Yuzzu significantly decreased the time spent in risk modeling
Location:
Goal
Offer more personalized and affordable prices for a simpler and smoother customer journey
Module used
Results
Significant time reduction in risk modeling
Feedback
“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
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.”
