Akur8

Akur8

AI-powered SaaS pricing optimization for insurance

Overview

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.

About Akur8

Simplify's Rating
Why Akur8 is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

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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Simplify's Take

What believers are saying

  • August 11, 2026 Guidewire Marketplace Accelerator shortens PolicyCenter integrations from months to weeks.
  • June 16, 2026 Verisk alliance strengthens Akur8 with ISO ERC support.
  • Akur8 claims 350 customers across 40-plus countries, showing broad cross-sell momentum.

What critics are saying

  • Guidewire, Verisk, and incumbent rating vendors can bundle similar workflows by 2027.
  • Integration-heavy deployments slow revenue recognition and strain implementation teams across carriers.
  • Pricing automation is crowded; one failed flagship insurer reference damages enterprise sales credibility.

What makes Akur8 unique

  • Akur8 sells transparent actuarial AI, not black-box pricing, for audit-heavy insurers.
  • Deploy, Rate Repo, and Discover create an end-to-end actuarial workflow across pricing.
  • Slope Software acquisition expanded Akur8 into life and annuity on March 17, 2026.

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Funding

Total Funding

$186.2M

Above

Industry Average

Funded Over

5 Rounds

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Above Average

Industry standards

$50M
$50M
Medium
$62M
SeatGeek
$100M
Oura
$120M
Akur8

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

401(k) Retirement Plan

401(k) Company Match

Remote Work Options

Hybrid Work Options

Paid Vacation

Paid Sick Leave

Paid Holidays

Unlimited Paid Time Off

Flexible Work Hours

Stock Options

Company Equity

Wellness Program

Mental Health Support

Gym Membership

Phone/Internet Stipend

Home Office Stipend

IT equipment allowance

Professional Development Budget

Conference Attendance Budget

Tuition Reimbursement

Professional Certification Support

Mentorship Program

Adoption Assistance

Family Planning Benefits

Fertility Treatment Support

Parental Leave

Relocation Assistance

Sabbatical Leave

Childcare Support

Elder Care Support

Commuter Benefits

Meal Benefits

Employee Discounts

Company Social Events

Growth & Insights and Company News

Headcount

6 month growth

3%

1 year growth

0%

2 year growth

5%
Akur8
Aug 11th, 2026
Akur8 launches Guidewire Marketplace Accelerator for Deploy, its modern external rating engine.

Akur8 launches Guidewire Marketplace Accelerator for Deploy, its modern external rating engine. New partner New York, NY August 11, 2026 Akur8, the global actuarial AI platform, announced today the launch of its new Akur8 Deploy Rating Accelerator on Guidewire Marketplace. Built for Guidewire PolicyCenter customers, the extension connects PolicyCenter and Deploy, Akur8's modern external rating engine, cutting integration timelines from months to weeks. By delivering a metadata-driven mapping and transformation layer between PolicyCenter and Deploy's rating API, the extension for Deploy reduces the custom integration effort required to connect PolicyCenter and Deploy's rating API. Insurers using the extension can compress that integration phase into a matter of weeks while enabling real-time rating within native PolicyCenter quote workflows. For actuarial and pricing teams, the extension enables greater control over the rating lifecycle. Once live, actuarial teams can update rating logic, push new rates, and launch revised products directly in Akur8 Deploy, without requiring IT tickets or PolicyCenter redeployment. This reduces reliance on policy administration system release cycles and helps insurers bring rate changes to market faster. Key capabilities include: * Faster implementation through pre-built mappings between PolicyCenter and Akur8 Deploy * Real-time rating within PolicyCenter quote workflows, returning itemized rating factors and premium breakdowns without disrupting the native Guidewire user experience * Supports both online quote-time rating calls from PolicyCenter and off-line batch re-rating use cases * Reduced integration risk through standardized transformation logic, validation scripts, and Guidewire-aligned delivery guidance * Greater actuarial control over rating updates, testing, and deployment from model to policy The extension for Deploy is available now to new and existing Akur8 customers and is supported by Akur8's dedicated delivery team. For more information, visit akur8.com or contact your Akur8 account team. Management comments. Samuel Falmagne, CEO, Akur8 "The Guidewire ecosystem is a critical pathway to market for P&C carriers, and this extension reflects our long-term commitment to meeting insurers where they already operate. Deploy was built to give actuarial teams greater autonomy over the rating process. By prebuilding the integration between Guidewire PolicyCenter and Deploy, we are making that autonomy accessible to a much broader set of carriers. This is about more than technical efficiency; it is about what pricing teams can achieve on their own, without depending on IT." Wade Mansoori, Head of Solution Delivery, Akur8 "External rating engine integrations have historically required months of custom middleware development, with actuarial, IT, and system integrator teams coordinating just to connect the rating engine with PolicyCenter. With this extension, that work is packaged into a repeatable, standards-aligned delivery framework. Carriers benefit from a tested mapping specification, validated QA scripts, and a sprint structure that aligns with Guidewire implementation standards. The result is a dramatically shorter path from contract to live rating." About akur8. Akur8's Global Actuarial AI Platform is transforming the insurance industry with an innovative suite of actuarial 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 350 customers across 40+ countries, including P&C global carriers AXA, Generali, Munich Re, Europ Assistance, Tokio Marine and MS&AD; commercial P&C insurers TMNAS, FCCI, NEXT, HDVI and Canal; personal and commercial P&C insurers Cypress, Madison Mutual, Western Reserve Group and Georgia Farm Bureau and specialty P&C insurer Canopius. Over 3000 actuaries use Akur8 daily to build their pricing models and reserving projections across all lines of business. Media contact. Heide Sacher Head of Marketing, US & Canada Akur8 908-977-6526 [email protected]

II Reporter
Jun 16th, 2026
Akur8 joins Verisk Alliance network.

Akur8 joins Verisk Alliance network. Akur8's rating engine will support customer-imported ISO Electronic Rating Content for insurers using licensed Verisk rating material. Anthony R. O'Donnell // June 16, 2026 (Image source: Akur8 website.) Akur8 (Paris) has joined Verisk's (Jersey City, N.J.) Strategic Alliance partner network and is licensed to support customer-imported Verisk ISO Electronic Rating Content for use with Akur8's Deploy rating engine. Akur8's official site lists Paris as its global headquarters, while Verisk lists its corporate headquarters in Jersey City. ISO Electronic Rating Content, or ISO ERC, gives insurers electronic access to rating content, including advisory loss costs, rules and forms information. Akur8 says joining the Verisk Strategic Alliance network strengthens its ability to support insurers that rely on licensed ISO ERC content in rating workflows. "Modernizing rating is not just a technology upgrade; it is an operating model shift," comments Troy Smith, VP, Ratings Solutions, Verisk. "At Verisk, we offer a comprehensive suite of rating solutions to support insurers at every stage of the rating lifecycle, including ISO ERC for implementation validation and quality assurance." Rating Workflow Support Akur8 says the relationship is intended to help insurers connect licensed rating content with a modern deployment environment. The company says the connection can support product and rate-change implementation and reduce manual work across rating teams. "This collaboration with Verisk reflects our commitment to providing insurers with the infrastructure they need for modern ISO-based rating operations," comments Samuel Falmagne, CEO, Akur8. "By joining the Verisk Strategic Alliance partner network, Akur8 strengthens its ability to support insurers that rely on licensed ISO ERC content as part of their broader rating operations."

New Straits Times
Apr 7th, 2026
Akur8 partners Tune Protect to enhance pricing capabilities.

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.

GlobeNewswire
Mar 17th, 2026
Akur8 enters life insurance market with Slope Software acquisition

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.

GlobeNewswire
Mar 17th, 2026
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...

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