12 November 2024 – Insurtech Optalitix, the insurance coverage underwriting software program supplier, immediately pronounces its partnership with the Insurance coverage Information Hub to boost underwriters’ skilled data and understanding of Underwriter Workbenches, a scorching subject for underwriters and actuaries available in the market.
The Insurance coverage Information Hub is offering a brand new course, ‘Mastering Underwriting Workbenches’, by way of its progressive new platform. That is as CPD-accredited on-line course that has been developed in partnership with Optalitix who’re excited by the power to spice up the experience of the insurance coverage {industry} by providing underwriters an accessible and manageable method to increase their understanding of recent insurance coverage know-how, together with pricing programs and AI.
The course will equip insurance coverage professionals with the data and expertise required to make use of underwriting workbenches. In partnership with Optalitix, the course explores the important position these instruments play in trendy insurance coverage operations, from enhancing effectivity and accuracy in underwriting processes to enhancing danger administration and compliance assurance.
Dani Katz, co-founder of Optalitix, mentioned: “We’re proud to companion with the Insurance coverage Information Hub and to provide one thing again to the market by sharing our specialist experience on this ground-breaking technical space of underwriting. Having labored in insurance coverage pricing for over 30 years, I realise the significance of underwriting for the {industry}. By a collection of centered video modules, individuals can find out about the advantages of integrating superior applied sciences, equivalent to analytics and automation, into underwriting workbenches, in the end main to higher decision-making, diminished loss ratios, and deeper perception into advanced dangers.”
“It’s a pleasure to collaborate with Optalitix on Mastering Underwriting Workbenches, as they carry industry-leading insights and know-how experience to the mission,” mentioned Insurance coverage Information Hub Founder, Nicole Efthymiou. “Working collectively, we’ve developed a course that not solely empowers insurance coverage professionals with important expertise but in addition showcases Optalitix’s innovation in underwriting know-how.
“Their dedication to advancing {industry} practices aligns completely with our mission to ship impactful, expert-led coaching that resonates with immediately’s insurance coverage panorama,” she added.
The course covers the sensible elements of changing pricing fashions into the system, guaranteeing mannequin compatibility and sustaining regulatory compliance, and offering a holistic view of how underwriting workbenches can rework insurance coverage operations.
In complete, the course includes ten video modules totalling round 50 minutes of viewing time and is adopted by a multiple-choice evaluation, which ought to take skilled customers between 10-Quarter-hour to finish.