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Akur8 helps insurance companies price risk more effectively with a cloud-based AI pricing platform. It automates the creation of production-ready statistical models called GAMs and GLMs using its own algorithms. Pricing teams can access these models through a SaaS API, plug the system into their data sources, and apply machine learning and analytics to forecast costs more accurately. Unlike many AI tools, Akur8 keeps models transparent, auditable, and editable, which supports compliance and gives customers control over their pricing logic. This makes it faster and easier for insurers to build predictive pricing models and improve profitability. In short, Akur8 enables faster, more accurate pricing decisions that help optimize the combined ratio and loss ratio.
Industries
Data & Analytics
Enterprise Software
AI & Machine Learning
Financial Services
Company Size
201-500
Company Stage
Series C
Total Funding
$186.2M
Headquarters
Paris, France
Founded
2018
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Total Funding
$186.2M
Above
Industry Average
Funded Over
5 Rounds
Industry standards
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
401(k) Retirement Plan
401(k) Company Match
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Flexible Work Hours
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Akur8 partners Tune Protect to enhance pricing capabilities. April 7, 2026 @ 5:10am Deeper Dive BETA Why is insurance shifting to embedded travel solutions? KUALA LUMPUR: Akur8 has teamed up with Tune Protect Malaysia to strengthen the insurer's pricing capabilities. Built specifically for insurers, Akur8's platform enhances pricing processes using proprietary machine-learning technology. Key benefits for the property and casualty insurance segment include faster model development, greater transparency through explainable outputs, and improved data-driven pricing decisions that can be clearly communicated across stakeholders. Tune Protect appointed representative Hans-Joachim Zimmermann said Akur8's risk module offers advanced tools and diagnostics that streamline the model selection process. "The rate module further improves efficiency by simplifying post-modelling analysis and implementation studies, effectively replacing a time-consuming spreadsheet-based approach," he said. By adopting Akur8 Pricing, Tune Protect's pricing team is able to accelerate pricing cycles while enhancing collaboration through more transparent and structured modelling. Zimmermann said the move marks a key step in strengthening pricing governance, improving operational agility, and accelerating data-driven decision-making across the organisation. Akur8 chief executive officer Samuel Falmagne lauded Tune Protect's continued efforts to strengthen its pricing mechanisms. "By equipping their teams with Akur8 pricing, we are supporting their journey towards more agile, transparent, and future-ready pricing processes at scale," he said.
Akur8, an actuarial AI platform, has acquired Slope Software, a cloud-native actuarial modelling platform for life insurance and pensions. The deal expands Akur8's offering beyond non-life insurance into the life insurance and retirement savings market. Founded in 2015 in Atlanta, Slope Software has built a client base of major life insurers, reinsurers and consulting firms. Its SLOPE platform provides integrated cash flow modelling supporting projections across the contract lifecycle, from pricing and technical provisions to forecasting. Following the acquisition, SLOPE will be rebranded as Akur8 Life and benefit from Akur8's research and development capabilities. The combined entity will offer a unified solution for multi-line insurers covering both life and non-life actuarial needs. Akur8 currently serves over 300 clients across 40 countries.
PARIS and ATLANTA, March 17, 2026 (GLOBE NEWSWIRE) -- Akur8, the leading Global Actuarial AI platform, announced today it has acquired Slope Software, a...
Akur8 enters Life and Annuity insurance market with strategic acquisition of Slope Software. PARIS and ATLANTA, March 17, 2026 (GLOBE NEWSWIRE) - Akur8, the leading Global Actuarial AI platform, announced today it has acquired Slope Software, a cloud-native, all-in-one actuarial modeling platform for life insurers and pension firms. The transaction expands Akur8's offering beyond Property and Casualty (P&C) into the Life and Annuity (L&A) market, marking a pivotal milestone in its mission to serve actuaries worldwide with best-in-class tools and AI applied where they deliver the greatest impact. Built for total transparency and auditability, SLOPE is a fully hosted cash-flow modeling solution that supports projections across the policy lifecycle, from pricing and valuation to forecasting. Founded in 2015 in Atlanta, Georgia, Slope Software has built a strong customer base including tier-one life insurers, reinsurers, and consulting firms. The vision behind SLOPE was born from the same fundamental belief that inspired Akur8: unlocking the full potential of actuaries by empowering them to make better decisions faster, with tools embedded seamlessly into their workflows and designed to challenge the legacy status quo in actuarial modeling. SLOPE's transparent, cloud-native, user-friendly approach is a strong fit with Akur8's product DNA. Together, Akur8 and Slope Software will deliver a unified offering for multi-line carriers, providing a one-stop solution that supports both P&C and L&A actuarial needs. Following the acquisition, SLOPE will be integrated as Akur8 Life and will benefit from Akur8's R&D capabilities to accelerate innovation and product development. Management Comments Samuel Falmagne, CEO, Akur8 "Slope Software has built an exceptional platform that transforms how life actuaries work, and their vision mirrors our own: empowering actuaries with modern, intuitive tools that eliminate legacy constraints. Bringing SLOPE into the Akur8 family expands our reach into life insurance, and together we'll accelerate innovation and deliver even greater value to actuaries worldwide." Andy Smith, Co-founder and Chief Strategy Officer of Slope Software "The benefits of joining Akur8 are so clear. Akur8's vision and founder mindset are closely aligned with the one Taylor and I have for SLOPE, and with our combined resources we're well positioned to deliver a best-in-class actuarial platform, making Akur8 the obvious choice for anyone seeking a modern, flexible, and powerful actuarial solution." Taylor Perkins, Co-founder and Chief Technology Officer of Slope Software "Joining forces with Akur8 gives us the resources and R&D capabilities to scale our vision faster than we ever could alone. Our customers will benefit from enhanced innovation, expanded capabilities, and the backing of a global leader in actuarial technology. This partnership ensures that life actuaries will continue to receive the cutting-edge tools they need to excel in an increasingly complex market." About Akur8 Akur8's Global Actuarial AI Platform is transforming the insurance industry with an innovative suite of pricing and reserving solutions. Built on cutting-edge technology and actuarial excellence, Akur8 delivers speed, performance, transparency, and reliability for insurers of all sizes across Property and Casualty (P&C) and Life and Annuity (L&A) markets. Akur8 serves 300+ customers across 40+ countries, including global carriers AXA, Generali, Munich Re, Europ Assistance, Tokio Marine and MS&AD; personal and commercial P&C insurers TMNAS, FCCI, NEXT, HDVI and specialty P&C insurer Canopius. Over 3,000 actuaries use Akur8 daily to build their pricing models and reserving projections across all lines of business. About Slope Software Slope Software delivers SLOPE, a transparent actuarial modeling platform that provides complete visibility across the modeling lifecycle, from initial assumptions to resulting outputs. Built on cloud-native architecture and embedded with end-to-end traceability and control, SLOPE empowers actuaries to streamline workflows, deepen analysis, and deliver defensible decisions with confidence. Media Contact Vera Buttinger Head of International Marketing Akur8 [email protected]
Akur8, an InsurTech provider specialising in insurance pricing and reserving, has acquired Matrisk, an AI-driven platform that converts unstructured regulatory filings into searchable market intelligence. Financial terms were not disclosed. The acquisition enables Akur8 to launch Akur8 Discover, a new product that uses AI to search and analyse Property & Casualty rate and rule filings. The tool allows insurers to benchmark rating strategies, track market developments across states and territories, and anticipate regulatory objections. Founded on transparent machine learning, Akur8 provides actuaries with solutions for building and deploying pricing models. The Matrisk acquisition expands its AI capabilities, particularly in large language models and unstructured data processing, strengthening its position as an actuarial platform for insurers modernising pricing workflows whilst maintaining regulatory alignment.
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Industries
Data & Analytics
Enterprise Software
AI & Machine Learning
Financial Services
Company Size
201-500
Company Stage
Series C
Total Funding
$186.2M
Headquarters
Paris, France
Founded
2018
Find jobs on Simplify and start your career today