IAMIC to Use Opterrix for Proactive Claims and Underwriting Risk Intelligence - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Advertise
    • Contact
    • Editorial Staff
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
February 23, 2022 Newswires
Share
Share
Tweet
Email

IAMIC to Use Opterrix for Proactive Claims and Underwriting Risk Intelligence

PR Newswire

MADISON, Wis., Feb. 23, 2022 /PRNewswire/ -- Opterrix™, a leader in proactive risk management for the property and casualty insurance industry, today announced that the Illinois Association of Mutual Insurance Companies (IAMIC) has licensed Opterrix software and weather data to enhance its claims management and underwriting focus.


Optimizing Proactive Risk Intelligence (PRNewsfoto/Opterrix)

"Their software has already provided valuable storm insights for proactive agent and policyholder engagement."  Jackie Rackers, Executive Director at IAMIC

"We are excited to partner with Opterrix and provide our members with leading-edge technology for claims and underwriting management," said Jackie Rakers, IAMIC's Executive Director. "The Opterrix team has been fantastic, and their software has already provided valuable storm insights for proactive agent and policyholder engagement."

Opterrix is a high-performance risk analysis platform that empowers insurers to proactively identify, quantify and mitigate avoidable losses while reducing claims expenses and increasing policyholder engagement. Opterrix leverages advanced data science and integrated workflows to drive innovative strategies throughout the insurance value chain.

"Having spent my childhood on an Illinois farm, I have firsthand experience of the value that county mutuals bring to local communities," said Ben Zimmerman, CEO of Opterrix. "It is a privilege to partner with IAMIC and assist in the mission of fortifying the sustainability of their membership."

About Opterrix

Opterrix is a proactive risk management platform that empowers insurance carriers to achieve sustained profitability through innovative data science and automated workflows. Opterrix streamlines and automates time-sensitive decision making throughout the insurance value chain with:

  • Real-time accumulation analysis and moratorium automation
  • Intelligent storm monitoring and automated notifications
  • Proprietary weather data algorithms
  • Street-level storm analysis and predictive claims modeling

To learn more about Opterrix, please visit us at www.Opterrix.com

About IAMIC 

The Illinois Association of Mutual Insurance Companies is a trade association comprised of farm mutual insurance companies. Mutual insurance, like the farming industry, has been a part of the Illinois landscape for well over a century. IAMIC provides member companies with educational opportunities, professional development, legislative support, and industry recognition.

To learn more about IAMIC, please visit www.iamic.org

Media Contact: Ben Zimmerman[email protected]
608-301-5629

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/iamic-to-use-opterrix-for-proactive-claims-and-underwriting-risk-intelligence-301487758.html

SOURCE Opterrix

Older

Main Reasons Why Auto Insurance Discounts Are So Useful

Newer

Survey Reveals Middle Market Companies Struggling to Navigate Supply Chain Disruption, Labor Shortage Among Other Business Challenges and Risks

Advisor News

  • 5 things I wish I knew before leaving my broker-dealer
  • Global economic growth will moderate as the labor force shrinks
  • Estate planning during the great wealth transfer
  • Main Street families need trusted financial guidance to navigate the new Trump Accounts
  • Are the holidays a good time to have a long-term care conversation?
More Advisor News

Annuity News

  • Product understanding will drive the future of insurance
  • Prudential launches FlexGuard 2.0 RILA
  • Lincoln Financial Introduces First Capital Group ETF Strategy for Fixed Indexed Annuities
  • Iowa defends Athene pension risk transfer deal in Lockheed Martin lawsuit
  • Pension buy-in sales up, PRT sales down in mixed Q3, LIMRA reports
More Annuity News

Health/Employee Benefits News

  • House GOP passes 'first step' health care bill, considers broader package in 2026
  • Speaker Johnson Says He Will Not Call for a Vote to Extend Healthcare Subsidies
  • Study Findings from Danielle Laperche-Santos et al Broaden Understanding of Breast Cancer (Impact of public vs. private insurance coverage on quality of life of women with early-stage estrogen receptor-positive breast cancer): Oncology – Breast Cancer
  • Becky Johnson: Why are health coverage costs increasing under the Affordable Care Act in North Carolina?
  • IDHW hears concerns on Medicaid managed care transition
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • Best’s Market Segment Report: Hong Kong’s Non-Life Insurance Segment Shows Growth and Resilience Amid Market Challenges
  • Product understanding will drive the future of insurance
  • Nearly Half of Americans More Stressed Heading into 2026, Allianz Life Study Finds
  • New York Life Investments Expands Active ETF Lineup With Launch of NYLI MacKay Muni Allocation ETF (MMMA)
  • LTC riders: More education is needed, NAIFA president says
More Life Insurance News

- Presented By -

Top Read Stories

More Top Read Stories >

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Slow Me the Money
Slow down RMDs … and RMD taxes … with a QLAC. Click to learn how.

ICMG 2026: 3 Days to Transform Your Business
Speed Networking, deal-making, and insights that spark real growth — all in Miami.

Your trusted annuity partner.
Knighthead Life provides dependable annuities that help your clients retire with confidence.

Press Releases

  • Two industry finance experts join National Life Group amid accelerated growth
  • National Life Group Announces Leadership Transition at Equity Services, Inc.
  • SandStone Insurance Partners Welcomes Industry Veteran, Rhonda Waskie, as Senior Account Executive
  • Springline Advisory Announces Partnership With Software And Consulting Firm Actuarial Resources Corporation
  • Insuraviews Closes New Funding Round Led by Idea Fund to Scale Market Intelligence Platform
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Advertise
  • Contact
  • Editorial Staff
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2025 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet