TMNAS' enhances insurance pricing capabilities across key operating markets using Akur8
Goal
Amplify TMNAS’ insurance pricing capabilities in key operating markets
Module used
Results
Enhanced pricing capabilities and streamlined operations
What they say about Akur8
“Akur8’s insurance pricing solution will enable TMNAS to quickly build intuitive and easily explainable predictive models across all products, providing new insights for underwriters. As a shared services company, it is key for us to be able to translate predictive information into useful measures for our clients. Akur8 will help us fill a missing component to complete the framework for transparent, and data-driven decision-making.”
John Ferraro, SVP & Pricing Actuary at TMNAS
“Automation, digitalization and simplification of key business and technology processes have become centerpiece approaches for us as we gain operational efficiency and strive for new and innovative solutions. Leveraging new technologies and emerging best-in-class solution providers to accelerate innovation is a key part of our strategy. Akur8 brings both unique technology and deep expertise which together amplify the value delivered in key functions, such as pricing, where we have long been strong. They are making us even better, providing tools to be nimble and timely in a changing market, where speed and quality matter almost in equal parts.”
Robert Pick, EVP & Chief Information Officer at TMNAS
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Akur8 nous permet de boucler notre tarification en un ou deux jours. Il y a aussi une vraie flexibilité : s’il y a un petit changement dans la base de données, nous pouvons relancer immédiatement les études sans perdre de temps, en utilisant le modèle initial pour ajuster le nouveau modèle. Enfin, il y a la transparence : nous pouvons désormais partager les résultats avec les autres [membres de l'équipe], qui ont accès à l’ensemble du processus de tarification afin de challenger ce que nous avons fait. Donc c’est totalement transparent, rapide et flexible.
“Esta alianza con Akur8 es una prueba más de nuestro ADN tecnológico y digital. Apostar por tecnología de primer nivel para lograr una tarificación más rápida, precisa y totalmente transparente es un factor diferenciador, y en HDI Seguros estamos entusiasmados de liderar el camino.”
“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.”
