Seamlessly bring Akur8 rates into production with our insurance rating engine
Move from ratemaking and analysis to production insurance rating in minutes
- Integrate seamlessly with the rating structures of Akur8 Rate
- Deploy a responsive API that implements your pricing structure in a few clicks
- Eliminate handovers, copy-pasting and other operational risks
- Integrate easily with any policy admin system via real-time API point
Provide your actuaries with full control on live ratings
- Test deployments before they go live and run A/B testing easily
- Run simulations and drill-down results for any API that was, is or could be deployed
- Add even complex routing strategies easily to segment your client base according to your needs
Maintain auditability and control: review, challenge or approve any decision
- Track every action and version every modification
- Ensure compliance by retrieving who did what and where for every change on the platform
- Version all changes that can impact production and your business. Improve your decision management by easily reviewing and approving all changes
.avif)
Frequently Asked Questions about Akur8’s insurance rating engine
What is Akur8 Deploy?
Akur8 Deploy is an advanced insurance rating engine. It is part of Akur8’s best-in-class insurance pricing software and is designed to seamlessly bring rates built in Akur8 into production.
What are the benefits of using a cloud-based insurance rating engine like Akur8 Deploy?
The benefits include unmatched speed to market without common operational risks, seamless integration with existing systems, and full control over live ratings with enhanced auditability and compliance.
All of these elements are crucial for modern insurance companies that wish to remain competitive and adapt quickly, while ensuring compliance with local regulations.
Can Akur8 Deploy integrate with my existing policy management system?
Yes, Akur8 Deploy integrates easily with any policy admin system. You can leverage secure real-time API points, ensuring smooth operation with your existing infrastructure.
How does Akur8 Deploy handle swift and continuous insurance pricing adjustments ?
Akur8 Deploy allows you to quickly view and adjust your pricing structure and deploy them in minutes. This ensure that your pricing is always up-to-date and reflective of current market conditions and risk assessments.
Does Akur8 Deploy offer testing capabilities?
Yes, Akur8 Deploy allows you to test rate deployments before they go live, run A/B testing easily, and perform simulations to drill down results for any API.
How can I ensure compliance and auditability of new rate deployments with Akur8?
Akur8 Deploy ensures full auditability and control by tracking every action, versioning each modification, and providing detailed records of who made changes and where on the platform. This guarantees compliance and supports effective decision management.
How does Akur8 Deploy support collaboration and ratemaking decision management for insurance companies?
Akur8's cloud-based technology enables seamless collaboration among all stakeholders while minimizing the impact on IT resources.
The platform improves decision management by allowing you to review, challenge, and approve any decision, ensuring all changes that can impact production and business are easily reviewed and approved.
