🚀 Streamline Your Underwriting with Optalitix Quote 🚀 Our Workflow feature includes: 📄 No-Code Quote Workflow- Easily create online quote forms with Optalitix Quote’s no-code builder that integrates seamlessly with your Excel models for fast and accurate quotes. 🤝 Better Broker Relationships - Enhance transparency and trust with our broker portal, providing real-time visibility into quote progress. ⚙️ Boost Efficiency with Flow Technology- Quickly adapt to any underwriting process using our no-code Flow technology, simplifying workflows and reducing disruptions. 📩 Stay Connected - Improve efficiency with email and text notifications, keeping your team and stakeholders informed at every step. 💡 💡 For more information: https://bit.ly/41u0Lb7 #InsuranceTech #UnderwritingSolutions #WorkflowEfficiency #OptalitixQuote
Optalitix
Software Development
Camden, London 1,855 followers
Powering insurers with innovative SaaS products that unlock value in your business
About us
Optalitix is an award-winning InsurTech that provides software pricing products to leading UK insurers, including the London Market, as well as the banking and healthcare industries in the UK. Our products are easy to use. They enable insurers to manage risks better, with pricing models that can be used everywhere to boost pricing, improve underwriting performance, increase efficiency, and reduce costs. They also enable insurance and finance businesses to analyse data more effectively to create actionable insights that drive growth. The company's achievements have been recognised by various prestigious programmes, including the Fintech Innovation Lab, Lloyd's Lab, Mass Challenge, and Oxbow Insurtech 25, as well as winning a number of prestigious industry awards.
- Website
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http://www.optalitix.com
External link for Optalitix
- Industry
- Software Development
- Company size
- 11-50 employees
- Headquarters
- Camden, London
- Type
- Privately Held
- Founded
- 2013
- Specialties
- insurance, saas, Excel, ai, big data, pricing, underwriting, and banking
Locations
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Primary
21 Bonny Street
Camden, London NW1 9PE, GB
Employees at Optalitix
Updates
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🌟 Unlock the Power of Seamless Pricing with Optalitix Models! 🌟 💼 Supercharge Your Pricing Models, boost performance, enhance governance, and reduce model risk with a versatile engine compatible with any pricing model type. Our modelling features with Models include: 🤝 GLM Integration with Quantee Thanks to our Quantee partnership, integrate GLM pricing models effortlessly to scale your pricing for high-volume requests. 📈 Spreadsheet to Cloud with Ease Host spreadsheet pricing models natively in the cloud for instant scalability and team-wide access. 🔗 Composite Models Made Simple Connect multiple models and data sources without any coding using our composite model feature. ⚡ 30x Faster Batch Processing Leverage parallel computing for rapid scenario modeling and projections, saving time and enhancing accuracy. 🐍 Host Python & R Models Code-Free Natively host Python and R pricing models for a seamless, efficient underwriting process. 💡 💡 For more information: https://bit.ly/4geBI02 #InsurTech #ModelGovernance #CloudComputing #PricingModels #OptalitixModels
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🚀 Kick off 2025 with an exciting opportunity to explore the latest innovations in pricing software! We’re thrilled to be one of the sponsors for Jeremy Keeting’s "Price Writer" online event: Pricing Software – Leading the Transformation. 🍝 Feeling like your pricing process is as tangled as spaghetti Bolognese? Let’s untangle it with fresh, innovative approaches. 🖥️ 7 Exciting Demonstrations 📅 28th, 29th & 30th January 2025 🎟️ Free to attend with 24-hour replays 👉 Register now and start transforming your pricing strategy! https://bit.ly/3ZqsYhC #PricingSoftware #Innovation #BusinessTransformation #FreeEvent #TechSolutions #PricingStrategy #Networking #PriceWriter2025
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🚀 Transform Your Insurance Processes with Optalitix Quote- enhance your underwriting & manage risk by streamlining your underwriting with a feature-rich pricing front end and centralised risk management workbench. Our underwriting features include: 🚀 📊 Connect with Broking Platforms - Effortlessly create placement queues for external platforms to access the latest pricing models. 📃 Document Generation & Contract Management - Seamlessly generate high-quality insurance documents and contracts with API integration. ⚙️ Integrated Rating Tools - Deploy new rating models instantly to ensure your team works with the most accurate pricing. 📈 Bordereaux Data Simplified- Ingest and validate bordereaux data automatically to improve quality, reduce costs, and enhance pricing accuracy. 🔍 Boost Insights with Real-Time Data - Leverage real-time data to improve your quoting process and gain actionable insights. ✅ Track Underwriting Decisions - Keep underwriting decisions on track while ensuring proper authorisation levels. 💡 For more information: https://bit.ly/41u0Lb7 #InsuranceTech #Underwriting #RiskManagement #OptalitixQuote
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🌟 Wrapping Up 2024 with Gratitude and Excitement for the Future! 🌟 As the year comes to a close, we’re reflecting on an incredible journey and celebrating the achievements of our clients, team, and partners. Here’s a quick look at what we’ve been up to: Read full article: https://bit.ly/4gGSe8Z ✅ Welcoming New Clients: Burns and Wilcox, Tokio Marine HCC, CanGenn, Zurich, and partnerships with Go.Compare & PWC. ✅ Industry Spotlight: Featured in press articles alongside our clients. ✅ Innovative Updates: New content on our website showcasing Models & Quote features, plus dynamic videos. 💼 Global Presence: This year, we connected at key events like Rendez-Vous de Septembre, ITC Vegas, and GIRO Birmingham. 🎄 Giving Back: We’re proud to support the Camden Foodbank Christmas Appeal to comr in the UK. Join us in making a difference by contributing online. 🚀 Looking Ahead: 2025 promises growth, innovation, and new opportunities to connect. Stay tuned for where we’ll be next year! Thank you for being part of our journey. Wishing you a healthy, happy, and prosperous New Year! #Optalitix #Insurtech #Innovation #ClientSuccess #Gratitude #GivingBack
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📢Read our latest article on reinsurance in 2025: Balancing Stability, Innovation, and Challenges. Link: https://bit.ly/41EjAIw The reinsurance sector is entering 2025 with optimism, fuelled by growth and innovation, yet mindful of persistent challenges. Key points: ✅ Insurance capacity is growing ✅ Insurance is still very profitable Challenges: ✅Inflation adds risk and geopolitical tensions are high ✅ Natural Catastrophes are increasing ✅ Other trends As January renewals approach, the industry faces a crucial moment. Can we balance competitive growth with resilience in the face of inflation, climate risks, and protectionism? 💡The answer lies in collaboration, innovation, and leveraging technology to future-proof the sector. Read full article https://bit.ly/41EjAIw #Reinsurance2025 #InsuranceInnovation #RiskManagement #ILS #TechnologyInInsurance
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🎯 Mastering Loss Ratios: Key Strategies for Success 📊 Reducing loss ratios is all about effective risk selection and strategic decision-making. Here's how to do it: ✅ Gather Comprehensive Data: Use varied sources, from catastrophe risk models to claims data, ensuring no critical detail is missed. ✅ Combine and Analyze: Integrate these data sets into your modeling to uncover insights that drive smarter decisions. ✅ Price Risks Accurately: Once you’ve selected the right risks, ensure your pricing strategy aligns with potential claims to maintain stability. The goal? A balanced and stable loss ratio that sets you up for long-term success. For more information: https://bit.ly/41u0Lb7 #RiskManagement #DataDrivenDecisions #LossRatioOptimization #InsuranceInnovation
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We’re sending out a huge thank you to LABS for surprising us with a delicious and thoughtful Christmas hamper! It’s such a wonderful gesture, and we’re all excited to dig in and enjoy every treat inside. 🎁🍫🎄 It’s moments like this that remind us how much we appreciate having such a generous landlord. Thank you for adding a little extra festive cheer to our holiday season! #ChristmasSurprise #HolidayHamper #FeelingFestive #ThankYou
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🚀 Exciting News! 🚀 We’re thrilled to announce a new collaboration between Optalitix and PwC to boost pricing platform adoption in the London Market 🔍Read full article: https://bit.ly/4f6gWys As Dani Katz, Co-founder of Optalitix, puts it: "This collaboration ensures our clients gain unparalleled assurance and agility in pricing transformations.” Highlights include: ✅ Faster implementation with enhanced pricing model templates ✅ Customised training & comprehensive support ✅ Expert guidance from PwC’s actuarial team on Optalitix Quote Specialist consultants at PwC have been trained on Optalitix’s products ahead of the collaboration launching in January. 📈 Let’s take insurance underwriting to the next level. Learn more at https://bit.ly/4f6gWys #Insurance #Insurtech #Underwriting #PricingTransformation #Collaboration #PwC Simon Hayes, Roma Braithwaite, Jonathan Shapiro
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🎉 What a night to remember! The Optalitix UK Team came together for an unforgettable year-end celebration🎉 🌟 We started the evening at a cozy pub in #Camden, enjoying games, delicious food 🍟, and plenty of drinks 🍺. The festivities included an epic quiz hosted by Ricky Jayes, some truly unforgettable karaoke performances from Jonathan Shapiro, Dani Katz, and a few others who shall remain nameless. 😜 Of course, no holiday party is complete without a lively round of "dirty Santa," featuring plenty of present stealing and laughter! 😄 Cheers to the amazing memories we made and to a joyful holiday season ahead! 🎁🎄 #OptalitixCelebration #YearEndParty #HappyHolidays
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