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Use cases
“Akur8’s insurance pricing solution will enable TMNAS to quickly build intuitive and easily explainable predictive models across all products, providing new insights for underwriters. As a shared services company, it is key for us to be able to translate predictive information into useful measures for our clients. Akur8 will help us fill a missing component to complete the framework for transparent, and data-driven decision-making.”
"We foster innovation through various initiatives, and value integrity and fairness: Akur8’s transparent solution is perfectly aligned with these core principles. Akur8 will provide us great potentialities to be able to become the company and the group which sustainably have capabilities to develop various products and services for realization of a safe and secure society."
“Providing efficient, reliable and consistent pricing creates a win-win for the risk taker and agent. Having the ability to improve risk pricing by running complex models and updating those models as new data comes in at any moment is a game changer for us, and a competitive differentiator. It is crucial for the rapidly changing E&S marketplace.”
Webinars
Drivers of Change: Uncover the Key Factors Behind Change in Ultimates
Understanding what’s driving changes in your reserve estimates is critical for effective decision-making, but manual analysis can be time-consuming and complex. This webinar focuses on Drivers of Change, a powerful feature within Akur8 Reserving Arius software, designed to automate and streamline this process. This session demonstrates how to customize a Drivers of Change analysis and quantify the change in ultimates due to the change in data vs the change in actuarial assumptions, to help you more effectively evaluate what is causing the change in reprojected ultimates. We explored: - Ways in which to track your key assumptions within Arius - Key insights the tool provides to improve management diagnostics and reporting - Real-world examples of how insurers and actuaries are using this feature to enhance decision-making Whether you’re an actuary, risk manager, or finance professional, this webinar will provide valuable insights into how Akur8 Reserving - Arius software can simplify your reserve analysis and help you stay ahead of emerging trends.
Introduction to Machine Learning: Predictive Modeling in Insurance for Actuaries and their Stakeholders
Explore fundamental machine learning concepts tailored for actuaries in this Akur8 Academy webinar, hosted by Max Martinelli and Parhaam Behnoudnia. This recording covers topics ranging from machine learning theory, common algorithms like GLMs and GBMs, to the basics of predictive modeling—equipping you with the knowledge needed to enhance your actuarial practices. Whether you're a junior modeler, a modeling-curious actuary, or a stakeholder wanting a deeper understanding of model development, this presentation provides valuable insights into the world of machine learning and predictive modeling for actuaries.
Akur8 product video - Solution overview
Check out our product video: an overview of our solution.
