Addressing a significant gap in the healthcare insurance sector, Juniper is committed to offering comprehensive reproductive health insurance, a crucial aspect often overlooked by traditional healthcare products.
Optalitix operates as a software firm specialising in insurance, offering a platform designed for the pricing and underwriting of insurance policies.
The partnership marks a significant milestone in Juniper’s journey to provide accessible and inclusive reproductive health insurance solutions. By leveraging Optalitix’s cutting-edge ‘Optalitix Models’, Juniper aims to streamline its operations, ensuring swift and precise quotations while delivering a seamless service experience to brokers facilitating the introduction of its groundbreaking products to the market.
Greg Gwilliam, Head of Insurance Platforms at Optalitix, said: “We welcome Juniper as a partner. Their business covers a much-needed gap in the health insurance space and with Optalitix Models it will be perfectly positioned to seamlessly and easily scale up operations as demand for its products grows. Juniper has a very bright future.”
By using ‘Optalitix Models’, Juniper will be able to place its Excel models in the cloud with API integrations via a scalable operating system in a controlled environment. This enables enhanced audit trails, testing, progressive adoption, and correction without being limited by inefficient procedures or infinitely versioned Excel files with significant discrepancies.
“Working with Optalitix enables Juniper to ensure our reproductive health cover is the most comprehensive, inclusive, and seamless-to-use offering available,” said Sam Pratt, Co-founder and CPTO at Juniper. “In our industry, data lacks uniformity and processes are often exceedingly manual, which makes using the correct pricing model challenging.”
He added: “Parsing and normalising Excel spreadsheets is not our core business, and the effort required to get it right was immense. With Optalitix, we keep collaboration and iteration high, and maintain a single source of truth without building an expensive in-house solution. Impressively, Optalitix had our models imported, running, and integrated in under a day.”
