Akur8, the AI insurance pricing company

Entered in: Innovative Insurtech

Akur8 is revolutionising non-life insurance pricing with Transparent AI, bringing unprecedented speed and accuracy across the pricing process without compromising on auditability or control. Our modular pricing platform automates technical and commercial premium modelling. It empowers insurers to compute adjusted and accurate rates in line with their commercial strategy while materially impacting their business and maintaining absolute control of the models created, as required by regulators. Time spent modelling is reduced by 10x, the models’ predictive power is increased by 10% and loss ratio improvement potential is boosted by 2-4%.

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