Akur8 joins Ohio Mutual Insurance for cutting-edge insurance pricing power.

January 10, 2024
1 min read

Akur8 has announced a strategic partnership with Ohio Mutual Insurance Group aimed at enhancing the insurer’s pricing capabilities. Ohio Mutual plans to streamline predictive modeling and improve its rate review process by adopting Akur8’s Risk and Rate modeling solution. The technology will allow Ohio Mutual to take a more data-driven approach to pricing and gain actionable insights. Akur8’s machine learning solution offers benefits such as accelerated model building and transparent Generalized Linear Model (GLM) outputs. The partnership marks an expansion into the US insurance market for Akur8. Ohio Mutual is expected to benefit from a more holistic and user-friendly rate review process as a result of the collaboration.

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