Insurtech Optalitix announces its new cutting-edge treaty and claims management system, FORTRESS, is now live. FORTRESS was built for Pool Re – a mutual reinsurer set up in cooperation with the UK Government. Pool Re plays a vital role in protecting the UK insurance market against terrorism risks.
The news comes soon after the announcement of Optalitix’s partnership with Tokio Marine HCC International (TMHCCI), a globally recognised speciality insurer, to enhance its London Market underwriting and pricing systems.
Alex Gurr, Head of Business Development at Optalitix, said: “We are thrilled to partner with the London Market division of TMHCCI to drive digital transformation in their pricing systems. By improving the experience for underwriters and enhancing pricing precision, we are setting a new data-driven pricing solution standard.
“This collaboration underscores Optalitix’s credentials as a trusted partner in the London Market, paving the way for expanded offerings and new innovations tailored to the London Market’s complex needs.“