Akur8

The next generation of insurance pricing.

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Overview

Akur8 is a SaaS platform that uses transparent AI to automate the insurance pricing process. It helps actuaries and pricing teams build more accurate and predictive models faster, while maintaining full transparency and control. The platform is designed to enhance the capabilities of actuaries, not replace them.

✨ Key Features

  • AI-powered Rate Making
  • Transparent AI
  • Automated Modeling
  • Data-driven Pricing
  • Collaboration Tools

🎯 Key Differentiators

  • Transparent AI for insurance pricing
  • Automation of the rate making process
  • Focus on empowering actuaries

Unique Value: Automates and accelerates the insurance pricing process with transparent AI, enabling insurers to build more accurate models faster.

🎯 Use Cases (4)

Automating the insurance rate making process Building more accurate and predictive pricing models Improving speed to market for new rates Enhancing collaboration between actuarial and business teams

✅ Best For

  • Adopted by a growing number of insurers globally to modernize their pricing processes.

💡 Check With Vendor

Verify these considerations match your specific requirements:

  • Not a comprehensive analytics platform for claims, fraud, or marketing.

🏆 Alternatives

Earnix WTW SAS

Offers a more automated and transparent approach to rate making compared to traditional actuarial software or general-purpose data science platforms.

💻 Platforms

Web API

🔌 Integrations

R Python Various data sources

🛟 Support Options

  • ✓ Email Support
  • ✓ Live Chat
  • ✓ Phone Support
  • ✓ Dedicated Support (Enterprise tier)

🔒 Compliance & Security

✓ SOC 2 ✓ GDPR ✓ ISO 27001 ✓ SSO ✓ SOC 2 ✓ ISO 27001

💰 Pricing

Contact for pricing

Free tier: NA

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