London, United Kingdom
Optalitix is an innovative software provider established in 2013, headquartered in the United Kingdom. The company specializes in a low-code pricing and underwriting platform that transforms models built in Excel, Python, and R into cloud-hosted APIs within minutes. This seamless integration enhances compatibility with existing underwriting and policy administration systems, providing underwriters with advanced tools such as claims forecasting and simulations.
Renowned for its ease of use, Optalitix empowers insurers to enhance pricing accuracy, boost underwriting performance, and manage risks effectively. It has garnered multiple accolades from prestigious programs including Lloyd's Lab and Mass Challenge. Esteemed clients include Pool Re, Zurich, and AXA.
The company recently secured a $3.00M investment in a venture round on 11 September 2024, with participation from notable investors 24Haymarket and Calculus Capital. As an industry leader in AI and Insurtech, Optalitix is positioned for growth in the global insurance market.
