Wakam decreased its modeling time and increased its predictive power with Akur8
Europe, UK
Goal
Provide Business Partners with tailor-made products, with accurate and transparent pricing
Module used
Results
Reduction in modeling time and more predictive power of the models
What they say about Akur8
“Akur8 is a best-in-class pricing solution. The results we observed during the pilot phase are speaking for themselves, with dramatic reduction in modeling time and more predictive power of the models. This will both accelerate our time-to-market and improve our pricing accuracy, bringing substantial value to our partners and the end-customer, in a time that requires ever more reactivity and transparency.”
Joanna Chardon, Chief Product and Pricing Officer at Wakam
Get in touch with our sales team to know more about the solution
Or discover other testimonials
"We chose Akur8 because it provides an amazing balance. On one hand, it gives you a lot of power and sophistication with very powerful underlying models. On the other hand, it provides a nice governance framework—some guardrails that allow you to let your pricing team free and focus on exactly what they do best, avoiding lengthy conversations with the engineering team every time you want to do a deployment. Essentially, you give them full control, going from insight to deployment."
“Akur8’s insurance pricing solution will enable TMNAS to quickly build intuitive and easily explainable predictive models across all products, providing new insights for underwriters. As a shared services company, it is key for us to be able to translate predictive information into useful measures for our clients. Akur8 will help us fill a missing component to complete the framework for transparent, and data-driven decision-making.”
“Akur8 helps us continue to strive for technical sophistication and empowers us to deliver valuable insurance solutions to our customers more efficiently while ensuring utmost transparency and control. We believe Akur8 will not only be an important asset to our team’s work along the whole pricing value chain, but also of great value to our customers for providing increased personalization and targeted pricing in a dynamic marketplace.”
