The complete actuarial software for the modern actuary
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Experience a fully integrated, end-to-end actuarial solution
Build your production-ready rate plan.
Make the most informed decisions based on your business objectives
Automatically find the best rates to meet your business objectives*
*The Akur8 Optim module is only available in markets where regulation allows.
The solution to your complex insurance pricing challenges
What makes Akur8 Pricing unique?
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Machine learning native
- Proprietary algorithms to build natively transparent models (GLMs, GAMs) automatically
- ML intelligently applied throughout the entire platform to help you solve your business challenges
- Intuitively automate mundane tasks and incorporate your best judgment at lightning speed
Modern cloud-native technology
- Seamlessly integrate into your ecosystem with productized API
- Run multiple projects in parallel, leveraging scalability of cloud-computing power
- Collaborate with your colleagues and share work with one-click links
Unmatched user experience
- Live actuarial team available in real-time
- Modern, flexible and visually intuitive platform for quick adoption
- Actuarial and data science best practices embedded into a no-code platform to achieve best-in-class modeling
Unmatched user experience
- Live actuarial team available in real-time
- Modern, flexible and visually intuitive platform for quick adoption
- Actuarial and data science best practices embedded into a no-code platform to achieve best-in-class modeling
Modern cloud-native technology
- Seamlessly integrate into your ecosystem with productized API
- Run multiple projects in parallel, leveraging scalability of cloud-computing power
- Collaborate with your colleagues and share work with one-click links
Machine learning native
- Proprietary algorithms to build natively transparent models (GLMs, GAMs) automatically
- ML intelligently applied throughout the entire platform to help you solve your business challenges
- Intuitively automate mundane tasks and incorporate your best judgment at lightning speed
Benefit from an industry-leading solution made by actuaries for actuaries
Price 10x faster
- Improve time to market thanks to an automated and integrated process without IT bottleneck
- Adapt to evolving market conditions faster than your competitors
- Spend more time on analysis and value-added projects
Price for impact
- Build stronger models for more competitive and accurate pricing
- Drive reporting and alignment with internal stakeholders and make better decisions to reach your business objectives
- Grow profitability with improved loss ratio / combined ratio
Price with confidence
- Enhance reliability and streamline transitions to ensure quality throughout the entire pricing process, from risk and demand modeling to deployment
- Ensure regulatory compliance now and in the future with our automated, comprehensive reporting features
- Adapt to your needs and scale with your ambitions
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Price with confidence
- Enhance reliability and streamline transitions to ensure quality throughout the entire pricing process, from risk and demand modeling to deployment
- Ensure regulatory compliance now and in the future with our automated, comprehensive reporting features
- Adapt to your needs and scale with your ambitions
Price for impact
- Build stronger models for more competitive and accurate pricing
- Drive reporting and alignment with internal stakeholders and make better decisions to reach your business objectives
- Grow profitability with improved loss ratio / combined ratio
Price 10x faster
- Improve time to market thanks to an automated and integrated process without IT bottleneck
- Adapt to evolving market conditions faster than your competitors
- Spend more time on analysis and value-added projects
Onboard with Akur8
Akur8 has built-in high quality support from our actuarial and data science teams - from pilot stage, through testing and implementation, to daily use.
Rely on advanced security & compliance standards
Customer trust and data security is of the utmost importance to Akur8. We are committed to protecting your data by adopting the highest security standards.
Frequently Asked Questions about Akur8’s actuarial software for insurance pricing
Can your actuarial software be adapted for my pricing team?
Akur8 adapts to all insurance pricing teams, small or large, with different experience levels. Our solution is designed for business users, and no coding skills are required! It allows for a fast ramp-up and is collaborative by design, so junior team members and newcomers will become proficient in a short time.
My team has become accustomed to our current insurance pricing process. Won’t we lose time learning a new platform?
Ramping up on Akur8 is fast thanks to its intuitive and friendly user interface (UI). Once you’ve tried it, you will not want to go back!
How will Akur8 bring additional value to my current actuarial system?
We offer a free pilot so you can directly compare our industry leading solutions and their performance with your current process and actuarial modeling tool.
Is Akur8 relevant for all lines of business?
Akur8 is deployed around the world across all non-life lines of business. This includes P&C and health - whether personal, commercial or specialty lines - all the way to pet insurance. It is used on a daily basis by large international insurers as well as insurtechs and MGAs. It is equally efficient on small and large data sets, so reach out and see for yourself!
Does Akur8 cover the pricing process end-to-end?
Akur8 covers the entire pricing process with a very broad scope, including data ingestion, scenario testing, building commercial premiums/rating plans, and deployment with our pricing engine. Our solutions ensure seamless integration, enhancing reliability and streamlining transitions to maintain quality throughout. Additionally, Akur8 is API-enabled to facilitate smooth integration with your pricing pipeline.
