Akur8 Pricing

Akur8 Pricing provides P&C and health insurers with one platform for the end-to-end pricing cycle, from the first data upload to the premium a customer sees at quote. Its single workflow, from data import and model development through rate making and deployment, reduces fragmentation across teams and systems. Discover (for US market): Get market intelligence for your pricing strategy through an AI chat interface. Benchmark rating plans against market practices, spot emerging rating variables and extract structured insights from filings. Pressure-test draft filings to catch issues early. Data: Upload, clean and prepare your dataset, visualize it and create new variables, with automated reports and documentation. Risk and Demand: Automate GLM/GAM/GBM modeling with Akur8's proprietary Transparent AI algorithm. Enrich models with automated interactions, geographic information, external data exploration and classifications while keeping full customization, so less time goes into the early modeling phases. Demand models capture conversion, retention and price sensitivity from behavioral and competitor data. Rate: Design rates through rapid iteration, simulations and portfolio analysis. Test pricing scenarios, assess impacts across customer segments, and build customizable reports and dashboards from pre-built templates for projection and monitoring. Optim: Optimize pricing strategies against multiple business objectives, such as profitability, retention and conversion. Apply local and global constraints at portfolio or segment level, using demand and price elasticity insights from historical data or your own approach. Available in markets where regulation allows. Rate Repo (for US market): Centralize the rating source of truth for pricing and implementation teams. Manage documentation and versions, run analyses at policy or portfolio level, and export filing artifacts to Deploy. Streamline US regulatory filings with exports of modeling and rating methodologies. Deploy: Promote approved rates to production through APIs built for digital quoting and straight-through processing, with sub-200ms response targets, a 99.95% uptime SLA, staging and dual sign-off, role-based access control and immutable versioning. Akur8 Agents: Delegate repeatable tasks to expert actuarial agents, built by actuaries for actuaries, that build pricing structures, write formulas and create reports. Tailor them with no-code skills and approve every change before it runs, with customer data never used to train AI models. Akur8 serves more than 350 customers in over 40 countries, including AXA, Generali, Munich Re, Tokio Marine, FCCI and NEXT, and partners with Guidewire, Duck Creek, Majesco and Verisk. Every customer gets dedicated expert check-ins, 24/5 multilingual in-app live support, 24/7 incident support for Deploy, and structured training through Akur8 Academy. How to get started: Once you sign up for Akur8, our team will contact you to organize a product test. We customize the pricing for you and handle it as a private offer through AWS Marketplace.