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,
Optalitix are Insurance Times Awards Gold Winner - Release
Optalitix wins the Gold award for Excellence in Technology – Service Provider (General) category at the 2021 prestigious Insurance Times Awards. Read more here.
The role of an underwriter should not be underestimated
The multi-faceted contribution an underwriter makes to any insurance business transcends simply assessing risk. Read more about underwriting and the impact of it.
Changes to FCA Insurance Pricing
New rules from 2022 ensure customers who are renewing their insurance policies receive a quote no more than they would be quoted as a new customer. Read more.
The future of systems with embedded Excel models
The ease with which Excel models can now be converted and the number available requires a new age of system design. Find out more in this guide.
Convert pricing models using an Excel converter.
Optalitix have determined that using Excel converters to convert pricing models is the most efficient and effective method. Take a look at the features and more.
Converting Spreadsheets - The 3 Options
At Optalitix, we are able to convert spreadsheets in 3 ways: by recoding the system, using an existing commercial platform, or using an Excel converter.
Spreadsheet models need to go digital
Spreadsheets should move to cloud-based systems in order to benefit from rich features such as dashboards, databases and seamlessly integrated AI and automation.
Spreadsheet dependancy and pricing
Spreadsheets are frequently used for pricing due to their ability to build complex calculations quickly in a flexible coding environment. Read our guide now.
Optalitix powered United Trust Bank’s step into the future with instant mortgage decisioning
The mortgage market is always changing. Few banks are able to offer an instant decision on a mortgage, yet the United Trust Bank (UTB) is one of them. Read more.
Five reasons why pricing in the cloud will increase sales
Cloud based pricing ensures that everything from conversion to compliance is streamlined, efficient and controlled ultimately leading to increased sales.
Spreadsheet Sense Check
As business strategy evolves and growth is more dependent on cloud based tools like AI, machine learning and data, the value of spreadsheets might be affected.
Big Data Processing for Multiple Insurers
The insurance sector is data rich and decisions are made quickly using real time data. Find out how GoCompare embraced AI to add value to their partner offering.
Learn about Lloyd’s Lab – an influential insurtech accelerator
Membership in Lloyd's Lab allowed Optalitix to scale up and develop innovative ideas in collaboration with the world's largest insurance market. Learn more now.
Learn about Mass Challenge – a US based start-up accelerator
