AKUR8

Akur8 is transforming insurance pricing with Transparent AI, by automating the rate-making process while retaining complete control of the process and the output.

About AKUR8

Akur8’s proprietary machine learning algorithms automate rate modeling while preserving control and transparency throughout the process. We replace the manual processes of legacy solutions and the need to build and maintain large code bases through custom R/Python developments, while maintaining an output that is understandable & auditable.

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About this Partner

Akur8 accelerates your speed-to-accuracy by 10X without sacrificing transparency & control. Your team can focus on decision-making and fine-tuning, rather than on model construction and data-engineering.

Akur8 minimizes costly compliance issues and risk of adverse selection thanks to a better governance over the rate making process.

Our collaboration-focused platform and intuitive interface designed for actuaries ensures easy transitions between your team members, faster ramp-ups, and continuity between projects.

Get started with zero IT implementation effort thanks to a seamless integration within your environment and the Duck Creek Suite.

Akur8 is a cloud-based, SaaS-native solution that automates GAM/GLM modeling with proprietary machine learning algorithms that took years of R&D to develop.

Akur8’s RISK product enables precise and automated cost-based predictive modeling. This includes interaction automation, integrated geographic smoothing, dislocation analysis, data visualization, and much more. The output is fully transparent and production-ready.

Akur8’s MARKET INSIGHTS & IMPACT ANALYSIS product enables demand-side analysis including conversion analysis, price elasticity insights and scenario analysis.