Wefox reduced its time-to-market with Akur8
Location:
Goal
Reinforces service levels to customers and distribution partners with a robust pricing process
Results
Time-to-market reduced to a couple of days
Feedback
”As a fully-digital real-time insurer, partnering with the best-in-class solution on the market is of tremendous value to us and our customers. Time to market is a core KPI for our central product factory. We’ve brought it down from months to a few weeks already. Akur8 will help us to further reduce the time to market for new tariffs to a couple of days. wefox Insurance and Akur8 are both committed to bringing more speed and fairness to their customers.”
Oliver Lang, CEO at wefox Insurance
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
“Akur8 allows for a reduction in modeling time, enabling us to build new prices much faster and significantly decreasing our time-to-market, while increasing the productivity of our team.”
”Akur8’s value very quickly came to light. Modeling speed is 5x faster, while keeping a thoroughly transparent and auditable process. The user-friendliness of the interface and the collaborative aspect of it are a great asset for the team, making it very easy-to-use, while enhancing internal communication. The responsiveness of the Akur8 team also was instrumental in our very fast learning curve.”
"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.”
