NEXT Insurance uses Akur8 to help scale pricing capability framework

Goal

Create high-performing and scalable predictive modeling framework pricing.

Results

Improved accuracy, speed and efficiency through seamless collaboration

What they say about Akur8

"Together with Akur8, we’re able to further innovate upon our current capabilities to deliver even more accuracy, speed and efficiency at scale for NEXT’s growing customer bases."

Phil Natoli, Chief Actuary at NEXT

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“With Akur8’s platform, our actuarial, data science, and product teams can collaborate seamlessly throughout the insurance pricing process. It ensures higher efficiency and delivers visual insights that are explainable across a variety of stakeholders.”

Peter Yin, Senior Actuarial Manager at NEXT

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Logo TMNAS (Tokyo Marine North America Services)

“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.”

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Logo Axa

“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.”

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Logo Generali

"La valeur apportée par Akur8 s’est révélée très rapidement. La vitesse de modélisation a été multipliée par cinq, tout en conservant un processus entièrement transparent et auditable. La simplicité d’utilisation de l’interface et sa dimension collaborative constituent de véritables atouts pour l’équipe, en facilitant son adoption au quotidien tout en améliorant la communication interne. La réactivité des équipes d’Akur8 a également joué un rôle déterminant dans notre montée en compétence très rapide."

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