Frank Winston Crum Insurance has partnered with Akur8 to enhance its risk modelling, pricing, and reserving processes through the adoption of Akur8’s core platform solution.
With a legacy spanning over two decades, Frank Winston Crum Insurance (FWCI) has been a trusted provider of workers’ compensation and general liability insurance for small and mid-sized businesses. Known for its strong financial position and enduring commitment to customer service, FWCI continues to pursue innovation to deliver value to its clients.
The integration of Akur8’s platform represents a strategic move to bring pricing models in-house, enabling a more unified approach across key departments.
Frank Winston Crum Insurance actuary Josh Harris said, “Akur8’s platform will support our efforts to drive profitable growth through deeper insights into our experience and more control over our models. Bringing these models in-house will be a collaborative effort between Product, Underwriting, and Actuarial departments, promoting an integrated Enterprise Risk Management strategy.”
Akur8 welcomed the partnership as a reflection of FWCI’s commitment to modernising its operations while maintaining its reputation for dependability.
Akur8 CEO Samuel Falmagne said, “Frank Winston Crum Insurance has built a strong reputation for providing businesses with dependable coverage and long-term stability. By adopting Akur8’s pricing and reserving solutions, they are demonstrating a forward-thinking approach to enhancing risk modeling and financial forecasting. We are proud to support their commitment to innovation and efficiency while reinforcing the values of integrity and reliability that define their presence in the insurance industry.”
Brune de Linares, chief client officer at Akur8, added, “Partnering with Frank Winston Crum Insurance marks another significant step in Akur8’s expansion across the commercial insurance sector.
“As we continue to scale, this collaboration underscores the increasing demand for transparent machine-learning technology in workers’ compensation and general liability pricing. We are excited to support Frank Winston Crum Insurance in enhancing their pricing and reserving strategy while further solidifying Akur8’s presence and impact in the industry.”
Akur8’s technology is currently in use by over 3,000 actuaries across 40 countries, including clients such as AXA, Generali, Munich Re, Tokio Marine, NEXT, and Canal. The platform is designed to accelerate and refine model development while maintaining transparency and control—features that have positioned it as a leader in insurance pricing innovation.
Frank Winston Crum Insurance operates through a network of independent agents and is affiliated with FrankCrum, a professional employer organisation. Since its founding in 2003, the company has earned a reputation for prioritising ethical practices in areas such as workplace safety, claims management, and fraud prevention.
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