Akur8 Selected by Cypress Property & Casualty Insurance to Boost Their Pricing Capabilities Across Personal and Commercial Lines of Business
Standort:
Ziel
• Build high performing, explainable pricing models • Establish a robust predictive modeling framework
Verwendetes Modul
Ergebnisse
Rückmeldung
“The Akur8 platform does a remarkable job at streamlining complex ratemaking and modeling tasks. By leveraging this solution, our team can quickly run pricing and profitability models for multiple lines of business, across geographic locations. Akur8 allows us to easily summarize complex results and distribute them across internal teams.”
John Myers, Vice President, Product Management at Cypress
Verbessern Sie Ihre Performance, indem Sie Ihren End-to-End-Pricing-Prozess auf das nächste Level bringen.
Akur8 ist die einzige Technologie auf dem Markt, die die Erstellung produktionsreifer GAM/GLMs automatisiert. Dank seiner einzigartigen patentierten Algorithmen liefert es einen enormen Geschäftswert, indem es Verbesserungen der Schaden-Kosten-Quote ermöglicht.
Andere Use Cases
“Our team really values the speed of model creation and iteration, transparency and ease of reporting that Akur8’s Core Platform solution provides. Being able to review the indicated vs. predicted and then make a selection is something in the current pricing process that Akur8 helps make a lot more efficient. We also love that if a member of our team ever runs into a roadblock, Akur8’s live support is always there to help us resolve any issues that arise.”
“Akur8’s insurance pricing solution will enable TMNAS to quickly build intuitive and easily explainable predictive models across all products, providing new insights for underwriters. As a shared services company, it is key for us to be able to translate predictive information into useful measures for our clients. Akur8 will help us fill a missing component to complete the framework for transparent, and data-driven decision-making.”
"We foster innovation through various initiatives, and value integrity and fairness: Akur8’s transparent solution is perfectly aligned with these core principles. Akur8 will provide us great potentialities to be able to become the company and the group which sustainably have capabilities to develop various products and services for realization of a safe and secure society."
