{"id":4022,"date":"2024-09-18T16:02:39","date_gmt":"2024-09-18T16:02:39","guid":{"rendered":"https:\/\/fintech.global\/globalinsurtechsummit\/?p=4022"},"modified":"2025-10-31T12:03:22","modified_gmt":"2025-10-31T12:03:22","slug":"seguros-lagun-aro-selects-akur8-to-streamline-its-insurance-pricing-process","status":"publish","type":"post","link":"https:\/\/fintech.global\/globalinsurtechsummit\/seguros-lagun-aro-selects-akur8-to-streamline-its-insurance-pricing-process\/","title":{"rendered":"Seguros Lagun Aro selects Akur8 to streamline its insurance pricing process"},"content":{"rendered":"

Akur8<\/a>, a next-generation insurance pricing and reserving solution, has been selected by leading Spanish insurer\u00a0Seguros Lagun Aro<\/a>\u00a0to streamline its insurance pricing process.<\/strong><\/p>\n

Leveraging Akur8\u2019s state-of-the-art technology, the collaboration is set to focus on boosting the Bilbao-based firm\u2019s property and casualty (P&C) offerings.<\/p>\n

With Akur8\u2019s solution, Seguros Lagun Aro will benefit from faster, more precise pricing models, offering improved market reactivity and transparency in the insurance sector.<\/p>\n

Cristina Galindo Astobieta, non-life statistical control technician at Seguros Lagun Aro spoke enthusiastically on the transformative potential of the move, \u201cWe are implementing Akur8\u2019s pricing solution to enhance our ability to build models with speed and precision. We hope that the automated features and advanced analytics will streamline our processes, allowing us to develop and refine pricing models that respond effectively to market dynamics. This partnership with Akur8 is pivotal in enabling us to elevate our pricing strategy and maintain a competitive edge.\u201d<\/p>\n

Brune de Linares, Chief Client Officer at Akur8, added, \u201cWe are excited to welcome Seguros Lagun Aro to our growing client base in Spain, a leading market in pricing sophistication. With Akur8\u2019s intuitive, cloud-based platform, Seguros Lagun Aro will streamline their pricing process, saving time and boosting transparency.\u201d<\/p>\n

During the initial pilot phase, Seguros Lagun Aro appreciated the ease of use, speed, and transparency of Akur8\u2019s platform, as well as the solution\u2019s live business support.<\/p>\n

Akur8 is a technology-driven company specialising in automated insurance pricing models, using its proprietary Transparent AI to deliver faster, more accurate, and fully transparent risk modelling.<\/p>\n

The company\u2019s platform allows insurers to streamline their pricing processes while maintaining control and oversight of model development.<\/p>\n

Seguros Lagun Aro, headquartered in Bilbao, is a well-established Spanish insurer known for its customer-centred solutions and commitment to social responsibility.<\/p>\n

The company offers a broad range of P&C personal and commercial insurance products, catering to diverse client needs across Spain.<\/p>\n

The partnership also underscores the growing role of AI in the insurance industry. Akur8\u2019s CEO, Samuel Falmagne commented, \u201cWe are thrilled to partner with Seguros Lagun Aro, a company that shares our commitment to innovation and excellence in insurance. This collaboration underscores the transformative potential of AI in the insurance industry.\u201d<\/p>\n

Copyright \u00a9 2024 InsurTech Analyst<\/p>\n

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Akur8, a next-generation insurance pricing and reserving solution, has been selected by leading Spanish insurer\u00a0Seguros Lagun Aro\u00a0to streamline its insurance pricing process.<\/p>\n","protected":false},"author":5,"featured_media":4024,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[37],"tags":[78],"yoast_head":"\nSeguros Lagun Aro selects Akur8 to streamline its insurance pricing process - Global InsurTech Summit | The Summit for Insurance Leaders<\/title>\n<meta name=\"description\" content=\"Akur8, a next-generation insurance pricing and reserving solution, has been selected by leading Spanish insurer\u00a0Seguros Lagun Aro\u00a0to streamline its insurance pricing process.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fintech.global\/globalinsurtechsummit\/seguros-lagun-aro-selects-akur8-to-streamline-its-insurance-pricing-process\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Seguros Lagun Aro selects Akur8 to streamline its insurance pricing process - 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