March 28, 2024

๐Ÿ—“ Akur8 is Proud to Serve as Platinum Sponsor for the 2024 Casualty Actuarial Society (CAS) Spring Meeting

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โ€New York, NY

March 28, 2024

Akur8, the next generation insurance pricing solution powered by transparent machine learning, is excited to once again be a Platinum Sponsor of the 2024 Casualty Actuarial Society (CAS) Spring Meeting scheduled for May 5th to May 8th in Atlanta, Georgia.

Developed explicitly for insurers, Akur8โ€™s solution enhances pricing processes by using proprietary machine-learning technology. The core benefits for the P&C insurance marketplace include accelerated model building, transparent GLM outputs, and data-driven underwriting.

"We take great pride in our role as an Executive Society Partner of the Casualty Actuarial Society, and are thrilled to be a Platinum Sponsor for the 2024 CAS Spring Meeting. This event focuses on empowering participants to adeptly navigate the evolving industry landscape, providing them with invaluable tools to drive innovation within the profession. At Akur8, we are deeply committed to fostering the professional development of CAS members. Through our sponsorship and active leadership in a variety of engaging sessions at this year's event, we aspire to provide a meaningful contribution to their growth," stated Samuel Falmagne, CEO of Akur8.
โ€œAkur8 has consistently demonstrated unwavering support for the Casualty Actuarial Society, showcasing remarkable dedication to our mission. We are thrilled to welcome Akur8 back as a Platinum Sponsor, with their team's pricing experts presenting various sessions throughout the event," noted Joyce Warner, Chief Business Officer at the Casualty Actuarial Society.

About Akur8

Akur8 is revolutionizing non-life insurance pricing with Transparent AI. We enhance actuarial capabilities with a user-friendly, machine learning (ML) native solution built on cutting-edge technology. Our cloud-based, fully integrated platform empowers insurers to price at unprecedented speed, directly influencing financial outcomes and enhancing risk assessments. Insurers will be able to navigate the dynamic, highly competitive market with unwavering confidence. With Akur8, time spent modeling is reduced by 10x, the modelsโ€™ predictive power is increased by 10% and loss ratio improvement potential is boosted by 2-4%. Akur8 already serves 130+ customers across 40+ countries, including AXA, Generali, Munich Re and MS&AD. Over 1300 actuaries use Akur8 daily for pricing in all lines of business.ย 

About CAS

The Casualty Actuarial Society (CAS) is a leading international organization for credentialing and professional education. Founded in 1914, the CAS is the worldโ€™s only actuarial organization focused exclusively on property and casualty risks and serves over 10,000 members worldwide. CAS members are experts in property and casualty insurance, reinsurance, finance, risk management, and enterprise risk management. Professionals educated by the CAS empower business and government to make well-informed strategic, financial and operational decisions.ย 

PRESS CONTACTย 

Heide Sacher

Akur8

Head of Marketing for the U.S.

+1 908-977-6526

heide.sacher@akur8.comย 

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