Akur8 acquires Matrisk to launch Discover pricing intelligence

Akur8 acquires Matrisk to launch Discover pricing intelligence

Akur8, a next-generation InsurTech provider focused on insurance pricing and reserving, built on transparent machine learning, has announced the acquisition of Matrisk, an AI-driven platform that transforms unstructured regulatory filings into searchable and actionable market intelligence.

Akur8 provides insurers with advanced pricing and reserving solutions that allow actuaries to build, test, and deploy pricing models with speed, transparency, and full control. Its platform supports rate-making, demand modelling, and financial forecasting, enabling insurers to modernise pricing workflows while remaining aligned with regulatory expectations.

Through the acquisition, Akur8 is introducing Akur8 Discover, a new offering within its pricing platform. The product integrates Matrisk’s capabilities to search and analyse Property & Casualty rate and rule filings using AI, supported by structured variables, tables, rules, and source-level citations. This allows insurers to benchmark rating strategies, factor selections, and rate movements using insights derived from publicly available filings.

Akur8 Discover also enables users to track market developments across states, perils, lines, and territories, anticipate regulatory objections, and accelerate pricing and filing cycles. By pairing transparent model development with real-time regulatory and market intelligence, insurers can support more informed pricing decisions while improving engagement with regulators and consumer advocates.

The deal further expands Akur8’s AI capabilities, particularly in large language models and unstructured data processing. This strengthens the company’s ability to operationalise complex regulatory data and embed advanced AI features directly into day-to-day actuarial workflows.

Akur8 CEO Samuel Falmagne said, “Akur8 has always focused on helping insurers build better pricing models faster, with full transparency and control. Matrisk adds a critical new dimension to that mission. By bringing powerful filings search and competitive intelligence into our platform, we can now offer insurers the ability to understand their market context and integrate this information with Akur8’s existing suite of tools for re-rating and rate selection, demand modeling, and financial forecasting.

“This combination reinforces Akur8’s position as the actuarial platform of choice for insurers seeking to modernize pricing while staying aligned with regulatory expectations and competitive pressures. We are delighted to welcome Matrisk to Akur8 as we take this next step forward.”

Matrisk AI co-founder Sergey Filimonov said, “We started Matrisk because we believed AI could turn the most tedious parts of insurance market research into real leverage. The industry depends on information that’s scattered, messy, and hard to operationalize.

“We’ve grown faster than I ever imagined, and the adoption we’ve seen clearly validates that need. With Akur8, we can scale this even further, meet users where they already build rates, and help redefine the pricing engine from a modeling tool into an end-to-end decision platform that embeds regulatory and market context. The shared goal is simple: deliver high‑impact AI capabilities that customers find indispensable.”

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