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,
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Hot Models
During Covid-19, AI or non-human solutions were being used to model potential outcomes and solutions. Read how this was done and the findings that came from AI.
Optalitix selected to participate in Lloyds Lab
The Optalitix team are delighted to have been selected to participate in cohort 4 of the Lloyds Lab. Read more about their application and success in this guide.
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There are a variety of regression and classification models within both the supervised and unsupervised categories of machine learning, a type of AI.
Will machine learning replace humans?
Machine learning technology has already started to replace humans, yet it has potential to create many opportunities and enable people to do their job better.
Is AI taking jobs?
Developments in AI led to machines taking predominantly unskilled jobs, and this looks set to continue. Learn more about how AI is impacting the workforce here.
How is AI being used in healthcare?
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How is AI used in financial services?
The financial services industry is being transformed by AI. Learn how AI is used as robo-advisory services, chatbots, and algorithmic trading in finance.
What is the AI industry worth?
The AI industry is estimated to be worth somewhere in the region of $5 trillion dollars, and this number is only set to increase in the future. Learn more here.
How does machine learning work?
Machine learning algorithms are a type of AI that can learn patterns and processes with minimal to no human intervention. Discover more about how they work here.
How is machine learning used in finance?
The financial sector is increasingly using machine learning in order to be more accessible, efficient and provide a better customer experience overall.