Akur8 is revolutionising insurance pricing with transparent AI.
The company has developed a unique, AI-based, insurance-pricing solution that automates modelling for insurance companies while keeping full transparency and control on the models created, as required by regulators worldwide. Akur8 is the only solution on the market reconciling machine learning and actuarial worlds – enabling customer lifetime, value-based price optimisation.
Company Details
Sector
InsurTech
Location
Paris, London, NYC, Munich, Milan, Tokyo (Q3 2022)
Founded
Q2 2018
Employees
100
Incubator
Attended Plug & Play US and Europe
Amount raised
$40m
300% rev. growth (2021)
50+ clients in 20 countries
10x faster modelling than competitors
Updated Q1, 2022