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Average Ratings 0 Ratings

Total
ease
features
design
support

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Write a Review

Description

Akur8 harnesses advanced machine learning and predictive analytics to revolutionize the pricing process for insurers, delivering unprecedented speed and precision while ensuring complete transparency, auditability, and control over the developed models. It stands out as the sole technology available that automates the creation of production-ready Generalized Additive Models and Generalized Linear Models. By utilizing its innovative proprietary algorithms, Akur8 significantly enhances business value by revealing potential improvements in the combined ratio that were previously overlooked. This technology empowers actuarial pricing teams to create highly accurate models in record time, enabling quicker and more informed decision-making. Additionally, to maximize value and provide extensive flexibility, Akur8 is equipped with API capabilities, allowing for rapid exploration of data sources, the ability to construct custom features, and seamless integration into existing pricing processes, further enhancing the overall efficiency of insurers. By taking advantage of Akur8, companies can transform their pricing strategies and gain a competitive edge in the insurance market.

Description

This approach leverages our vast experience accumulated over many years collaborating with leading companies worldwide. It aims to enhance your team's pricing strategies, create more precise quotes, improve price increase initiatives, efficiently oversee contracts to ensure customer retention, and maximize the overall lifetime value of clients. By equipping your sales teams with the appropriate tools, they can achieve commercial excellence while fostering enduring relationships with customers. Open Pricer provides them with valuable insights and strategies to conduct successful negotiations, swiftly identify the optimal sales solutions with both flexibility and precision, and discern potential opportunities and risks to maximize customer lifetime value. The Open Pricer API-driven rating engine offers immediate pricing for online sales platforms, while our adaptable pricing model determines the ideal price based on the specifics of each deal, associated costs, and prevailing market conditions. Additionally, this comprehensive solution not only streamlines pricing processes but also allows businesses to respond dynamically to market fluctuations.

API Access

Has API Yes 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Kardinal No 

Integrations

Kardinal Yes 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person No 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) No 
In Person No 

Vendor Details

Company Name

Akur8

Founded

2018

Country

France

Website

www.akur8.com

Vendor Details

Company Name

Open Pricer

Founded

2000

Country

France

Website

www.openpricer.com

Product Features

Pricing Optimization

Channel Analysis No 
Competing Product Analysis No 
Forecasting No 
Market Analysis No 
Multi-Store Management No 
Price List Management No 
Price Optimization Automation No 
Pricing Analytics No 
Profitability Analysis No 
Scenario Planning No 

Product Features

Pricing Optimization

Channel Analysis No 
Competing Product Analysis No 
Forecasting No 
Market Analysis No 
Multi-Store Management No 
Price List Management No 
Price Optimization Automation No 
Pricing Analytics Yes 
Profitability Analysis Yes 
Scenario Planning No 

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