Akur8, a French InsurTech firm, has introduced two new features, Rate Repo and Deploy, to its innovative pricing suite. This development aims to enhance the capabilities of its next-generation insurance pricing and reserving platform.
The new tools are designed to improve the pricing lifecycle in insurance. Specifically, Rate Repo focuses on gathering and analyzing data, while Deploy facilitates the implementation of pricing decisions. Together, they enhance the overall speed, governance, and transparency of the pricing process within the industry.
This launch positions Akur8 as the only end-to-end actuarial platform in the insurance sector. The company's emphasis on transparent machine learning sets it apart from competitors, as it aims to provide insurers with a more streamlined and efficient way to approach pricing and reserves.
As a result of these new additions, insurance professionals—including underwriters and actuaries—will likely see improvements in their workflow. The tools promise to simplify complex processes, making it easier for companies to make informed decisions based on accurate data. Overall, this could lead to more competitive pricing for end customers.
With the introduction of Rate Repo and Deploy, Akur8 is making strides to solidify its role in the insurance pricing landscape. By focusing on transparency and efficiency, the company is responding to the evolving needs of the industry.
Original Source: https://fintech.global/2025/10/15/akur8-launches-rate-repo-and-deploy-platform-tools/