Akur8 and Deloitte Canada expand partnership to enhance pricing and reserving for insurers

February 25, 2025

Akur8, a leading provider of machine learning-powered pricing and reserving solutions for insurers, has expanded its strategic partnership with Deloitte Canada, a global leader in consulting and actuarial services.

The partnership, which began in 2021, will now see Deloitte integrating Akur8’s pricing and reserving solutions into its actuarial and consulting services.

The expansion of this collaboration is aimed at providing property and casualty (P&C) insurers with a scalable and efficient solution to enhance pricing accuracy, streamline reserving processes, and ensure regulatory compliance.

Akur8 specialises in developing machine learning-driven pricing and reserving solutions tailored for insurers. The company’s platform enhances the speed, performance, and transparency of actuarial models. Currently, Akur8 serves over 250 clients across 40 countries, including major P&C insurers such as AXA, Generali, Munich Re, and Tokio Marine.

Karl Meissner-Roloff, partner at Deloitte Canada, commented, “We are excited to join forces with Akur8, as their innovative pricing and reserving platforms are at the forefront of actuarial technology.

“Through this collaboration, we can offer another avenue for our insurance clients to enhance their capabilities in pricing as well as driving transformative automation and efficiency in the reserving space. The combination of Akur8’s automated modeling capabilities with Deloitte’s proven transformation capabilities allows us to deliver cutting-edge solutions that drive business value for insurers across Canada.”

Samuel Falmagne, CEO at Akur8, added, “Akur8 is committed to deepening our collaboration with Deloitte. By combining our advanced technology with Deloitte’s deep actuarial expertise, we’re creating a powerful value proposition for insurers looking to modernize their pricing and reserving strategies.”

Brune de Linares, chief client officer at Akur8, concluded, “We have been actively expanding our global footprint, and this broadened strategic relationship with Deloitte to deliver our combined performance to P&C insurers, InsurTechs and MGAs worldwide is a natural next step for Akur8.”