Octagram benchmarks competitors' prices with Akur8 Discover
United States
Goal
Benchmark faster for P&C and MGA clients
Module used
Results
Reduced benchmark analysis from days to minutes
What they say about Akur8
"We love Akur8 Discover. We used to spend hours—sometimes days—trying to figure out how endorsements were priced or how competitors were pricing certain classes. It was frustrating and slow. With Discover, we get answers in minutes. It’s dramatically improved our efficiency and more importantly, it’s expanded the kind of work we’re able to take on. This is the future of actuarial work: AI-powered, efficient, and focused on insights."
Jessica Leong, CEO at Octagram and former CAS President
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“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.”
“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.”
"We chose Akur8 because it is an innovative solution, which allows us to put the best-in-class pricing technology at the service of our employees. The modeling speed saves precious time for our teams.”
