Old Mutual Insure pushes out their pricing models faster with fewer errors
South Africa
Goal
Remove inefficient back and forth to speed up pricing process
Module used
Results
Streamlined pricing processes, focusing senior expertise on more strategic, value-added work
What they say about Akur8
"We used to joke that we're a pricing team who didn't build pricing models. Since we've got Akur8, we've pushed out numerous models and it's been a game changer to us."
Clive Hogart, Head of Retail Pricing at Old Mutual Insure
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“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.”
