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Akur8 Acquires Arius: A New Era for Actuaries | Akur8 | ITC Vegas 2024
Akur8 acquired Arius, a reserving software from Milliman, and it’s set to shake things up for actuaries.
Samuel Falmagne, CEO, and Brune de Linares, Chief Client Officer, break down why this move matters. Reserving has always been a tough challenge for insurers, with mounting pressure to deliver reserves fast and accurately. That’s exactly where Arius comes in—helping actuaries speed up the process while keeping precision front and center.
But this isn’t just about adding another tool to the mix. De Linares highlights that Akur8 is bringing over the entire Arius team and its 150+ clients, including some of the biggest insurers in the US and beyond. With pricing and reserving often handled by the same actuaries, combining these capabilities under one roof makes perfect sense.
For Akur8, this isn’t just an acquisition—it’s a natural next step in their mission to give actuaries the tech they actually need. By bringing pricing and reserving together, they’re making life easier for insurers and setting a new standard for AI-driven actuarial solutions.
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