Optalitix, a technology company specialising in data analytics and automation for the insurance industry, has announced a new partnership with SortSpoke, an AI-powered document processing platform.
This collaboration enables underwriters to extract essential data from complex submissions five times faster, with full accuracy.
Through this partnership, insurers will be able to process, analyse, and act on critical data with unmatched speed and precision.
The integration of SortSpoke’s AI-driven document processing eliminates the need for custom coding to parse emails and attachments, as well as the time-consuming manual triaging of applications.
By incorporating SortSpoke’s capabilities, insurers can significantly reduce manual workload, speed up the quote generation process, and enhance underwriting accuracy, ultimately driving greater efficiency across the board.
“SortSpoke’s solution seamlessly extracts and structures complex submission data without the need for manual intervention. This partnership enables us to focus on delivering clean data and optimising workflow implementation for our clients, which is a game-changer,” commented Jon Shapiro, Founding Director at Optalitix.
SortSpoke’s AI-powered data extraction technology helps insurers streamline the processing of large volumes of submission documents, minimising manual labor and boosting risk assessment accuracy.
Through this collaboration, SortSpoke will enable Optalitix customers to effortlessly integrate AI-extracted data into their pricing and underwriting processes. This will enhance risk selection, improve pricing accuracy through AI-driven insights, and allow insurers to scale their underwriting operations to handle growing submission volumes more efficiently.
“Underwriting teams today need speed, accuracy, and flexibility—and this partnership delivers just that,” added Jasper Li, CEO of SortSpoke.
“By combining SortSpoke’s AI-powered document processing with Optalitix’s advanced underwriting and pricing models, we’re enabling insurers to streamline their entire workflow, from submission intake to policy binding.”
Prior to this partnership, insurers using SortSpoke had to manually incorporate extracted submission data into their underwriting models. With the integration of Optalitix, the entire process is now automated, allowing for real-time decision-making and significantly reducing the time from submission intake to quote generation.
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