Real-Time Data for Smarter Risk Decisions
When it comes to quoting risks, having the latest data is essential. Being out of date on a risk can be costly, and even the smallest data gaps can lead to inaccuracies in pricing. Optalitix Quote solves this problem by integrating key data sources, such as catastrophe modelling, live risk activity feeds (e.g., weather changes), and essential databases like credit risk measures and fraud detection. This ensures that underwriters have all the critical information at their fingertips, enabling smarter, more accurate risk decisions.
Optalitix Quote also acts as an algorithmic platform or aggregator pricing tool, bringing all data flows together in one place for streamlined, data-driven pricing.
Benefits for Users:
- Instant Data Access: Real-time data availability enhances pricing accuracy and keeps underwriters informed.
- Seamless Process: Fast API responses provide a smooth, efficient experience for underwriters.
- No-Code Integration: External data sources can be connected to models without any coding knowledge.
- Scalability for High-Volume Platforms: Real-time responses and extensive scalability support pricing on high-volume platforms and algorithmic underwriting.
With Optalitix Quote, insurers can confidently assess risks and make data-backed pricing decisions in an increasingly dynamic market.