Indiana Farm Bureau Insurance Selects Akur8 to Accelerate Model Development and Build Transparent Pricing Models

New York, NY

June 19, 2025

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Akur8, the next generation insurance pricing and reserving solution powered by transparent machine learning, is thrilled to announce that Indiana Farm Bureau Insurance, a leading provider of property and casualty insurance in Indiana, has chosen Akur8’s Core Platform to accelerate model development and build transparent, explainable pricing models.

Developed explicitly for insurers, Akur8’s solution enhances pricing processes by using proprietary machine-learning technology. The core benefits for the P&C insurance marketplace include accelerated model building, transparent GLM outputs, and data-driven underwriting.

"We’re excited to engage with Indiana Farm Bureau Insurance. Akur8’s AI-powered solution will streamline their pricing process, enabling their team to identify opportunities and forecast impacts with precision, while maintaining the exceptional service and support that Indiana Farm Bureau Insurance is known for. We look forward to a successful, long-term collaboration,” stated Samuel Falmagne, CEO at Akur8.

Brune de Linares, Chief Client Officer at Akur8 agreed, “Our engagement with Indiana Farm Bureau Insurance highlights Akur8's role as a trusted solution for insurers across all sectors. This recent collaboration underscores the value we bring, and we're excited to work together.”

“We’re thrilled to work with Akur8 to elevate our pricing process. With rapid model development, state-specific insights, and the ability to simulate rate changes at the coverage level, we can quickly pinpoint underperforming segments and assess their financial impact. Akur8’s transparent, intuitive outputs make it easy to share insights with stakeholders, and their ongoing support has been invaluable. We look forward to working with the Akur8 team,” noted Brian Poole, Executive Director and Chief Actuary at Indiana Farm Bureau Insurance.

About Akur8

Akur8 is transforming the non-life insurance industry with its innovative suite of pricing and reserving solutions. Our Next Gen Pricing and Reserving Platform combines cutting-edge technology with actuarial excellence to drive business value, bringing speed, performance, transparency, and reliability to insurers of all sizes. Akur8 serves 300 customers across 40+ countries, including P&C global carriers AXA, Generali, Munich Re, Europ Assistance, Tokio Marine and MS&AD; commercial P&C insurers TMNAS, FCCI, NEXT, HDVI and Canal; personal and commercial P&C insurers Farm Bureau Insurance Company of Idaho, Cypress, Madison Mutual, Western Reserve Group and Georgia Farm Bureau; and specialty P&C insurers Canopius and Bass Underwriters.  Over 3000 actuaries use Akur8 daily to build their pricing models and reserving projections across all lines of business.

About Indiana Farm Bureau Insurance

Indiana Farm Bureau Insurance has served Hoosiers for more than 90 years. Organized in 1934 by Indiana Farm Bureau, Inc., the company has grown to include insurance products for auto, life, home, business and farm. 

Health plan benefits, banking and other financial services and products are also available through its local offices and online at www.infarmbureau.com. With a home office in downtown Indianapolis and local offices in all 92 counties, Indiana Farm Bureau Insurance serves Hoosiers with more than 450 agents and approximately 1,200 employees living and working throughout the state. The company is a leader in auto and homeowners insurance and the largest writer of farm insurance in the state. 

Press Contacts 

Heide Sacher

Head of Marketing for US & Canada

Akur8

908-977-6526

heide.sacher@akur8.com

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