Pricing and underwriting

Create a fully scalable underwriting platform

Using existing models and raters, insurers can create a scalable, governed quote and bind system

Fully scalable
Governed
Integrated pricing
The challenge

Legacy pricing models lead to lost data and inefficient processes
but modernisation is perceived as costly and complex

Solving this in practice

Optalitix platforms convert existing pricing models into APIs.
This enables underwriting workflows to be built with integrated pricing and data

Pricing models converted

Optalitix Models is compatible with any pricing model

Underwriting workflows constructed

Customised workflows built with low-code platform

Pricing data captured

All pricing data securely stored and available for analysis

All systems fully integrated

Any existing system integrated seamlessly via API

Pricing processes governed

Pricing rules applied to ensure full governance and risk alignment

Key features and business impact

A modern pricing system that future-proofs your business,
improving efficiency, accuracy and profitability

key features

Fully featured underwriting and pricing system

A complete solution combining a powerful pricing engine with a seamless underwriting front-end

API-first architecture
Built-in pricing engine
Centralised datacapture
Data-enriched decision-making
End-to-end governance and control
Pricing Underwriting
Business impact

Drives more profitable underwriting decisions, faster

Improves pricing accuracy to ensure better loss ratios, earlier response to events and greater efficiency

More accurate pricing decisions
Enhanced efficiency with full integration
Real-time insight across pricing and portfolio
Scalable growth without added complexity
Drive growth
A digitised, integrated system
= instant quotes, faster turnaround and full visibility
Pool re

“(Optalitix) has helped to digitise pricing and contracts, eliminating manual data entry and streamlining the quote and bind process.”

Jonathan Gray
Chief Underwriting Officer at Pool Re
SECURE AND FUTURE PROOF

Enterprise-Ready Platform.
Secure, scalable infrastructure built to support complex pricing and underwriting workflows

Secure

We are ISO27001 certified with high levels of system and data security

IP protection

Protect the intellectual property in your models

Future-proof

Faster implementation with flexible, future-ready architecture

One platform for the entire pricing lifecycle

Bring all of your models and data together with full governance, ensuring your business can price confidently, consistently and at scale