Already widely adopted by insurers and MGAs, the platform now enables reinsurers to model complex treaty and facultative quotes, streamline processes, and enhance pricing accuracy within a single system.
“The new reinsurance features are a game changer for reinsurers,” said Dani Katz, Co-founder of Optalitix. “The flexibility and connectivity of the platform enable reinsurance pricing on one system, while storing models and data to deliver greater insight and oversight into the pricing process.”
The impact is already evident. Early adopters such as Pool Re have reported writing over £250 million of business within just three months of deployment, demonstrating significant efficiency gains. Previously, binding quotes and capturing them in accounting systems required a lengthy manual process.
The expansion equips reinsurers with powerful tools for claims and premium ingestion, modelling, and pricing. Users can upload and validate historic treaty data, generate IBNR projections, and simulate losses to better price non-proportional cover. Advanced modelling enables dynamic “what if” pricing scenarios across diverse structures, while underwriter-ready outputs produce clear, visual reports to support negotiations and decision-making. All quote data is stored in accessible databases for embedded analytics, with seamless integration into AI tools to further improve efficiency.
Additional enhancements include the integration of mapping and natural catastrophe data to strengthen risk assessments, as well as connectivity with AI-driven pricing engines via APIs to accelerate quote ingestion and increase underwriter productivity. By unifying pricing and quoting in a single platform, Optalitix Quote reduces complexity, improves data quality, and delivers greater accuracy and speed to the reinsurance sector.
