Akur8, an InsurTech company specialising in insurance pricing and reserving through transparent machine learning, has acquired Matrisk, an AI-driven platform focused on transforming unstructured regulatory filings into searchable market insights.
With the addition of Matrisk, Akur8 is launching Akur8 Discover, a new offering within its pricing platform. The product enables insurers to search and analyse P&C rate and rule filings using AI, supported by structured data, tables, rules, and source-linked citations. Users can benchmark rating strategies, monitor rate evolution, and track market developments across states, perils, and lines of business.
Akur8 Discover also helps insurers anticipate regulatory objections and accelerate pricing and filing cycles by embedding real-time market and regulatory intelligence directly into pricing workflows. The integration strengthens Akur8’s AI capabilities, particularly in large language models and unstructured data processing.
Akur8 CEO Samuel Falmagne said, “Akur8 has always focused on helping insurers build better pricing models faster, with full transparency and control. Matrisk adds a critical new dimension to that mission. By bringing powerful filings search and competitive intelligence into our platform, we can now offer insurers the ability to understand their market context and integrate this information with Akur8’s existing suite of tools for re-rating and rate selection, demand modeling, and financial forecasting.
“This combination reinforces Akur8’s position as the actuarial platform of choice for insurers seeking to modernize pricing while staying aligned with regulatory expectations and competitive pressures. We are delighted to welcome Matrisk to Akur8 as we take this next step forward.”
Matrisk AI co-founder Sergey Filimonov said, “We started Matrisk because we believed AI could turn the most tedious parts of insurance market research into real leverage. The industry depends on information that’s scattered, messy, and hard to operationalize.
“We’ve grown faster than I ever imagined, and the adoption we’ve seen clearly validates that need. With Akur8, we can scale this even further, meet users where they already build rates, and help redefine the pricing engine from a modeling tool into an end-to-end decision platform that embeds regulatory and market context. The shared goal is simple: deliver high‑impact AI capabilities that customers find indispensable.”
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