Breaking News
Akur8 Partners with Sapiens to Empower Insurers with Next Generation Pricing Capabilities
Akur8, an AI-based SaaS pricing solution company, and Sapiens International Corporation, a leading global provider of software solutions for the insurance industry, announced the two organizations have entered into a strategic partnership to empower property & casualty (non-life) insurance carriers with next generation pricing capabilities. This global alliance will bring increased speed, accuracy, and transparency to the pricing processes of Sapiens’ clients.
Through its unique, cloud-based platform, Akur8 leverages proprietary Transparent AI algorithms to automate the insurance ratemaking process, while maintaining full transparency and control of the models created. Akur8 offers end-to-end ratemaking capabilities to property and casualty (non-life) insurers, MGAs, and insurtechs. As part of the alliance, Sapiens considers integrating Akur8 in their P&C Insurance Solutions- an agile, modular, end-to-end solution that supports advanced automation capabilities and facilitates digital transformation.
“At Sapiens, we are convinced that Akur8 is setting the right foundation for the future of ratemaking in the P&C insurance space. Offering Akur8’s state-of-the-art AI-based pricing solution together with Sapiens’ P&C Insurance Solutions will bring substantial value-add to our P&C clients looking for an end-to-end rate-making solution to accelerate their digital transformation. We continue to expand our partnerships around the world to provide new business capabilities to accelerate digital transformation in P&C. We are very pleased that Akur8 joins our expansive partner ecosystem,” said Amanda Ingram, Propositions, Alliances & Ecosystem Manager of Sapiens.
“Akur8 is thrilled to join forces with Sapiens, a leading and truly innovative global provider of insurance software solutions. By combining our leading edge capabilities, we can deliver a strong actuarial value proposition to P&C insurers — leveraging our state-of-the-art AI-based pricing platform and Sapiens’ top-notch digital transformation expertise,” said Samuel Falmagne, CEO at Akur8.
- EXCLUSIVE: “Stable & Secure?” – Simone Loefgen, Commerzbank in ‘Discover Sibos 2025’ Read more
- CBI Drives Verification of Payee Compliance in Italy Read more
- Lastro Secures $15M Series A Led by Prosus Ventures to Scale its AI Agent, Empowering Over 2M Homebuyers Read more
- Evertec Announces Closing of Controlling Stake in Tecnobank, Expanding Product Offering in Brazil Read more
- EXCLUSIVE: “Scaling Safely – Without Debanking” – Imam Saygili, Flagright in ‘The Fintech Magazine’ Read more
Sixfold Launches Referral Agent: Turning AI Insights Into Instant Underwriting Action
Sixfold, the underwriting AI company, today announces that it has expanded its P&C platform with Referral Agent – a major step toward AI that doesn’t just deliver insights but acts on them. Referral Agent flags cases for referral and builds a ready-to-send package in one click, setting the stage for more action-oriented capabilities across underwriting.
One Inc Expands Life Insurance Payments Ecosystem Through Partnership with Equisoft
One Inc, the leading payments network for the insurance industry, today announced a partnership with Equisoft, a global provider of advanced digital solutions for the financial services industry. The collaboration brings together One Inc’s PremiumPay® platform and Equisoft’s industry-leading life insurance policy administration solutions to deliver a frictionless, modern premium payment experience for insurers and their policyholders.
Lloyd’s and Ireland’s Department for Finance Announce Strategic Collaboration to Drive Insurtech Innovation
Lloyd’s and Ireland’s Department of Finance announced a new strategic partnership to foster insurtech innovation and promote Irish expertise on a global stage
Why Millennials and Gen Z Are Choosing Life Cover and Delaying Marriage and Kids
A growing number of UK adults under 40 are postponing traditional life milestones, with far-reaching implications for financial planning and insurance uptake. Capital for Life explains how younger generations are reshaping the market and what insurers must do to keep pace.
Chubb and Endeavor Forge Global Partnership to Empower Entrepreneurs and Support Emerging Market Economic Growth
Chubb Limited (NYSE: CB) and Endeavor have announced a unique global partnership that supports and advances high-impact entrepreneurs. This partnership underscores Chubb and Endeavor's shared commitment to foster innovation, cultivate the start-up culture and contribute to economic growth in emerging markets globally.
OpenDialog AI and P J Hayman Partner to Redefine Digital Travel Insurance Journeys
OpenDialog AI today announced a new partnership with P J Hayman to revolutionise how people buy and engage with travel insurance online
Moneybox and First Mortgage Partner to Deliver Award-winning Digital Innovation and Expert Mortgage Advice to Homebuyers Nationwide
Moneybox, the digital wealth manager helping over 1.5 million people across the UK save, invest, and plan for their future, has today announced a strategic partnership with First Mortgage, one of the UK’s leading mortgage brokers and part of the award-winning Mortgage Advice Bureau.
EXCLUSIVE: “Stable & Secure?” – Simone Loefgen, Commerzbank in ‘Discover Sibos 2025’
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
CBI Drives Verification of Payee Compliance in Italy
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Lastro Secures $15M Series A Led by Prosus Ventures to Scale its AI Agent, Empowering Over 2M Homebuyers
Lastro, a Brazilian artificial intelligence proptech, announced a Series A round of $15 million led by Prosus Ventures, a global tech operator and investor and major shareholder in iFood and OLX. FJ Labs and Endeavor Scale-Up Ventures also participated in the round, along with existing investors Canary, QED and 1Sharpe Ventures.
Evertec Announces Closing of Controlling Stake in Tecnobank, Expanding Product Offering in Brazil
EVERTEC, Inc. (NYSE: EVTC) (“Evertec”, the “Company”, “we” or “our”) today announced that the Company has closed the previously announced transaction to acquire a controlling stake in Tecnobank Tecnologia Bancária S.A.
EXCLUSIVE: “Scaling Safely – Without Debanking” – Imam Saygili, Flagright in ‘The Fintech Magazine’
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
APIs Driving Embedded Finance Innovation
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
FinScan’s AML Software Solutions Integrate with LSEG World-Check On Demand
FinScan®, an Innovative Systems solution and leading provider of advanced anti-money laundering (AML) compliance solutions, today announced integration with and support for LSEG World-Check On Demand. FinScan is one of the first LSEG partners to announce support of the solution.