Akur8, the next-generation insurance pricing and reserving platform, has been selected by RSM to enhance its insurance pricing process.
The partnership is aimed at enabling RSM to enhance its actuarial services by leveraging Akur8’s advanced pricing modules: Risk, Demand, and Rate.
These tools are designed to improve accuracy, speed, and transparency in insurance pricing, a critical need in the competitive insurance market.
Akur8 specialises in providing insurers with automated risk modelling powered by transparent machine learning technology.
Its pricing solution enables insurers to make faster, more accurate pricing decisions, improving market reactivity while maintaining full transparency and control. RSM’s adoption of Akur8’s full suite is expected to further drive innovation in its client offerings.
Speaking on the news, Samuel Falmagne, CEO at Akur8 said, “This agreement with RSM is a significant milestone for Akur8 as we continue to expand our presence in Canada and North America. We are excited to bring our innovative pricing and reserving solutions to a broader market, helping insurers enhance their accuracy, speed, and transparency. With our recent acquisition of Arius, we are better positioned than ever to offer a full suite of advanced capabilities that will revolutionise how insurance companies approach pricing and reserving.”
RSM’s continued partnership with Akur8 demonstrates its commitment to delivering scalable, data-driven solutions to its clients.
David Mamane, partner and actuarial leader with RSM Canada, remarked, “This collaboration with Akur8 marks another step in RSM’s commitment to advancing digital transformation and delivering cutting-edge solutions to clients across the industries we serve. We are excited to work with Akur8 as their innovative platform will be transformative for our clients, helping them remain competitive in a rapidly evolving market.”
This collaboration also highlights both companies’ focus on driving digital transformation and enhancing service delivery across the insurance sector.
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