Akur8, a leading provider of AI-powered pricing and reserving software, has announced that Michael Kraus, founder of 9elf26 and former CEO of NOVUM, has joined the company as a strategic advisor for the German insurance market.
The firm leverages machine learning technologies to optimise pricing strategies for insurers, enhancing their competitiveness.
The company serves over 250 clients globally, including Munich Re, AXA, and ERV in Germany, demonstrating its strong position in the insurance technology space.
Kraus brings over 30 years of experience in insurance software solutions and an in-depth understanding of the German market.
In his new role, he will advise Akur8 on addressing German market needs and promote the sustainable implementation of its AI-powered technology in the insurance sector. His expertise will help strengthen Akur8’s position as a leader in AI-driven pricing.
Commenting on his partnership with Akur8, Michael Kraus said, “We are delighted to be a trusted advisor to the Akur8 team, helping to enhance their competitive edge and solidify their position as a leader in AI-driven pricing.”
The partnership also aligns with 9elf26’s mission to support visionary projects and help companies expand their market positions within the insurance sector.
Akur8 continues its rapid growth worldwide, driven by its cutting-edge machine learning platform that addresses critical pricing challenges for insurers.
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