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.
Company Size
201-500
Company Stage
Series C
Total Funding
$186.2M
Headquarters
Paris, France
Founded
2018
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