Akur8, a company specializing in insurance pricing and reserving through machine learning, has announced the opening of its new office in Madrid, Spain. This new location represents the eighth international office for the company, highlighting Akur8's ongoing commitment to enhancing its global footprint.
Spain is characterized as a strategic growth market for Akur8, with more than 15 local insurers reportedly utilizing its platform. Among these clients are well-known names like AXA, MAPFRE, and Santalucía. This expansion aims to strengthen Akur8's relationships with existing clients while also reaching potential new partners in the region.
The establishment of an office in Madrid is part of Akur8's broader strategy to cater to the growing demand for advanced insurance solutions in various markets. By being closer to its clients, the company will likely improve customer service and collaboration, which could enhance its competitive edge in the insurance tech landscape.
The opening of this office suggests that Akur8 is confident about its growth trajectory and performance within Spain’s insurance market. As the company continues to innovate and expand, it will be interesting to see how this move affects its operations and partnerships in the region.
Original Source: https://www.crowdfundinsider.com/2025/11/255866-insurtech-akur8-expands-operations-with-madrid-office/