Specialist data analytics solutions provider Optalitix has formed a strategic partnership with PwC to enhance implementation services and support for users of Optalitix Quote, the company’s underwriting and pricing platform for insurers.
This collaboration combines Optalitix’s advanced technology with PwC’s actuarial expertise and contract services in the insurance sector, focusing on insurers at Lloyd’s and in the London Market.
Insurance clients will benefit from faster implementation, improved pricing model templates, customised training programs, and comprehensive support packages that optimise software performance and align with their underwriting and pricing goals.
Dani Katz, co-founder of Optalitix, said, “I’m excited to be able to offer Optalitix’s clients PwC’s actuarial advice and assurance on our system, giving them more certainty on the quality of the pricing models used and helping them to complete their build sooner.
“PwC is incredibly well respected in the insurance industry, and PwC’s actuarial team are highly skilled in Optalitix products and professional in their work, giving our clients a valuable option for any Optalitix pricing transformation project.”
PwC consultants have been trained on Optalitix products ahead of the partnership launch in January. This training will enable them to assist clients in reviewing existing pricing systems, planning pricing transformations, and improving pricing models.
Through this collaboration, PwC will be able to deploy Optalitix’s pricing models, while Optalitix can offer pre-built PwC pricing models and templates to help clients develop their systems more efficiently.
