Overview
Akur8’s proprietary machine learning algorithms automate rate modeling and produce model output that is easily explainable, transparent, and auditable. The integrated Akur8 Pricing solution and Duck Creek Policy/Rating product suite provide an end-to-end solution that enables insurers to accelerate time-to-market by building and deploying rates faster while being confident in the predictive power of their models and the safety of their decisions.
The Akur8 integration wizard provides users the ability to pull the intercept and coefficient factors generated by Akur8’s automated insurance pricing platform and export those factors into any line of business ManuScript for use in premium calculations. This direct export/import process increases security, lowers the risk of errors, and provides a seamless user experience from technical actuarial modeling to production.
The integrated product suite is available for all P&C lines of business globally.
Package Links
Dependencies for Package
The following tools and packages are required for correct implementation of the package.
Tools Needed to Complete the Package Installation
The following tools are needed to complete the package installation:
- Duck Creek Author
Dependencies
To use this package, you must also have Duck Creek Policy installed.
Policy
Rating