Yuzzu significantly decreased the time spent in risk modeling
Belgium
Goal
Offer more personalized and affordable prices for a simpler and smoother customer journey
Module used
Results
Significant time reduction in risk modeling
What they say about Akur8
“We are delighted to announce our partnership with Akur8, which we believe is an advanced and effective solution in the P&C retail market for risk modeling. The results we observed during the 2-week pilot were compelling, considering both our prediction indicators and the significant time reduction in risk modeling. Above all, we expect it to be of great value for our customers, with increased personalization and targeted pricing, contributing to offering them a fair insurance policy.”
François Moyrand, Head of Products, Pricing & Analytics at Yuzzu
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We didn’t want a black box where we couldn’t understand what was actually being modeled. We wanted to have full input, and we can do that with Akur8.
“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 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.”
