AKUR8 and Wüstenrot Gruppe have announced a new collaboration aimed at enhancing Wüstenrot’s pricing capabilities in Austria.
The partnership introduces a cutting-edge risk modeling and rate-making platform, designed to serve all lines of business.
Tailored exclusively for insurance companies, Akur8’s solution empowers pricing teams to make swifter, more informed decisions. It achieves this by automating risk modeling through transparent Artificial Intelligence technology developed in-house. The primary advantage for insurers is an accelerated path to accuracy, all the while maintaining complete transparency and control over the generated models.
“I am proud to announce that we at Akur8 have reached a new milestone by starting a collaboration with Wüstenrot in Austria. We are really looking forward to working with the insurer as this partnership will be essential for our development in the DACH market,” said Samuel Falmagne, CEO at Akur8 (pictured).
Florian Nuding, Head of Pricing at Wüstenrot, explained: “At Wüstenrot, we were impressed with the efficiency of Akur8’s platform. We firmly believe that leveraging Akur8’s RISK and RATE modules will allow us to run more models across all lines of business, and consequently improve our pricing process and predictive performance.”
Nuding added: “Having a platform that enables our teams to work closely together was also essential. The Akur8 modules were a perfect match for what we were looking for, and we’re delighted to be working with Akur8 over the coming years.”
