Tag: insurance pricing

The hybrid actuarial role reshaping insurance pricing

Insurers face a growing dilemma: machine learning promises sharper pricing, yet models must remain explainable, compliant and commercially viable. According to Akur8, the answer...

Over 80% of MGAs modernising pricing, Optalitix finds

Optalitix, an underwriting and pricing InsurTech, has released independent research showing that MGAs need to overhaul their pricing and underwriting operations to stay profitable...

Optalitix bets on agentic AI to reshape insurer pricing

Optalitix, a London-based InsurTech specialising in pricing and underwriting software, has upgraded its Optalitix Quote platform with agentic AI capabilities designed to help insurers,...

Earnix bridges the gap between ML accuracy and regulation

The most predictive model an insurer builds is often the one it can never put into production, according to InsurTech pricing specialist Earnix. Machine learning...

Why strong pricing models fail before they reach market

A technically brilliant pricing model can still destroy value if it stalls on the way to production, according to InsurTech pricing specialist Akur8. In a...

Akur8: closing the gap between pricing and production

Insurance pricing has a delivery problem. Actuaries can build technically robust models, but before those models generate any real business value, they must navigate...

Akur8 acquires Matrisk to launch Discover pricing tool

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...

US, UK and France continued to take lion’s share of global...

Key Global InsurTech investment stats in 2024: Global InsurTech deal activity dropped by 47% YoY US, UK and France continued to dominate global InsurTech...

Overcoming GLM limitations: How to improve pricing model accuracy

When analysts begin working in pricing, their first instinct is often to dive straight into modelling. Generalised Linear Models (GLMs) are a standard approach,...

Akur8 and Deloitte Canada expand partnership to enhance pricing and reserving...

Akur8, a leading provider of machine learning-powered pricing and reserving solutions for insurers, has expanded its strategic partnership with Deloitte Canada, a global leader in consulting and actuarial services.

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