Tag: Machine Learning

Norton Rose Fulbright, a global law firm, is currently inviting entries for its seventh Insurathon, an illustrious competition that fosters innovation in the InsurTech...

Akur8, a next-generation insurance pricing solution, has partnered with Quincy Mutual Group, a highly esteemed regional mutual insurance company in the United States.

Guidewire and Akur8 have introduced a groundbreaking accelerator designed to streamline pricing processes within the insurance industry.

In the realm of actuarial science, Akur8 has made a significant stride with the release of their latest research paper titled "Derivative Lasso: Credibility-Based Signal Fitting for GLMs."

NEXT Insurance, a "leading technology-first small business insurer", has unveiled its strategic alliance with Allstate.

Akur8 and Guidewire, two trailblazers in the FinTech industry, are taking their partnership to new heights. Akur8, renowned for its next-generation insurance pricing solutions, has announced an impressive expansion of its collaboration with Guidewire, a key player in the industry. This expansion is bolstered by Guidewire's recent investment in Akur8.

Aviva's Global Corporate and Specialty (GCS) has leveraged hyperexponential’s Pricing Decision Intelligence (PDI) platform, hx Renew, to build 20 new insurance pricing models in just nine months.

Navigating the insurance claim process often comes during challenging times for customers. Following an accident, emergency, or even a natural calamity, individuals typically feel apprehensive and uncertain. This anxiety can be exacerbated if the claim experience further contributes to their distress, whether it's due to the damage to their possessions or physical injuries.

For many insurers, providing a satisfactory customer experience is at the forefront of their ambitions. One such InsurTech is Usher, who prides themselves on their industry-leading solution, Customer Experience Automation (CXA) platform. But why is this solution so groundbreaking? And can it be the silver bullet many carriers need?

Within the realms of specialty and commercial insurance, there's a heightened focus on precision. These particular markets demand more than just the usual numerical analysis when it comes to policy pricing. For them, pricing is not only a combination of art and science but also a strategic influencer. As the world embraces digital advancements, those who manage to break free from traditional practices dominate the industry.