October 10, 2024

🏢 Akur8 has been selected by RSM to bolster their insurance pricing process

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Akur8, the next generation insurance pricing and reserving solution powered by Transparent AI, is excited to announce its new collaboration with RSM US LLP (« RSM »), the leading provider of assurance, tax and consulting services for the middle market. RSM has used Akur8’s Reserving solution for several years and will now leverage Akur8’s Pricing solution (RISK, DEMAND and RATE modules) to provide enhanced actuarial services to its clients. This new achievement strengthens Akur8's position as the global leader of a groundbreaking Pricing and Reserving platform worldwide.

Specifically developed for insurers, Akur8’s pricing solution empowers pricing teams to make better decisions faster, by automating risk modeling using proprietary transparent machine learning technology. The core benefits for insurers include increased predictive performance and speed-to-accuracy for higher market reactivity and immediate business impact, while maintaining full transparency and control of the models created.

RSM’s arrangement with Akur8 demonstrates their continued dedication to redefining innovation through seamless, data-driven, scalable digital solutions and experiences for their clients, people and the firm.  

"This agreement with RSM is a significant milestone for Akur8 as we continue to expand our presence in Canada and North America. We are excited to bring our innovative pricing and reserving solutions to a broader market, helping insurers enhance their accuracy, speed, and transparency. With our recent acquisition of Arius, we are better positioned than ever to offer a full suite of advanced capabilities that will revolutionize how insurance companies approach pricing and reserving," said Samuel Falmagne, CEO at Akur8. 
“This collaboration with Akur8 marks another step in RSM’s commitment to advancing digital transformation and delivering cutting-edge solutions to clients across the industries we serve. We are excited to work with Akur8 as their innovative platform will be transformative for our clients, helping them remain competitive in a rapidly evolving market,” said David Mamane, partner and actuarial leader with RSM Canada

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.  

Akur8 serves 250+ customers across 40+ countries, including AXA, Generali, Munich Re, Promutuel, SGI, ICPEI and Tokio Marine. Over 3,000 actuaries use Akur8 daily to build their pricing models and reserving projections across all lines of business. 

Akur8's recent acquisition of Arius expands its core capabilities, bringing the leading reserving solution in-house. Click here to learn more.

About RSM US LLP

RSM is the leading provider of professional services to the middle market. The clients we serve are the engine of global commerce and economic growth, and we are focused on developing leading professionals and services to meet their evolving needs in today’s ever-changing business landscape. Our purpose is to instill confidence in a world of change, empowering our clients and people to realize their full potential.

RSM US LLP is the U.S. member of RSM International, a global network of independent assurance, tax and consulting firms with 64,000 people in 120 countries. For more information, visit rsmus.com, like us on Facebook, follow us on X and/or connect with us on LinkedIn.

Media Contact 

For Akur8 

Edouard Dognin, Marketing Manager

edouard.dognin@akur8.com

For RSM US LLP

Terri Andrews

Terri.Andrews@rsmus.com

980-233-4710

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