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Insurtech Optalitix partners with Dutch MGA Intermont to overhaul pricing systems

Insurtech Optalitix partners with Dutch MGA Intermont to overhaul pricing systems

Optalitix Teams Up with Intermont for Cloud Pricing Solution

Insurtech firm Optalitix is joining forces with Dutch Managing General Agent (MGA) Intermont to upgrade its pricing systems significantly. This collaboration marks Optalitix's first substantial venture into the Netherlands, transitioning from traditional Excel-based underwriting to advanced cloud pricing platforms.

What This Means for Intermont

The shift to cloud-based pricing is expected to streamline Intermont's quote process dramatically. By utilizing advanced technology, the service aims to deliver faster and more efficient quotes, enhancing overall customer satisfaction. Additionally, the new system promises deeper insights into Intermont’s portfolio, which could help in better risk assessment and decision-making.

Key Features of the New System

  • Speed: Cloud technology typically allows for quicker data processing, meaning quotes can be generated in a fraction of the time it currently takes.
  • Insights: Improved analytics will enable Intermont to gain more comprehensive views of their portfolio, identifying trends and areas for improvement.
  • Scalability: As Intermont grows, the cloud solution can be adjusted to accommodate increasing volumes without a hitch.

Industry Impact

This partnership reflects a broader trend in the insurance industry, where many companies are looking to enhance their underwriting processes through technology. As more MGAs and insurers adopt such solutions, it may lead to an overall evolution in how pricing and risk assessment are conducted across the sector.

In summary, Optalitix’s collaboration with Intermont not only stands to benefit the individual companies involved but also signals a shift towards more tech-driven solutions in the Dutch insurance market.

Original Source: https://beinsure.com/news/insurtech-optalitix-partners-dutch-mga-intermont/

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