🌎 Optalitix is an international team composed of diverse, experienced professionals dedicated to driving innovation, operational efficiency, and delivering valuable services to our customers. 🏆Our award-winning technology and innovative products are simple and easy to use. 📈 We specialise in converting any pricing model into a cloud-based system, and our API engine seamlessly connects models (including Excel, Python, and R), improving pricing accuracy and reducing risk. With headquarters in London and offices in South Africa and India, technology and a passion for data are at the heart of what we do. 👀 For more information, visit www.optalitix.com. Jonathan Shapiro, Dani Katz, Dino Mantovani, Jack Wells, Alex Gurr, Janice Shapiro, Greg Gwilliam, Tau Merand, Nikita Sennik, Caryn Biebuyck, Nikhil Suresh,Mihir Vinchhi, Ricky Jayes, Brett Fleischer, Oliver Jackson, Yuyang Yang, Sachet Sircar, Rohan Shibu, Anke Kotze, MPH, Warren Driver, Jordan Macfie, Gershon Koral, Ari Levien
Optalitix
Software Development
Camden, London 1,647 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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👌👍We had a blast at #MGAA in London! 🌟 An amazing day filled with networking and connecting with old and new friends. Shoutout to the all those who visited our stand 🙌 And to the Optalitix team, Dani Katz, Alex Gurr, Oliver Jackson, Janice Shapiro, Jack Wells, Jonathan Shapiro, and Dino Mantovani! Excited for what's in store next year! 🎉 #MGAA #Networking #London Tim Moll - Marley Risk Consultants Limited, Gery Winkler, Melissa Collett, Scott Holmes, Raphael Zindi
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🌠 What a blast – even without the sunshine! 🌞 A huge thank you to Matthew Grant, Robin Mertins, and InsTech for hosting such a fabulous summer party at Norton Rose Fulbright. 😀 It was wonderful to reconnect with familiar faces and meet new ones. I had the pleasure of attending the event with my amazing Optalitix colleagues: Dani Katz, Oliver Jackson, Alex Gurr and Dino Mantovani. Snehith Peddiraju, Kiran Aulakh,
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👀 Check out Dani Katz's latest article featured in Insurtech Insights, titled "Why Underwriters Matter in Our AI-Driven World." In this insightful piece, Dani and the team at Optalitix emphasize the crucial role of people in the insurance process, a perspective that shapes our product and development philosophy. Key takeaways for those considering pricing transformation: ➡People prefer human interaction. ➡AI and algorithms are tools, not standalone solutions. ➡Steer clear of black-box algorithms that underwriters can't comprehend, and involve underwriters throughout the pricing transformation journey. Enjoy the read and share your thoughts with us! https://t.ly/yknMT #insurance #underwriting #underwriters #pricingtransformation
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🚀 Unlocking Regulatory Compliance with Underwriting Workbenches! 🚀 Ensuring regulatory compliance isn't just a legal box to tick—it's a strategic necessity for insurers. Underwriting Workbenches are transforming the game, making it easier for underwriters to keep up with ever-changing regulations. 🛡️ Why It Matters: Traditional underwriting methods often lag behind, leading to inefficiencies and compliance risks. Underwriting Workbenches streamline this process, making compliance faster, easier, and more reliable. 🔍 The Regulatory Challenge: Navigating the complex, ever-evolving landscape of insurance laws and reporting requirements can be daunting. Underwriting Workbenches automate and optimize processes, empowering organisations to confidently navigate the regulatory landscape. 📘 Want to Learn More? Download our comprehensive guide to discover how Underwriting Workbenches ensure better regulatory compliance. https://lnkd.in/e7imq7Ha #Insurance #RegulatoryCompliance #Underwriting #Innovation #InsurTech #Efficiency #ComplianceMatters
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🎉 Yesterday, we had the privilege of hosting an exclusive event for our clients at Google HQ in Kings Cross! The afternoon kicked off with a reception and an inspiring talk by Dani Katz, Maria Alonso Garcia- Google, and Katarina Homindova - Google on "The Future of Risks – Work with People and AI." 🤖 Next, we dove into a fun and delicious cooking session with KitchenSync by Food at Google. We whipped up a mouthwatering Thai Green curry and learned some amazing tips like the differences between red and green chilly peppers, the best way to juice a lime, and the proper way to chop spring onions. "chef style"🌶️🍋 Huge thanks to everyone who joined us for this incredible afternoon! 🙌#GoogleHQ #Cooking #ClientEvent #Futurerisks #AI Ben Ormerod, Ed Gaze, Craig Polley Achilleas Economou FIA Stamatina Piagalis Scott Holmes, Michaela McQueen, Yoav Low, FMAAT, Buster Tolfree, Avison Warren, Jonathan Shapiro Greg Gwilliam Janice Shapiro, Oliver Jackson, Alex Gurr, Dino Mantovani, Alistair King, Jack Wells, Ashter Chomoko
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🌞 Have you got your tickets for MGAA? It is less than 2 weeks away #MGAA2024 🎉We're thrilled to be exhibiting at Managing General Agents’ Association (MGAA) on 10th July at Old Billingsgate in London ➡ Come and meet our sales team, Dino Mantovani, Jack Wells, Alex Gurr, Oliver Jackson, Dani Katz and Janice Shapiro other members of staff. ➡ Pre-book a meeting with one of our experts https://bit.ly/3VKOBWB See you there! #Insurance #InsuranceIndustry #MGAs
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🔥 Last night, we attended a fascinating packed #Instech event, led by Matthew Grant and Robin Merttens ➡There were lots of fascinating talks on the new data – first market for brokers and carriers from digital placement to Smart Follow, some of the speakers included: David King- Artificial Labs, Steve Hearn - PPL Placing Platform Limited ➡Bob James spoke about the Lloyd's Blueprint 2 program - (making progress but slightly delayed). ➡ Martin Reith from Artificial Labs spoke about their approach to algorithmic underwriting and their view that it represents the future of the London Market. ➡James Slaughter from Apollo.io and Will Roscoe at Beazley spoke about smart follow. New role mentioned by Will - “lead follow” for smart follow underwriters as well as “follow squared”. 🤔This is getting interesting but complicated. ➡Helen Rios (née Gemmell) at Ki Insurance and Rosie Denée from Lloyd’s Lab spoke about tech adoption and how the market reacts to new technology. Attended the event with other Optalitix team members Janice Shapiro, Dani Katz, Oliver Jackson, Dino Mantovani #insurtech #insurance #underwriting
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🔥 Overcoming Business Hurdles with Optalitix! 🌟 #SolutionsMatter 💼 United Trust Bank is a UK specialist lender that provides quick, bespoke and flexible funding solutions to borrowers in a wide range of circumstances funded by a range of competitive deposit accounts and ISAs to UK retail and corporate savers. Our mission: Improve loan response times, supercharge efficiency and optimise profits. 💪 The challenge we embraced: Creating risk assessments, credit modelling, forecasting, and customer management solutions. 📊 Discover how we cracked the code and built market-leading credit portals. https://bit.ly/3soaKzp 🌟 #UnitedTrustBank #FinanceInnovations #EmpowerYourBusiness
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🔍 Boost Insight with Underwriting Workbenches In the dynamic world of #Insurance, gaining a deeper understanding of quoted risks and accepted coverages is essential for making informed decisions. The complexity of these risks requires clarity, and underwriting workbenches provide a transformative solution to illuminate these intricacies. Traditional underwriting methods often rely on manual analysis, which can lead to errors and limited insights. Underwriting workbenches revolutionize this process by capturing data across all underwriting activities, regardless of the business line. 🚀 5 Key Benefits of Enhanced Risk Insight 1. Predictive Analytics for Risk Assessment 2. Data-Driven Precision 3. Identifying Patterns and Trends 4. Real-Time Quote Monitoring and Adaptation 5. Customised Risk Profiles 📘 Interested in discovering how underwriting workbenches can revolutionise your operations? Download our comprehensive guide to boost your insight into the Insurance Industry: https://lnkd.in/e7imq7Ha #Underwriting #RiskManagement #PredictiveAnalytics #InsurTech #DataDriven #InsuranceInsights #BusinessTransformation