Insurtech Optalitix, a specialist underwriting software provider, today announced a new relationship with Burns & Wilcox U.K., the globally recognised leader in wholesale insurance brokerage and underwriting.
The partnership will include deploying the Optalitix solutions to drive efficiencies between the company’s CRM and underwriting systems, enabling Burns & Wilcox to host all pricing models in a secure and easily accessible environment.
“We believe the innovative Flow features of Optalitix Quote will assist Burns& Wilcox in increasing their underwriting customisation options at pace,” said Greg Gwilliam, Head of Insurance at Optalitix. “We are excited about tailoring a solution for Burns & Wilcox and improving our offering for London MGAs.”
Optalitix Quote and the API integration with Salesforce will help Burns & Wilcox scale without incurring equivalent human resource costs. Among the many benefits, the data captured by the system will include actuarial and sales analysis. Additionally, the flexibility of Optalitix’s solution enables Burn & Wilcox to prepare for future integrations with other systems and support any additional changes needed to the underwriting process.
“We are delighted to be working with such an innovative solution provider,” added Stuart Kilpatrick, Managing Director, Burns & Wilcox UK. “Our teams can now facilitate and link multiple processes for enquiry logging, underwriting and risk recording, providing an easier and more secure way to ensure our data is complete, accurate and timely.”
Greg is the Head of Insurance Platforms at Optalitix. He manages the analytics team to provide high-quality solutions to insurance companies and banks to provide insight and increase profits. He is a qualified actuary who specialises in Life Insurance, Catastrophe Risk and Investment.