Mon, Dec 23 2024
As part of a collaboration between the two companies, insurtech startup Optalitix will use its cutting-edge technologies to improve the operational effectiveness of Burns & Wilcox's CRM and underwriting systems.
The main objective of the partnership is to increase productivity so that Burns & Wilcox can safely and more easily manage its pricing models.
Burns & Wilcox anticipates streamlining its operations through the integration of Optalitix's technology, especially by connecting critical underwriting and CRM systems.
Dedicated software is provided by Optalitix, a leading supplier of cutting-edge underwriting and InsurTech solutions, to assist companies in improving their workflow automation and data management.
Optalitix Quote, their main solution, has sophisticated capabilities that allow for more underwriting customization.
As a prominent player in the wholesale insurance brokerage and underwriting market, Burns & Wilcox UK, a division of the H.W. Kaufman Group, offers a comprehensive range of insurance products and services to companies throughout the globe.
Burns & Wilcox will profit from this partnership's Optalitix Quote API connection with Salesforce, which will enable the business to grow without incurring additional expenses for human resources.
The collaboration also provides improved sales and actuarial analysis, as well as the ability to easily interface with new technologies and continue to support modifications to the underwriting procedure.
Burns & Wilcox's internal procedures, including enquiry logging, underwriting, and risk recording, will be made easier by the integration of Optalitix's technology, guaranteeing that the company's data is maintained securely, thoroughly, and promptly.
According to Optalitix Head of Insurance Greg Gwilliam, "We believe the innovative Flow features of Optalitix Quote will assist Burns & Wilcox in increasing their underwriting customisation options at pace." "We are eager to enhance our offering for London MGAs and customize a solution for Burns & Wilcox."
Stuart Kilpatrick, managing director of Burns & Wilcox UK, added, "We are delighted to be working with such an innovative solution provider," in regards to the partnership. Our teams can now easily and securely verify that our data is timely, accurate, and comprehensive by facilitating and connecting various processes for risk recording, underwriting, and enquiry tracking.
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