Akur8 chosen by Tokio Marine HCC for enhanced pricing abilities.

TLDR:

• Akur8 partners with Tokio Marine HCC to enhance insurance pricing strategies.
• Akur8’s Core Platform solution will enable Tokio Marine HCC to develop high-performing pricing models.

Akur8, the next-generation insurance pricing solution, has partnered with Tokio Marine HCC to elevate pricing strategies and drive innovation in the insurance sector. Tokio Marine HCC, a leading specialty insurer, will leverage Akur8’s machine-learning technology to enhance pricing processes, expedite model building, and improve data-driven underwriting. This partnership marks a significant milestone for Akur8 in the US specialty insurance market.

The CEO of Akur8, Samuel Falmagne, emphasized the importance of collaboration in supporting insurance specialty groups with deep technical and analytical expertise. The Chief Client Officer of Akur8, Brune de Linares, highlighted that this partnership demonstrates Akur8 as the premier pricing solution for insurance companies across various lines of business.

Tokio Marine HCC, with a dedicated team and commitment to customer satisfaction, aims to modernize its pricing procedures, simplify rate plan changes, and gain better insights with Akur8’s innovative offering. Through this collaboration, both companies are poised to revolutionize pricing strategies in the insurance sector.