Madison Mutual leverages Akur8 to boost their pricing capabilities across personal lines of business
Goal
Increase competitiveness by modernizing pricing processes and increasing pricing sophistication.
Module used
Results
Enabled ability to build first models
What they say about Akur8
"MMIC is elated by our partnership with Akur8 and the potential it holds to drive our company’s digital transformational journey in insurance pricing. Akur8’s innovative technology aligns seamlessly with Madison Mutual’s commitment to delivering exceptional customer experiences and optimizing pricing capabilities.”
Allah Rakha Sheikh, Chief Information Officer at Madison Mutual Insurance Company
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Or discover other testimonials
“We’ve been able to pull out a good territory model straight out of the system without taking very much time to put into it. It’s been a huge improvement for the company.”
"Akur8 simplifies modeling while still leaving us in control of our choices and interpretations. It also gives us flexibility to adjust the models, even though a large part of the process is automated."
“Akur8 is a great pricing tool! We liked the automation of repetitive tasks as well as the quick and easy learning curve of the user interface for all team members. We particularly appreciated working on our own data with the help of Akur8 during the pilot, and we look forward to working together in the future.”
