ManyPets reduced its modeling time with Akur8
Location:
Goal
Boost the insurtech’s pricing capabilities with fast and transparent automated modeling
Module used
Results
Modeling time reduced to a couple of hours
Feedback
“Working with Akur8 and a new pricing solution will help us further improve our time-to-market and deliver an even more outstanding customer experience as we continue to grow”.
Charlotte Halkett, CCO at ManyPets
“We are very pleased with Akur8’s performance. It will allow us to improve our modeling performance and to boost our speed-to-market to fuel our ambitious growth plans”
Charlotte Ball, Pricing Lead at ManyPets
Drive business value by bringing your end-to-end pricing process to the next level
Akur8 is the only technology on the market that automates the generation of production-ready GAM/GLMs. Thanks to its unique proprietary algorithms, it delivers tremendous business value by unlocking untapped combined ratio improvement.
Other use cases
Ornikar
"Pour Ornikar, il est essentiel de créer une offre d'assurance compétitive et différenciée adaptée à sa clientèle cible : les jeunes conducteurs. Akur8 nous est apparu comme la solution la plus performante pour apporter souplesse et rapidité tout en garantissant la solidité des modèles de tarification nécessaires à Ornikar"
Bass underwriters
“Providing efficient, reliable and consistent pricing creates a win-win for the risk taker and agent. Having the ability to improve risk pricing by running complex models and updating those models as new data comes in at any moment is a game changer for us, and a competitive differentiator. It is crucial for the rapidly changing E&S marketplace.”
Axa
“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.”
