May 18, 2024

Optalitix reveals revolutionary improvements to insurers' underwriting capabilities.

February 23, 2024
1Min Read
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The underwriting and pricing model software solutions provider Optalitix, an InsurTech, has introduced major improvements to its Optalitix Models and Optalitix Quote products.

Underwriting workflows are about to undergo a revolution thanks to the recently launched Optalitix Models and Optalitix Quote upgrades. Optalitix is revolutionizing the underwriting process with their Flow technology, which enables customizable workflows and speeds up model runs by up to 30 times. The Risk Vision dashboards give insurers the tools they need to be prepared for the future by offering comprehensive insights into risk and exceptional quotes.

 

Optalitix provides state-of-the-art software solutions and collaborates closely with Lloyd's and other prominent insurance organizations. These tools help insurers manage billions of pounds worth of premiums more effectively by improving underwriting performance, increasing operational efficiency, and lowering costs.

 

The next-generation Flow technology from Optalitix Quote integrates many systems and adds capabilities like geo-mapping, smart triaging, and portfolio projections to provide flexible workflows to suit the unique needs of insurers. These improvements guarantee that underwriting departments are prepared for upcoming difficulties.

 

"Optalitix is already recognized 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," stated Dani Katz, co-founder and director of Optalitix. With the most recent release of Optalitix Quote, these features are enhanced and our clients are given a significant competitive advantage.

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