As the year draws to a close, we wanted to express our heartfelt gratitude for your continued support and collaboration.
The last quarter of 2024 has been a whirlwind of activity and we are excited to share some insights and successes we've achieved.
Our client's success is our top priority, and we’re thrilled to see their growth and success as the insurance industry continues to evolve. We’re also excited to welcome new clients to the Optalitix family, including Burns and Wilcox, Tokio Marine HCC, CanGenn and Zurich. As well as new partnerships with Go.Compare and PWC.
We have been featured in several press articles alongside our clients as our solutions attract industry and press attention. View all our articles.
Our website is continuously updated with new, enriched content on our products Models and Quote features, including dynamic videos.
We’re committed to sharing valuable insights and maintaining our position as London Market pricing technology experts. Subscribe to our newsletter and get the latest updates and news straight in your inbox.
We are actively involved in sharing our value add across the insurtech market, so we recently exhibited and attended:
• Rendez-Vous de Septembre- Monte Carlo
• ITC Vegas
• GIRO Birmingham
We're going to be keeping up the pace in 2025, so look out for more information about where we'll be next year.
This year, we are supporting the Camden Foodbank Christmas Appeal.
Hunger is a significant issue in the UK, affecting millions of people. Approximately 14% of the UK population, or about 11 million individuals face food insecurity, meaning they struggle to access enough nutritious food regularly.
Food banks are experiencing record demand, with the rising cost of living, low wages, welfare limitations, and inflation being major drivers.
Camden Foodbank offers people in crisis 3 days of nutritionally balanced emergency food. You can make a difference by contributing online.
Looking ahead to 2025, we eagerly anticipate the opportunities that the New Year will bring, including our expanding client base and relentless quest for growth and innovation.
Wishing you a healthy, happy, and prosperous New Year and thank you for being part of our journey,
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.
The Magic of AI
Demystifying AI is a challenge facing most businesses as automation and machine learning shift to being a necessity. Read more about the magic of AI here.
Google’s AI Claims to Be Improving How It Recognises News and Misinformation
Google's Vice President, Pandu Nayak claims that Google is using AI to better understand news and misinformation. Read more about Nayak's theory in this guide.
DeepMind AI Explores How to Improve Chess
Deepmind is an AI company using machine learning to reinvent the game of chess as we know it, with the help of chess champion Vladimir Kramnik. Learn more here.
Dani Katz runs 18km as part of Optalitix Fundraising
Optalitix co-founder Dani Katz ran 18km as part of Optalitix’s fundraising efforts this summer. Read about how he did and the charities that Dani ran for here.
Optalitix Joins Google Cloud Partner Advantage Program
Market leaders in AI and machine learning solutions, Optalitix, announced it has joined the Google Cloud Partner Advantage Program as a Sell and Build partner.
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.
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.
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.
Elon Musk Predicts AI Will Overtake Humans in 5 Years
Elon Musk has recently claimed that Artificial Intelligence could overtake humans by 2025, and discussed these predictions in a New York Times interview.
Optalitix Named Amongst Start-up Elite in the TechRound100
Optalitix is a finalist in the TechRound100, ranking in the top 100 UK start-ups that have been praised for their innovation. Learn about this competition here.
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.
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..
How Is AI Helping to Fight the Impacts of COVID-19?
AI and machine learning have become key tools in helping to tackle the pandemic, not just in understanding the virus but also how to support different industries.
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.