Akur8 Actuarial AI Pricing Platform

Akur8 is a Paris-headquartered insurtech founded in 2018 after four years of R&D, with offices in London, Madrid, Milan, New York, Atlanta, Montreal and Tokyo. It gives actuaries an AI platform to build pricing, reserving and life models faster and with transparent, regulator-friendly results.

Akur8 Pricing for P&C combines modules for data, risk models, demand and elasticity, rating, rate repositories, optimisation and Deploy, an external rating engine available on the Guidewire Marketplace. Akur8 Reserving includes Arius and Triangles on Demand, Akur8 Life extends to life and annuity modelling after the 2026 acquisition of Slope Software, and Akur8 Agents add agentic AI for actuarial workflows. Customers include AXA, Generali, MAPFRE, Munich Re, Tokio Marine entities, Tune Protect and PTI in Vietnam.

• Risk module: Builds technical models and pure premiums with transparent machine learning.
• Demand module: Models conversion, retention and price elasticity.
• Rate and Optim: Iterates rate plans and runs portfolio impact analyses.
• Deploy: Serves rates through an external rating engine integrated with Guidewire.
• Reserving: Provides Arius and Triangles on Demand for P&C reserving.
• Actuarial agents: Applies agentic AI to repetitive actuarial pricing tasks.

A Vietnamese non-life insurer can rebuild motor insurance pricing with risk and demand models. A health insurer can test rate changes on its portfolio before filing. A digital insurer can update prices for online channels more often through the Deploy rating engine.

Akur8 states that insurers cut pricing time to market from months to days while keeping models transparent for governance and regulatory review. PTI built hundreds of models within one month during its trial before adopting the platform. More than 3,000 actuaries at 300+ insurers in 40+ countries use it daily.

Non-life insurers in Vietnam and Southeast Asia face rising claims costs in motor and health lines and more price competition through digital channels. Actuarial teams are small, so tools that automate model building while keeping results explainable for regulators are in demand.

Founded in 2018 in Paris, with the solution launched in 2019; more than 200 employees and offices in Europe, North America and Tokyo. Raised a 120 million USD Series C in September 2024. Acquired Matrisk and Slope Software in 2026 and joined Verisk's Strategic Alliance Partner Network.