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.
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
To use this package, you must also have Duck Creek Policy installed.
Installing the Package
After you are granted access to the Content Exchange packages you requested, use the Content Exchange Package Utility to install the package. This utility can be run on the server or on your local machine.
To install a package:
- Download and install version 3.5.0 of the Content Exchange Package Utility.
- Once installed, open the utility and use it to install or unzip your downloaded packages. Learn more about using this utility.
Some packages are completely installed by the Content Exchange Package Utility while others still require some manual steps. The documentation provided with each package includes any manual steps required to successfully install that package.