AllClear Travel Insurance deploys Akur8 to empower its pricing team
Location:
Goal
Improve and speed up risk and demand modeling, as well as rate making
Results
Modeling time reduced to a few hours
Feedback
"Akur8’s platform offers a best-in-class pricing ecosystem for data analytics, risk and demand modeling, rate making and impact assessment. Akur8’s pricing suite is fully integrated and easy to use. It allows us to speed up our modeling process, turning weeks of modeling into a few hours and shifting team effort from production to analytics and decision making."
Marie Carter, Head of Pricing at AllClear Travel Insurance
Drive business value by bringing your end-to-end pricing process to the next level
Akur8 is the only technology on the market that automates the generation of production-ready GAM/GLMs. Thanks to its unique proprietary algorithms, it delivers tremendous business value by unlocking untapped combined ratio improvement.
Other use cases
“Providing efficient, reliable and consistent pricing creates a win-win for the risk taker and agent. Having the ability to improve risk pricing by running complex models and updating those models as new data comes in at any moment is a game changer for us, and a competitive differentiator. It is crucial for the rapidly changing E&S marketplace.”
