Akur8, the AI Pricing solution, enables insurance carriers to improve their profits and win market share with pricing models created and updated in hours instead of months. Akur8 developed unique leading edge algorithms dedicated to insurance pricing. The disruptive technology developed by our R&D team allows to combine Machine Learning and Actuarial worlds. GLM (Generalized Linear Model) is a well-established technique that answers all Risk Modelling constraints: it is easy to understand and it enables a clear validation process. But it is manual. Iterations and discoveries are long and slow, involving large number actuarial resources. Using cutting edge machine learning, we have automated GLM modelling. From variable selection to geographic smoothing, you decide the tradeoff between clarity and performance. You can immediately spot anomalies and discover new patterns. Building models with Akur8 is 10 times faster than with traditional solutions - with a better result. Akur8 solution
In 2021, AKUR8 revenue run rate hit $3.9M in revenue.
AKUR8 has 350 customers.
AKUR8 has an annual churn rate of 0.00%
Churn vs Expansion
AKUR8 has 51 employees. They have 3 sales reps that carry a quota They have an engineering team of 22.
Total Team Size
Samuel is CEO of Akur8. He spent 15 years at IBM in various international sales and sales management positions before joining InsurTech Shift Technology as Head of Sales. At Shift, Samuel was instrumental in the successful internationalization of the company, including in the US. After two years at Shift, Samuel joined Guillaume and co-founded Akur8.
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AKUR8 was founded in 2018.
The CEO of AKUR8 is Samuel Falmagne
AKUR8 has 51 employees.
AKUR8 generates $3.9M in revenue.
AKUR8 has raised $41.9M.
AKUR8 is headquartered at France
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