HDI Seguros boosts its pricing precision and efficiency with Akur8's Risk and Demand modules
Goal
Compare quickly and efficiently different models. • Integrate inputs and outputs. • More agile tariff updates.
Module used
Results
Greater speed, precision and transparency in pricing. Identification of new opportunities and capabilities.
What they say about Akur8
“This alliance with Akur8 is another proof point of our tech and digital DNA. Embracing best-in-class technology to ensure faster, more accurate and fully transparent ratemaking is a key differentiator and HDI Seguros is excited to lead the way.”
Felipe Feres, General Manager at HDI Seguros in Chile
“Our pricing teams are looking forward to leveraging Akur8 every day after the results of the pilot project which allowed them to fully measure the power of the Akur8 platform. Akur8 will empower them in their efforts to improve our ratemaking process, build new capabilities and deliver increased business value for HDI Seguros.”
Camilo Torres Valenzuela, Pricing Assistant Manager at HDI Seguros in Chile
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“Akur8 is a best-in-class pricing solution. The results we observed during the pilot phase are speaking for themselves, with dramatic reduction in modeling time and more predictive power of the models. This will both accelerate our time-to-market and improve our pricing accuracy, bringing substantial value to our partners and the end-customer, in a time that requires ever more reactivity and transparency.”
Yuzzu significantly decreased the time spent in risk modeling
“We are delighted to announce our partnership with Akur8, which we believe is an advanced and effective solution in the P&C retail market for risk modeling. The results we observed during the 2-week pilot were compelling, considering both our prediction indicators and the significant time reduction in risk modeling. Above all, we expect it to be of great value for our customers, with increased personalization and targeted pricing, contributing to offering them a fair insurance policy.”
PZU deployed Akur8 for its entities in Lithuania and Estonia
“Akur8 offers a game changing approach to ratemaking compared to manual solutions, that we were eager to adopt. The benefits in terms of speed and performance are major, while the process is robust and safe. The collaborative and intuitive interface, the smart features as well as the reactive and proficient support were also greatly appreciated by our pricing teams.”
