Why Optalitix Quote
Optalitix Quote is the only underwriting workbench that allows the underwriter to embed their existing Excel models (and any other model), reducing system development time and speed to market.
We support hundreds of underwriters in their work and understand the functionality they need to improve insight and boost their pricing capability while making the system easy to use.
Optalitix Quote has all the functionality needed for insurance pricing including geomapping, scenario analysis, hazard data enrichment and many more.
Better understanding of risk
Quote provides valuable insights on underlying risk, including connections to external data sources and risk aggregations to ensure the underwriter has the best risk insight in the market.
Rapidly deploy existing models
Optalitix Quote enables underwriters to add their own models to the underwriting workflow, ensuring that intellectual property developed over the years can be used and protected.
Fastest underwriting workbench
Our workbench is designed to be rapidly deployable, with pre-configured set-up for a range of underwriting types and the ability to convert existing pricing models reducing development time.Download the brochure
See below for more information on our products and services.
Almost any line of business can be underwritten in Optalitix Quote. We already provide underwriting systems for most common business lines for commercial and retail insurance companies including property, marine, aviation, energy and life insurance. We also provide follow-only underwriting capabilities, and can be used to price motor, home and travel on aggregator websites.
At Optalitix we take pride in our data security focus, backed up by our ISO27001 certification. We also provide GDPR compliant data processes to enable clients to meet data security standards.
Yes, all of our systems are API-enabled allowing you to connect to any other API-enabled system, whether internal or third party. We have pre-configured connections to CRMs, policy administration systems and external data sources to speed up implementation. This reduces development time and cost, gives your underwriters accurate risk information and reduces double entry of data.
Supercharge your underwriter’s performance by giving them a customised underwriting workbench that helps them focus on the risk, not the admin. Unlock data from your models using our dashboards and reporting functionality and make integrations with your other systems simple. Team leaders will have complete control over the models used in pricing, the processes followed and the oversight of portfolio risk.
We typically expect a one to two month implementation process including user and model on-boarding. We can assist with integrations to your other systems such as policy administration, broker portals and CRMs.
We have a dedicated support team for each of our products and provide support in business hours, 8am – 6pm in the UK, 5 days a week. We also provide support outside of these hours on request.
Optalitix Quote and Optalitix Models are SaaS products that are simple to set up, use and update. You can be truly self-service after a short training session or we can help with more complicated pricing processes. Our new business team will work with you to find the best option for you.
Yes. The beauty of Optalitix’s products is that they reuse your pricing models by making them API enabled rather than needing a complete recode. Excel pricing models are converted to code but always available - you can update it whenever you want using Excel with full audit control.
Yes. You can even continue to use the model in its Excel form within the underwriting workbench. This means that your underwriters do not have to learn a completely new computing language or process, reducing the training and change requirements.
Yes. All quote and pricing data is available and hosted by Optalitix Quote. The data can be pulled in pre-configured tables to client databases for real time access to data.
Yes, all of our systems are API enabled allowing you to connect to any other API enabled system, whether internal or third party. We have pre-configured connections to CRMs, policy administration systems and external data sources to speed up implementation. This reduces development time and cost, gives your underwriters accurate risk information and reduces double entry of data.
We typically expect a one to two month implementation process including user and model onboarding. We can assist with integrations to your other systems such as policy administration, broker portals and CRMs.
Quote allows Excel, Python, R and SQL models, and can easily connect to any other pricing model with an API.
Yes, we already cover 15 lines of business, including property, life insurance and healthcare.
Our system is built for the user, with a simplified journey and easy user experience ensuring anyone can configure rules, set data reporting periods and provide user access.