Optalitix, an InsurTech known for its innovative underwriting and pricing model software solutions, has launched significant enhancements to its Optalitix Models and Optalitix Quote products.
The newly released Optalitix Models and Optalitix Quote enhancements are set to revolutionize underwriting workflows. With features like running models up to 30 times faster and introducing flexible underwriting workflows through Flow technology, Optalitix is setting a new standard in the industry. The Risk Vision dashboards provide deep insights into risk and outstanding quotes, equipping insurers with the tools needed for future readiness.
Working closely with Lloyd’s and major insurance companies, Optalitix delivers leading-edge software solutions. These products are designed to improve underwriting performance, increase operational efficiency, and reduce costs, thereby supporting insurers in managing billions of pounds worth of premiums more effectively.
Optalitix Quote’s next-generation Flow technology offers customizable workflows to meet insurers’ specific needs, integrating various systems and introducing features such as portfolio projections, geo-mapping, and smart triaging. These enhancements ensure that underwriting departments are equipped for future challenges.
Dani Katz, Co-founder and Director of Optalitix, said, “Optalitix is already recognised by Lloyd’s and major insurers for its market-leading products, which enable insurers to manage risks better, with pricing models that boost underwriting performance, increase efficiency, and reduce costs. This latest launch of Optalitix Quote takes these capabilities to the next level, giving our clients a powerful competitive edge.”
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