September 9, 2024

✉️ Letter of CEO - Our acquisition of Arius

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We are bringing the best reserving solution in-house.

I have exciting news to share! Akur8 recently acquired Arius®, a leading P&C reserving software that helps insurers manage risk and improve financial performance. This acquisition was made from Milliman, a global provider of actuarial, risk management, and technology solutions.

Akur8: Samuel Falmagne (CEO) and Brune de Linares (Chief Client Officer)

Arius: Ken Scalf (Principal, P&C Insurance Software Solution) and Charles Hoffman (Principal & Director of Software Development)

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About Arius®

For those who may not be familiar with Arius, it is a widely adopted reserving software with over 150 insurance and consulting clients and more than 1,500 users. More than a third of these clients are top-tier carriers in the US and Canada, highlighting Arius’s expertise and leadership in the industry. Arius is a complete reserve analysis solution for non-life insurers and reinsurers. The Arius offering consists of three solutions:

Why did we acquire Arius®?

By bringing Arius into the Akur8 family, we're not only expanding our product offerings but also reinforcing our commitment to providing the best possible solutions for our clients and partners.

This acquisition allows us to combine Akur8’s innovative pricing capabilities with Arius’s strengths in reserving, creating a fully integrated platform that will redefine actuarial best practices and deliver even greater value.

I encourage you to visit our new Akur8 Reserving page on our website to learn more and explore the enhanced capabilities we now offer.

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Samuel Falmagne, CEO of Akur8

Samuel is CEO and co-founder of Akur8. Samuel started his tech career at IBM, where he spent 15 years in various international sales and sales management positions. He then joined Shift, as Head of Sales, where he was instrumental in the successful internationalization of Shift, including in the US. After 2 years at Shift, Samuel decided to apply his Insurtech expertise by transitioning to entrepreneurship and co-founding Akur8.

Learn more about Akur8 Reserving

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