Yuzzu significantly decreased the time spent in risk modeling
Belgium
Goal
Offer more personalized and affordable prices for a simpler and smoother customer journey
Module used
Results
Significant time reduction in risk modeling
What they say about Akur8
“We are delighted to announce our partnership with Akur8, which we believe is an advanced and effective solution in the P&C retail market for risk modeling. The results we observed during the 2-week pilot were compelling, considering both our prediction indicators and the significant time reduction in risk modeling. Above all, we expect it to be of great value for our customers, with increased personalization and targeted pricing, contributing to offering them a fair insurance policy.”
François Moyrand, Head of Products, Pricing & Analytics at Yuzzu
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Akur8 nous permet de boucler notre tarification en un ou deux jours. Il y a aussi une vraie flexibilité : s’il y a un petit changement dans la base de données, nous pouvons relancer immédiatement les études sans perdre de temps, en utilisant le modèle initial pour ajuster le nouveau modèle. Enfin, il y a la transparence : nous pouvons désormais partager les résultats avec les autres [membres de l'équipe], qui ont accès à l’ensemble du processus de tarification afin de challenger ce que nous avons fait. Donc c’est totalement transparent, rapide et flexible.
“Esta alianza con Akur8 es una prueba más de nuestro ADN tecnológico y digital. Apostar por tecnología de primer nivel para lograr una tarificación más rápida, precisa y totalmente transparente es un factor diferenciador, y en HDI Seguros estamos entusiasmados de liderar el camino.”
“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.”
