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Insurance Pricing Solution by Akur8: Risk Modelling Future?
Promutuel Assurance, a renowned mutual insurance company in Québec, has entered into a significant partnership with Akur8. Leveraging Akur8’s cutting-edge pricing platform, Promutuel aims to enhance its risk and rate modeling process.
Katherine Jacques, VP of Actuarial and Business Intelligence at Promutuel Assurance, expressed her optimism about the collaboration. “As a mutual insurance company, our goal is always to protect what Quebecers hold dearest. Partnering with Akur8 for pricing is key to providing accurate and transparent pricing to our policyholders,” she stated.
Akur8’s transparent machine learning technology boosts insurance pricing, facilitating insurers with faster, accurate, and audit-friendly pricing processes. The partnership marks Akur8’s entrance into the Canadian insurance market, emphasizing the universal applicability of their solution.
Samuel Falmagne, CEO of Akur8, welcomed the collaboration with enthusiasm. “We are thrilled to begin our new partnership with Promutuel Assurance, a leading insurer in Quebec, and Akur8’s first insurance customer in Canada,” he said.
Brune de Linares, Chief Client Officer at Akur8, mirrored this sentiment. She conveyed, “This new collaboration with Promutuel is a milestone for Akur8. We look forward to building a long-lasting relationship with Promutuel Assurance and helping them offer the best protection and prices to its policyholders.”
Promutuel Assurance’s commitment to providing outstanding service aligns with Akur8’s innovation-driven approach, making this partnership a promising step towards advanced insurance pricing.
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