+ Annual bonus
More information about location
AI insurance pricing solution
Be an early applicant
AI insurance pricing solution
101-200 employees
Be an early applicant
+ Annual bonus
More information about location
101-200 employees
To revolutionise insurance pricing with transparent AI.
Desirable
Putting the correct pricing on insurance has always been a challenge for insurers. Pricing too low can decimate its profits, but pricing too high is a sure-fire way to drive off customers. Despite this importance of pricing, it has generally remained a human task, and therefore prone to errors and biases.
Akur8 wants to change this, delivering an AI-based solution that automates pricing modelling for insurers, while maintaining the transparency and control required by regulators. By leveraging machine learning, the platform enhances insurers’ pricing processes, reducing modelling time whilst increasing predictive power.
Pricing in the insurance industry is changing fast, so keeping on top of such developments will be paramount to Akur8's success. Judging by its early metrics, though, it looks like this should be no problem. The company has already acquired big customers, including the likes of AXA and Generali, and has secured strong funding to support its growth.
Freddie
Company Specialist at Welcome to the Jungle
Plaine-Monceau, Paris, France
Samuel Falmagne
(Founder & CEO)Worked at IBM for over 17 years, holding a range of executive roles, and also served as Head of Sales for Shift Technology.
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