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Akur8 is revolutionizing insurance pricing with Transparent AI. Akur8 developed a unique AI-based insurance pricing solution that automates modeling for insurance companies while keeping full transparency and control on the models created, as required by regulators worldwide. Akur8 is the only solution on the market reconciling Machine Learning and Actuarial worlds - enabling customer lifetime value based price optimization. Specifically developed for non-life insurers, Akur8’s solution enhances insurers’ pricing processes by automating risk and demand modeling, using Transparent AI proprietary technology.
"Akur8 is a best-in-class pricing solution. The results we observed during the pilot phase are speaking for themselves, with dramatic reduction in modeling time and more predictive power of the …
"Akur8’s platform offers a best-in-class pricing ecosystem for data analytics, risk and demand modeling, rate making and impact assessment. Akur8’s pricing suite is fully integrated and easy to use. It …
"Akur8's value very quickly came to Iight. Modeling speed is 5x faster, while keeping a thoroughly transparent and auditable process. The user-friend liness of the interface and the collaborative aspect …
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