PZU deployed Akur8 for its entities in Lithuania and Estonia

Location:

Baltics

Goal

Results

Two entities deployed (Lithuania and Estonia)

Feedback

“Akur8 offers a game changing approach to ratemaking compared to manual solutions, that we were eager to adopt. The benefits in terms of speed and performance are major, while the process is robust and safe. The collaborative and intuitive interface, the smart features as well as the reactive and proficient support were also greatly appreciated by our pricing teams.”

Julius Kondratas, Technical Director and Management Board Member of Lietuvos Draudimas AB

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Actuaries working with Akur8 solution

Drive business value by bringing your end-to-end pricing process to the next level

Akur8 is the only technology on the market that automates the generation of production-ready GAM/GLMs. Thanks to its unique proprietary algorithms, it delivers tremendous business value by unlocking untapped combined ratio improvement. 

Why Akur8?

Other use cases

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Bass underwriters

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“Providing efficient, reliable and consistent pricing creates a win-win for the risk taker and agent. Having the ability to improve risk pricing by running complex models and updating those models as new data comes in at any moment is a game changer for us, and a competitive differentiator. It is crucial for the rapidly changing E&S marketplace.”

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Axa

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“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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Axa

Japan

“The partnership with Akur8 illustrates Axa Direct Japan’s commitment to delivering the highest quality and best experience possible to our customers, by partnering with the best-in-class player in their field, for a process as core as pricing decisions. It is also a strong embodiment of the pursuit of our exciting digital transformation journey.”

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