NEXT Insurance uses Akur8 to help scale pricing capability framework
Goal
Create high-performing and scalable predictive modeling framework pricing.
Module used
Results
Improved accuracy, speed and efficiency through seamless collaboration
What they say about Akur8
"Together with Akur8, we’re able to further innovate upon our current capabilities to deliver even more accuracy, speed and efficiency at scale for NEXT’s growing customer bases."
Phil Natoli, Chief Actuary at NEXT
“With Akur8’s platform, our actuarial, data science, and product teams can collaborate seamlessly throughout the insurance pricing process. It ensures higher efficiency and delivers visual insights that are explainable across a variety of stakeholders.”
Peter Yin, Senior Actuarial Manager at NEXT
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Or discover other testimonials
Akur8 helps AXA China to deliver valuable insurance solutions to their customers
“Akur8 helps us continue to strive for technical sophistication and empowers us to deliver valuable insurance solutions to our customers more efficiently while ensuring utmost transparency and control. We believe Akur8 will not only be an important asset to our team’s work along the whole pricing value chain, but also of great value to our customers for providing increased personalization and targeted pricing in a dynamic marketplace.”
Wester Reserve Group boosts their pricing capabilities across personal and commercial lines of business
"We found insightful interactions after one day of modeling with Akur8’s insurance pricing solution. Leveraging this user-friendly and transparent platform will enable our pricing team to build better models faster across more lines of business."
HDVI leverages Akur8 to accelerate advanced risk model development
“As a data-driven company, HDVI continues to invest in tools that leverage our proprietary big data sets and telematics data to develop industry-leading insights and risk models.The Akur8 platform enables greater collaboration across our growing team. By eliminating the coding language barrier and providing increased transparency, it will reduce errors and allow us to more quickly develop additional models that can be incorporated into our insurance product and safety solutions.”
