Cloud platform for actuarial models
T u r n e x i s t i n g p r i c i n g m o d e l s i n t o s c a l a b l e d e c i s i o n e n g i n e s
Convert Excel, Python and R models into scalable cloud APIs with fast low-code set-up and enterprise-grade control
Trusted by global insurers, reinsurers and MGAs
OPTALITIX MODELS
Built for modern actuarial teams
Convert, integrate and manage your most critical spreadsheet and analytical models securely in the cloud - transforming existing pricing models into a managed online service that powers underwriting and pricing decisions
Deployment
Deploy actuarial models without rebuilding
- Convert Excel, Python or R models into scalable cloud services using a fast low-code setup, with no redevelopment required
- Native hosting of complex models
- Fast low-code deployment
- Reliable and secure cloud execution
- Consistent outputs across teams and systems
Integration
Connect models to underwriting systems
- Connect models to pricing and underwriting workflows via APIs and pre-built connectors
- API integration with any core system
- Pre-built policy administration system integrations
- External data connections enhance pricing
- Pricing calculations inform underwriting workflows
Management
Control models centrally
- Operate models as governed business assets rather than isolated spreadsheets
- Model usage and performance tracking
- Full model calculation visibility
- Version control and update management
- All model IP stored in one place
Governance
Manage models and reduce risk
- Ensure models are controlled, traceable and consistently deployed across your organisation
- Full audit control
- Version control and change management
- Regression testing for updates
- Controlled spreadsheet distribution
- Role-based access control
Performance
Scale model performance
- Run complex and high-volume models faster and more reliably
- Parallel batch processing for faster execution
- High-volume model execution beyond Excel limits
- Integration with API-enabled models
- Enterprise-grade scalability
Platform features
What Optalitix Models delivers
- Deploy, integrate and manage actuarial models across pricing and underwriting workflows, without Excel performance constraints
Model execution
- Cloud hosting and scaling for Excel models
- Native Python and R execution
- Chained model orchestration
- GLM pricing connectors
Integration
- API integration with any core system
- Policy Administration System integrations
- Pre-built external data integrations
- Auto-generated integration documentation
Governance and control
- Full audit control
- Version control and change tracking
- Regression testing for new versions
- Dedicated testing environments
- Structured deployment to reduce risk
- Role-based access control
Model management
- Centralised model management
- Integrated reporting and dashboards
- Usage and performance tracking
- Controlled model deployment workflows
- Cloud scalability and parallel processing
How it works
Convert complex Excel, Python and R models into operational systems in weeks, not years
Convert
- Upload Excel, Python or R models and deploy them quickly using a low-code set-up
Integrate
- Connect your models to underwriting systems, APIs and operational workflows
Manage
- Monitor, update and track your models through a central dashboard with full version control and auditability
Built for every role
Designed for the teams who build, run and update pricing models.
Data scientists
- Deploy, monitor and scale models with ease
- Host any model in the cloud
- Track model performance
- Access structured modelling data
- Enable AI and advanced analytics
Actuaries
- Monitor and update pricing models with confidence
- Manage pricing models centrally
- Release and update models quickly
- Control and reduce model risk
- Update models using self-service tools
Developers
- Build and integrate on a secure, scalable platform
- Integrate systems easily
- Run models on a scalable platform
- Maintain enterprise-grade security
- Manage multiple environments
Quantified results
Operational control and transparency at scale
- % Full model calculation visibility
- % Complete version history
- % Reduction in manual processes
What our customers say
Driving Pricing Visibility
"The visibility and control we now have is a major step forward. PricePoint enhances underwriting today while creating a scalable foundation for future innovation, including AI-driven quote triage."
Christina Cosma
Senior Pricing Actuary at SiriusPoint
AI Driving Direct Sales Growth
"Optalitix implemented AI in the Vitality Health customer journey, making the application process more efficient and intuitive. This optimisation improved direct-to-customer acquisition performance and delivered a significant uplift in direct sales."
Dave Priestley
Executive at Vitality Health
Aligning with Underwriting Platforms
"We were impressed with the focus that Optalitix have brought to their rating module, and the simplicity of connecting with the modular design that our proprietary in-house underwriting system is based upon."
Anthony Dagostino
President of Avoca Risk
Standardising and Tracking Pricing Models
"A great, simple solution that can allow insurers to track and standardise pricing"
Joe Bracher
Head of Insurance Product and Underwriting at YuLife
SECURE AND FUTURE PROOF
Enterprise-Ready Platform.
- Secure, scalable infrastructure built to support complex pricing and underwriting workflows
Secure
- We are ISO27001 certified with high levels of system and data security
IP protection
- Protect the intellectual property in your models
Future-proof
- Faster implementation with flexible, future-ready architecture
FAQs
Can I use AI with models?
Yes. Optalitix Models enables client to connect pricing and underwriting workflows to leading AI platforms via API.
Can I create a calculator for my website?
Absolutely. Any website can be enhanced with a Models calculator, which can be accessed via an API integration or our own hosted web form styled according to client requirements.
How long does it take to learn how to use it?
Most clients learn how to use Models in 1 hour as there is no code needed. Easy to use training material with sample models is available for users.
What about model governance?
Every model calculation is tracked by model type and version, including the calculation inputs and outputs as well as model performance data. This enables regulated companies to meet regulatory and audit requirements from a single, easily accessible location.
How can the models be used?
Our clients use models for their pricing and underwriting decisions as well as claims assessments, sales propensity, credit models, and fraud checks. They connect them to existing systems via API integrations, enabling easy updates to their models without changing other systems.
How scalable is the system?
The system is built on a Google Cloud platform with a fully scalable infrastructure. There is no limit to the calculations you can run, and how much the system can scale to meet your requirements.
How long does it take to convert a model?
It takes 1 to 10 minutes to convert most models.
Do I need to know any code to use it?
No, Models is a no-code platform, so models can be created and updated with no code.
What model types can be hosted by Models?
Models hosts their Excel, Python, R, GLM and SQL models natively, and it can easily connect to any hosted model with an API.
What is Models used for?
Optalitix Models hosts any type of model in a central location where it can be easily connected to existing systems, updated and monitored in a controlled way.
One platform for the entire pricing lifecycle
Bring all of your models and data together with full governance, ensuring your business can price confidently, consistently and at scale