Optalitix is an award-winning software provider that offers a no-code pricing and underwriting platform for global insurers, reinsurers, MGAs and lenders.
It converts Excel, Python, and R models into cloud-hosted APIs within minutes, enabling compatibility with advanced tools like reserving models and claims simulations, and enhancing efficiency and innovation in pricing and underwriting.
Our products are easy to use. They enable insurers and lenders to manage risks better, with pricing models that can be used everywhere to boost pricing, improve underwriting performance, increase efficiency, and reduce costs.
We have been recognised by various prestigious programmes, including the Fintech Innovation Lab, Lloyd’s Lab, Mass Challenge, Oxbow Insurtech25 and BusinessCloud’s InsurTech 50, as well as winning a number of prestigious industry awards.
Our clients span the globe, from the UK and Europe to South Africa.
With offices in London, South Africa and India, we are a team of experienced international engineers, actuaries, analysts, sales and data scientists.
Our name, Optalitix, is based on two words representing the core of what we do and the value we bring to our clients:
• Optimisation – improving business performance to get the optimal result.
• Analytics – analysing and understanding data.
Lending origination and underwriting in banking
• Use your existing credit models to build your lending systems, make informed decisions and reduce your system build.
• Improve loan response times, boost your efficiency and maximise your profits.
• Create lending products faster than anyone else in the market.
• Create risk assessments, credit modelling, forecasting and customer management.
Underwriting systems built for speed and scale
• Our model hosting platform allows clients to host pricing rapidly and AI models to be used in core systems with easy integration, version updates and monitoring.
• Supercharge your pricing system with our underwriting workbench including the latest actuarial pricing models, tools and data to future-proof your insurance business.
• Our lightning-fast systems are designed to scale, enabling rapid growth and efficient underwriting.
