AKUR8

Akur8 is revolutionizing insurance pricing with Transparent AI. Akur8 developed a unique AI-based insurance pricing solution that automates modeling for insurance companies while keeping full transparency and control on the models created, as required by regulators worldwide. Akur8 is the only solution on the market reconciling Machine Learning and Actuarial worlds - enabling customer lifetime value based price optimization. Specifically developed for non-life insurers, Akur8’s solution enhances insurers’ pricing processes by automating risk and demand modeling, using Transparent AI proprietary technology. The core benefits for insurers include a reduction in modeling time, which will accelerate time to market, and an increase in predictive power, while keeping full transparency and control over the models created.