MAIF cuts modeling time and builds thousands of models with Akur8
France
Goal
Reduce modeling time without compromising performance or model quality.
Module used
Results
• Thousands of models and model versions created • Centralized processes that helps to move faster and are easier to manage • Improved collaboration across pricing teams
What they say about Akur8
"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."
Anne-Sophie Dyèvre, Actuarial Research Lead at MAIF
Get in touch with our sales team to know more about the solution
Or discover other testimonials
Wakam decreased its modeling time and increased its predictive power with Akur8
“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.”
