Sold by: Akur8
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Akur8 modeling 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 exploration, as well as vehicle classification - all within one solution.
Overview
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.
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Financing for AWS Marketplace purchases
AWS Marketplace now accepts line of credit payments through the PNC Vendor Finance program. This program is available to select AWS customers in the US, excluding NV, NC, ND, TN, & VT.
Pricing
Free trial
Try this product free according to the free trial terms set by the vendor.
Pricing is based on the duration and terms of your contract with the vendor. This entitles you to a specified quantity of use for the contract duration. If you choose not to renew or replace your contract before it ends, access to these entitlements will expire.
Additional AWS infrastructure costs may apply. Use the AWS Pricing Calculator to estimate your infrastructure costs.
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 |
Dimensions summary
This listing uses a single contract dimension based on GWP (Gross Written Premium) units. Your price scales with the volume of insurance premiums you model on the platform, not the number of users. You get unlimited user access, so all pricing team members can use the software under one contract. The dimension also bundles the underlying IT resources, 24/7 live chat support, and dedicated onboarding and training. Because billing tracks modeled premium volume rather than seats, cost grows with your usage of the platform rather than team size.
Top-of-mind questions for buyers
GWP stands for Gross Written Premium. Your price tracks the volume of insurance premiums you model on the platform. It is not tied to user count or the number of projects. As the premium volume you run through the software grows, your billed usage grows with it.
No. The contract gives unlimited user access, so all pricing team members can use the software without per-seat charges. Cost is driven by the volume of premiums you model, not the size of your team. Adding users does not change your billed amount.
The contract bundles the underlying IT resources, 24/7 live chat support, and dedicated onboarding and training. You get access to actuarial and data science support during roll-out and daily use. Regular updates, solution upgrades, and technical governance are also part of what the contract covers.
akur8.com
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Information relating to refunds can be found within the private offer.
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Delivery details
Software as a Service (SaaS)
SaaS delivers cloud-based software applications directly to customers over the internet. You can access these applications through a subscription model. You will pay recurring monthly usage fees through your AWS bill, while AWS handles deployment and infrastructure management, ensuring scalability, reliability, and seamless integration with other AWS services.
Resources
Vendor resources
Support
Vendor support
- support@akur8.com
- 24/7 Live chat support
- Dedicated onboarding and training
AWS infrastructure support
AWS Support is a one-on-one, fast-response support channel that is staffed 24x7x365 with experienced and technical support engineers. The service helps customers of all sizes and technical abilities to successfully utilize the products and features provided by Amazon Web Services.
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