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Use cases
“Akur8 allows for a reduction in modeling time, enabling us to build new prices much faster and significantly decreasing our time-to-market, while increasing the productivity of our team.”
“Akur8 has a great solution to a problem that we have – converting data into underwriting actions and so it makes perfect sense for us to work with them.”
”Akur8’s value very quickly came to light. Modeling speed is 5x faster, while keeping a thoroughly transparent and auditable process. The user-friendliness of the interface and the collaborative aspect of it are a great asset for the team, making it very easy-to-use, while enhancing internal communication. The responsiveness of the Akur8 team also was instrumental in our very fast learning curve.”
Webinars
Actuarial Interpretation of Model Output
On August 8th, 2024, Thomas Holmes, Chief Actuary for the US at Akur8, presented an insightful session as part of the Akur8 Academy webinar series titled "Actuarial Interpretation of Model Output." As actuaries adopt increasingly complex data science techniques, we must always remember that every model corresponds to specific business problems and solutions. Therefore, the best model depends not only on statistical support, but also on business needs and goals. Often, the model with the best test statistics is not the best model for the business and the ability to translate data science results to business outcomes is an essential skill for actuaries. In this engaging webinar, Thomas Holmes shared practical examples and modeling exercises, challenging the audience to translate complex charts into clear and actionable business outcomes. He also highlighted scenarios where actuarial judgment should override purely data-driven results, emphasizing the importance of balancing data science with real-world business considerations. Participants actively discussed which questions are critical when evaluating model outputs, helping them refine their decision-making processes. Don't miss this opportunity to enhance your actuarial skills and deepen your understanding of model interpretation. Watch the webinar recording now and gain valuable insights into how to effectively translate data science results into impactful business strategies.
Harnessing the power of AI in pricing for P&C Insurance
With Cenk Yalcin from Generali Sigorta, Halil Kolbasi and Nicola Biscaglia from Milliman and Bruno Bécha from Akur8.
The Insurance Industry beyond Covid-19: how to be successful in the new normal
A webinar by PWC and Akur8 (21 July 2021) Speakers: Joseph Calandro Jr and Frederick Cripe (PWC), Anne-Laure Klein and Boriana Trifonova (Akur8)
