Insurance pricing runs on Akur8

Speed. Performance. Control.
Akur8 is transforming insurance pricing with Transparent AI

Akur8 listed amongst the top 100 Insurtech transforming the insurance industry

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The transformation imperative
for insurers

AI for Good vs.
AI made evil

Why ethical AI should be a top priority for insurers
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The power of Transparent AI:
a fast, accurate and safe rate making process

Automate your rate modeling process while preserving absolute control and transparency thanks to Akur8’s unique proprietary algorithms.
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Safety & transparency

• Avoid risk of adverse-selection, which can be highly costly
• Comply with local regulation

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• Reduce product time-to-market with automated modeling
• Increase productivity of pricing teams

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• Improve predictive power of risk models
• Build more precise and personalized prices

Quicker time-to-market
and improved performance

Akur8 allows for dramatic gains in modeling time and a strong increase in predictive power for a much higher speed-to-accuracy. This leads to both quicker time-to-market and greater accuracy in decisions made.

Discover the solution
Based on 3 benchmarks done by TOP10 worldwide insurers
Predictive power
Average Gini increase for our clients without increasing complexity

Akur8's solution in one glance

Specifically developed for non-life insurers, Akur8’s solution enhances insurers’ pricing processes by automating risk and demand modeling, using transparent Artificial Intelligence proprietary technology.
The core benefits for insurers include a reduction in modeling time, which will accelerate time to market, and an increase in predictive power, while keeping full transparency and control over the models created.

Screenshots of Akur8's product. On the left, a list displays several variables used to generate a GLM model, like the vehicle age or the number of claims.
On the right, a graph shows the exposure train (the blue charts), the coefficient value (a green curve), the fitted average in yellow and the observed average in purple.

They trust us

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Want to test Akur8?

80%+ of the insurers who did a pilot with us are using our solution.