Akur8 Selected by Cypress Property & Casualty Insurance to Boost Their Pricing Capabilities Across Personal and Commercial Lines of Business
Objectif
• Build high performing, explainable pricing models • Establish a robust predictive modeling framework
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Résultats
Citation
“The Akur8 platform does a remarkable job at streamlining complex ratemaking and modeling tasks. By leveraging this solution, our team can quickly run pricing and profitability models for multiple lines of business, across geographic locations. Akur8 allows us to easily summarize complex results and distribute them across internal teams.”
John Myers, Vice President, Product Management at Cypress
Améliorez vos performances en faisant passer l'ensemble de votre processus de tarification au niveau supérieur
Akur8 est la seule technologie sur le marché qui automatise la génération de GAM/GLM en production. Grâce à ses algorithmes propriétaires uniques, elle offre un potentiel d’amélioration considérable de votre Ratio Combiné.
Autres cas clients
“Akur8’s insurance pricing solution will enable TMNAS to quickly build intuitive and easily explainable predictive models across all products, providing new insights for underwriters. As a shared services company, it is key for us to be able to translate predictive information into useful measures for our clients. Akur8 will help us fill a missing component to complete the framework for transparent, and data-driven decision-making.”
"We foster innovation through various initiatives, and value integrity and fairness: Akur8’s transparent solution is perfectly aligned with these core principles. Akur8 will provide us great potentialities to be able to become the company and the group which sustainably have capabilities to develop various products and services for realization of a safe and secure society."
"Une tarification efficace, fiable et cohérente génère des gains pour le preneur de risque et l'agent. La possibilité d'améliorer la modélisation du risque en générant des modèles complexes, en les mettant à jour à tout moment au fur et à mesure de l'arrivée de nouvelles données, change la donne pour nous et constitue un facteur de différenciation concurrentiel. C'est un élément crucial pour un marché qui évolue rapidement."
