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.
Akur8 joins Ohio Mutual Insurance for cutting-edge insurance pricing power.
![](https://insurbrief.com/wp-content/uploads/2024/01/InsurBrief-Custom-Images-30.jpg)
Latest from Blog
![](https://insurbrief.com/wp-content/uploads/2024/01/InsurBrief-Custom-Images-25-480x384.jpg)
Your Daily InsurTech Briefing – 2024-07-27
Let’s see what’s in the news today. Embroker launches specialised insurance program for real estate professionals Embroker, the digital insurance company simplifying the insurance buying experience for businesses, has unveiled its specialised
![](https://insurbrief.com/wp-content/uploads/2024/01/InsurBrief-Custom-Images-22-480x384.jpg)
Exploring trends and challenges in insurance claims – Here’s how!
TLDR: Insurers are adapting to key trends like digital transformation, AI, and emerging technologies to enhance operations, improve customer experience, and offer tailored insurance solutions. They must also navigate new privacy laws
![](https://insurbrief.com/wp-content/uploads/2024/01/InsurBrief-Custom-Images-21-480x384.jpg)
“Top 20 Insurance Companies in India”
TLDR: Insurance is a major industry in India with numerous job opportunities in tech and non-tech roles. Companies like Tata AIG, Acko, and HDFC Ergo are leading the way in providing innovative
![](https://insurbrief.com/wp-content/uploads/2024/01/InsurBrief-Custom-Images-18-480x384.jpg)
PPL ups its game for half-year renewals with improved service.
TLDR: PPL improved service during half-year renewals with a new platform. Performance and service responsiveness were enhanced, with faster call responses and issue resolutions. Placing Platform Limited (PPL) saw a strong and
![](https://insurbrief.com/wp-content/uploads/2024/01/InsurBrief-Custom-Images-42-480x384.jpg)
“Embroker unveils tailored insurance solution for real estate experts.”
TLDR: Embroker has launched a specialised insurance program for real estate professionals, offering comprehensive coverage including professional liability, cyber, business owners’, and worker’s compensation coverage. The program is built on Embroker’s ONE
![](https://insurbrief.com/wp-content/uploads/2024/01/InsurBrief-Custom-Images-15-480x384.jpg)
Your Daily InsurTech Briefing – 2024-07-26
Let’s see what’s in the news today. US insurtech company Embroker launches real estate insurance programme Embroker, a US digital insurance company, has introduced an insurance programme, specifically designed for real estate agents
![](https://insurbrief.com/wp-content/uploads/2024/01/InsurBrief-Custom-Images-23-480x384.jpg)
Prepare for surge in travel insurance claims due to tech outage
TLDR: Travel insurance providers are expecting a surge in claims after a global tech outage grounded flights, causing delays and cancellations. InsureMyTrip stated that over 1,600 customers had travel plans affected. Travelers
![](https://insurbrief.com/wp-content/uploads/2024/01/InsurBrief-Custom-Images-12-480x384.jpg)
Revolutionize insurance with these 5 game-changing mobile tech trends.
TLDR: Mobile technology is transforming the insurance industry by enhancing customer experience, enabling advanced analytics, integrating blockchain for security, leveraging IoT for real-time monitoring, and deploying AI and machine learning for improved
![](https://insurbrief.com/wp-content/uploads/2024/01/InsurBrief-Custom-Images-6-480x384.jpg)
Insurers tackle climate risks with satellite solutions for smoother operations.
TLDR: Insurers are facing challenges due to climate risks and extreme weather events Satellite technologies are now offering cost-effective solutions for risk monitoring and assessment In a world where global temperature records
![](https://insurbrief.com/wp-content/uploads/2024/01/InsurBrief-Custom-Images-44-480x384.jpg)
Cover Genius and Priceline team up for travel insurance convenience.
TLDR: Cover Genius and Priceline Partner Up on Travel Insurance Cover Genius and Priceline have announced a new partnership in the USA and Canada to introduce enhanced travel protection for flights, hotels,