Akur8, a leading InsurTech specialising in insurance pricing and reserving solutions, has partnered with Indiana Farm Bureau Insurance, a major property and casualty insurer in Indiana.
The collaboration will accelerate pricing model development and deliver transparent, explainable outputs using Akur8’s machine learning technology.
Indiana Farm Bureau Insurance will benefit from faster insights, state-specific pricing analysis, and improved ability to simulate rate changes at coverage level.
This partnership highlights Akur8’s expanding role in supporting insurers with innovative AI-powered pricing tools.
Akur8 CEO Samuel Falmagne said, “We’re excited to engage with Indiana Farm Bureau Insurance. Akur8’s AI-powered solution will streamline their pricing process, enabling their team to identify opportunities and forecast impacts with precision, while maintaining the exceptional service and support that Indiana Farm Bureau Insurance is known for. We look forward to a successful, long-term collaboration.”
Akur8 chief client officer Brune de Linares said, “Our engagement with Indiana Farm Bureau Insurance highlights Akur8’s role as a trusted solution for insurers across all sectors. This recent collaboration underscores the value we bring, and we’re excited to work together.”
Indiana Farm Bureau Insurance executive director and chief actuary Brian Poole said, “We’re thrilled to work with Akur8 to elevate our pricing process. With rapid model development, state-specific insights, and the ability to simulate rate changes at the coverage level, we can quickly pinpoint underperforming segments and assess their financial impact. Akur8’s transparent, intuitive outputs make it easy to share insights with stakeholders, and their ongoing support has been invaluable. We look forward to working with the Akur8 team.”
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