we hosted a flagship event at Google’s Kings Cross HQ: "Getting Fit for the Future – Sleeker Commercial Insurance." The discussion centred around the themes of speed as a competitive edge, smarter decision-making, and scalable pricing capabilities. More details

March

We warmed up for ITI with a fun-filled pre-event at Fairgame Canary Wharf, where our clients relived their arcade glory days with retro-style games and good cheer.

We also had a strong presence at ITI at the InterContinental London – The O2, where we showcased our collaborative pricing software, built for actuaries, underwriters, and decision-makers who demand speed, flexibility, and low-code innovation.

Our Founding Director, Dani Katz, delivered a compelling talk on the industry's biggest challenges and the transformative opportunities ahead.

We’re hitting the road this quarter and would love to connect with you at one of these key industry events:

BIBA 2025 with Go Compare 14–15 May | Stand F79 | Manchester Central, Manchester

Join us at BIBA, where the Keynote Stage will feature four dynamic panels covering geopolitics, business, resilience, and leadership. Notable speakers include The Rt Hon Penny Mordaunt, Anthony Joshua OBE, Harriet Harman KC, and Sir Gareth Southgate — it's set to be an unmissable event.

ITC Europe 21–22 May | Stand 36 | Taets Art and Event Park, Amsterdam

A must-attend for anyone passionate about insurtech. ITC Europe brings together the brightest minds across insurance and tech for two days of cutting-edge insights, powerful networking, and future-focused innovation.

MGAA Annual Conference 3 July | Old Billingsgate, London

We’re looking forward to exploring “What’s Next?” in the insurance space. The day will feature insightful panels and breakout sessions on key themes such as disciplined underwriting, financial resilience, and customer-centric strategies— all alongside a vibrant exhibition of top industry suppliers.

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Market Trends

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

General

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.

Insurance

Frequency‐Severity Modeling in Commercial Insurance

Transforming complexity into clarity in technical pricing