Tag: pricing models

The hidden bottleneck stalling insurance pricing gains

A technically brilliant pricing model can still destroy value if it stalls on the way to production, according to InsurTech pricing specialist Akur8. In a...

Why insurers fail when actuaries work in silos

Building a high-performing pricing model is a significant achievement for any actuarial team, but it is only the beginning. According to Akur8, the real challenge...

Akur8 selected by Tokio Marine HCC to expand its pricing capabilities

Akur8, the next-generation insurance pricing solution, has partnered with Tokio Marine HCC to elevate pricing strategies and drive innovation in the insurance sector.

Akur8 and PZU deepen ties: Shaping the future of insurance pricing...

Akur8, a pioneer in insurance pricing solutions using Transparent AI, is delighted to announce the enhancement of its partnership with the Baltic branches of...

Enhancing insurance accuracy and efficiency with hx Renew technology

In the rapidly evolving landscape of InsurTech, a new game-changer has emerged: hx Renew. This cutting-edge platform is redefining how actuarial teams operate, offering...

The future of reinsurance: Technology and skills gap in focus

The state of reinsurance pricing in 2023 is under scrutiny. With the landscape of risks evolving at an unprecedented pace, reinsurers are facing significant barriers to optimally underwriting risks. A staggering 70% of underwriters acknowledge that this rapidly changing environment presents the greatest challenge to their ability to underwrite risks effectively.
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