PriyaPatel
TLDR:
- German digital insurer Freeyou Insurance AG has partnered with Akur8, an insurance pricing solution provider, to improve its pricing capabilities and deliver greater value to customers.
- Akur8’s cloud-based platform will help Freeyou Insurance AG to enhance its pricing processes and provide transparent outputs for underwriting.
German digital insurer Freeyou Insurance AG has chosen Akur8 as its pricing solution provider to improve its pricing capabilities and enhance value for customers. Freeyou Insurance AG offers motor insurance, items and repair cost insurance, and extended warranties. Akur8’s pricing platform, designed specifically for insurers, offers a cloud-based, fully integrated insurance pricing platform with machine learning capabilities. The collaboration with Akur8 will give Freeyou Insurance AG accelerated model building, transparent outputs for general linear models, and data-driven underwriting capabilities. Founded in 2018, Freeyou Insurance AG aims to simplify insurance processes and provide customers with a digital and intelligent experience. Both Akur8 and Freeyou Insurance AG share a vision of transforming the insurance industry and are committed to innovation, transparency, and user-friendliness. Freeyou Insurance AG will incorporate Akur8’s full platform, including the RISK, DEMAND, and RATE modules, into its pricing workflow.
