Freeyou Insurance partners Akur8 to boost pricing strategy in Germany.

January 17, 2024
1 min read

TLDR:
– Digital insurer Freeyou Insurance is partnering with insurance pricing solutions provider Akur8 to enhance its pricing strategy in Germany.
– Freeyou Insurance, which focuses on auto and personal possessions insurance, prioritises simplicity, digital innovation and intelligent services.
– Akur8’s cloud-based platform uses machine learning to enhance insurers’ pricing processes, and its collaboration with Freeyou Insurance is expected to strengthen the company’s competitiveness in the market and accelerate its actuarial processes.
– The partnership also marks Akur8’s expansion in Germany, further cementing its presence in the European personal lines market.
– Both companies value transparency and ease of use in their pricing strategies, and the collaboration is seen as a natural alignment of values and strategies.
– Freeyou Insurance said it is excited about the possibilities that Akur8’s pricing platform brings and believes it will strengthen its position as a forward-thinking insurance provider.

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