Insurtech firm Optalitix has announced a new partnership with Go.Compare, bringing its unique motor and home insurance pricing solution to insurers via the popular comparison site.
The collaboration, supported by Quantee’s cutting-edge pricing technology, is set to reduce insurers’ development costs, accelerate speed to market, and enhance pricing optimisation.
The partnership marks the latest step in Optalitix’s ongoing collaboration with Quantee, a dynamic insurance pricing platform. Together, they are offering a ready-to-use pricing solution that allows insurers to quickly price retail customers online and through aggregator platforms like Go.Compare.
Go.Compare is the first major aggregator to implement Optalitix Quote, an advanced underwriting tool that allows insurers to embed their pricing models with ease, significantly cutting system development time. By integrating with Quantee’s pricing engine, the solution provides highly accurate and optimised pricing for high-volume motor and home insurance products.
Dani Katz, Co-Founder and Director of Optalitix, commented, “We’re thrilled to partner with Go.Compare on this innovative pricing solution. The combination of Optalitix Quote and Quantee’s technology simplifies the onboarding process, allowing insurers quicker and more cost-effective access to Go.Compare’s platform, with superior pricing capabilities.”
Existing insurers, brokers, and intermediaries using Go.Compare will be able to transition to the Optalitix Quote system, which aims to lower costs and provide a robust infrastructure for converting more customers.
Hoodi Ansari, Director of Data & Operations at Go.Compare, added, “Go.Compare is committed to offering customers the widest range of products. By partnering with Optalitix and Quantee, we’ve developed a new pricing platform that addresses the infrastructure and data challenges faced by specialist providers. This will not only increase the use of Go.Compare but also provide valuable insights to help new entrants understand the market better.”
The collaboration offers insurers a powerful pricing solution, enhancing both cost efficiency and market reach on the Go.Compare platform.
