2026-11-11 · Source: Insurance Edge
Summary in 3 Points • Optalitix is introducing agentic AI capabilities in its Quote platform to automate pricing and underwriting activities. • The AI agents work with existing pricing models, allowing underwriters and actuaries to retain control over decisions. • Optalitix's AI solution aims to improve workflow design, making it easier for teams to adapt underwriting processes. --- Optalitix is enhancing its Quote platform with agentic AI capabilities designed to automate complex pricing and underwriting tasks. This innovation allows insurers, reinsurers, and MGAs to maintain control over their established pricing models while benefiting from improved efficiency and speed in a competitive market. The AI agents can analyse claims data, check risk accumulation, and prepare renewals, freeing up underwriters and actuaries to focus on critical decision-making. The integration of AI into existing workflows ensures that governance and oversight remain intact, with human approval still central to the process. Optalitix's approach not only streamlines operations but also supports actuaries in developing and testing pricing models through enhanced tools. As clients begin live-testing these capabilities, the implications for the London Market could be significant, particularly in terms of claims processing and operational efficiency. Optalitix’s AI capabilities enhance underwriting efficiency while maintaining control, crucial for firms managing delegated authority and binder business.
Optalitix’s AI capabilities enhance underwriting efficiency while maintaining control, crucial for firms managing delegated authority and binder business.