Akur8 Expands Strategic Alliance with New Licensing Agreement for Pricing and Reserving

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New York 

February 25, 2025

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Akur8, the next-generation insurance pricing and reserving solution powered by transparent machine learning is pleased to announce the expansion of their strategic alliance with Deloitte Canada. Building on a successful collaboration since 2021, Deloitte will now leverage Akur8's solutions for both pricing and reserving, marking a significant milestone in this relationship.

Developed explicitly for insurers, Akur8 leverages the power of transparent machine learning and predictive analytics to inject game-changing speed, performance and reliability into insurers’ pricing and reserving processes. Its comprehensive suite of tools is specifically designed to fully support actuaries and underwriters. 

Deloitte will integrate Akur8’s advanced pricing and reserving capabilities into its actuarial and consulting services, providing property and casualty insurers with a comprehensive, scalable solution for improving efficiency, accuracy, and compliance.

"We are excited to join forces with Akur8, as their innovative pricing and reserving platforms are at the forefront of actuarial technology. Through this collaboration, we can offer another avenue for our insurance clients to enhance their capabilities in pricing as well as driving transformative automation and efficiency in the reserving space. The combination of Akur8's automated modeling capabilities with Deloitte's proven transformation capabilities allows us to deliver cutting-edge solutions that drive business value for insurers across Canada," stated Karl Meissner-Roloff, Partner at Deloitte Canada.

“Akur8 is committed to deepening our collaboration with Deloitte. By combining our advanced technology with Deloitte’s deep actuarial expertise, we’re creating a powerful value proposition for insurers looking to modernize their pricing and reserving strategies,” said Samuel Falmagne, CEO at Akur8.

“We have been actively expanding our global footprint, and this broadened strategic relationship with Deloitte to deliver our combined performance to P&C insurers, insurtechs and MGAs worldwide is a natural next step for Akur8,” added Brune de Linares, Chief Client Officer at Akur8.

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ABOUT AKUR8

Akur8 is transforming the non-life insurance industry with its innovative suite of pricing and reserving solutions. Our Next Gen Pricing and Reserving Platform combines cutting-edge technology with actuarial excellence to drive business value, bringing speed, performance, transparency, and reliability to insurers of all sizes. 

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Akur8 serves 250+ customers across 40+ countries, including P&C global carriers AXA, Generali, Munich Re, Europ Assistance, Tokio Marine and MS&AD; commercial P&C insurers TMNAS, FCCI, NEXT, HDVI and Canal; personal and commercial P&C insurers Cypress, Madison Mutual, Western Reserve Group and Georgia Farm Bureau; and specialty P&C insurers Canopius and Bass Underwriters. Over 3,000 actuaries use Akur8 daily to build their pricing models and reserving projections across all lines of business.

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Press Contacts 

Akur8
Heide Sacher
Akur8
+1 908-977-6526
heide.sacher@akur8.com

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