Overview

Product video
Akur8 leverages the power of Machine Learning & predictive analytics to inject game-changing speed and accuracy to insurers pricing process while maintaining full transparency, auditability and control over the models created. Akur8 Modeling supports pricing experts at every step of the pricing process, generating significant efficiency. Akur8 enables you to easily upload, visualize and prepare your data, to create new variables and to automate GAM/GLM modeling. Our proprietary Transparent AI saves users significant time during this first phase, allowing them to focus on other high-value tasks. Akur8 allows you to enrich your models with automated interactions between variables, automated geography and external data - all within one solution. Within Akur8 Modeling you can also build models that capture demand and price sensitivity based on behavioral and competitor data. How to get started: Once you sign-up for Akur8, our team will contact you to handle organization of a product test. We customize the pricing for you and handle it as a private offer through the AWS Marketplace.
Highlights
- Price 10x faster thanks to the automation of variable groupings, variable selection, interactions and geo-modeling; and also thanks to project parallelization, APIs and auto-generated documentation.
- Generate better-quality models with on average 10% higher predictive power compared to manually-computed models. This is made possible by our proprietary cutting-edge algorithms, and by the processing capabilities of our cloud-based platform across unlimited varieties and volumes of data.
- Boost your pricing capabilities without compromising on auditability and control. With Akur8, you can build fully transparent pricing models explicitly outlining the effect of each variable on the output, resulting in a safe, traceable and consistent pricing process.
Details
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Pricing
Free trial
Dimension | Description | Cost/36 months |
---|---|---|
GWP | Unlimited users access to the software, the underlying IT resources, 24/7 Live Chat support, dedicated onboarding and training. | $0.01 |
Vendor refund policy
Information relating to refunds can be found within the private offer.
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