Tag: Akur8

The coronavirus pandemic has forced insurers to review their pricing models, but adopting new tech solutions to do that could have many benefits.

Currently business is not normal, but it might be fostering the rapid development of artificial intelligence (AI) technology.

The insurance space has been a hotbed of innovation over the past few years, but pricing might have been left out.

COVID-19 has plunged financial markets into chaos, but the pandemic also represents both challenges and opportunities for FinTech companies as they adjust to a whole new reality.

AI technology has been at the forefront of discussions around technology for a number of years now and it has been able to provide the insurance world with a plethora of benefits.

COVID-19 could be great for the InsurTech industry as the crisis highlight where insurers’ shortcomings are. But that does not mean there won’t be hard times ahead.

Akur8, an AI insurance pricing solution, has netted €8m in its Series A round to support its expansion efforts across the US and Europe.