Insurance analytics · Akur8
Akur8
AI-powered actuarial pricing and reserving software that lets P&C and life insurers build transparent, regulator-ready rating models faster.
Akur8 automates the model-building work of insurance pricing actuaries: its machine-learning engine generates generalized linear model-equivalent rating structures far faster than manual GLM building, while keeping the output fully transparent and auditable so it can go through regulatory filing review, unlike black-box ML models. Akur8 Pricing serves P&C and health insurers, Akur8 Reserving extends the same approach to reserve analysis, and Akur8 Life addresses life insurers and pension actuaries. It plugs into an insurer's existing rating engine and policy admin system rather than replacing them. Compared with Milliman's broad actuarial-consulting-plus-software model, Akur8 is a focused software product aimed specifically at speeding up the pricing and reserving modeling workflow itself.
At a glance
| Vendor | Akur8 |
|---|---|
| Pricing model | Quote only |
| Free tier | No |
| Deployment | Cloud |
| Open source | No |
| Best for | Pricing and reserving actuaries who want faster, filing-ready model iteration without sacrificing transparency. |
Pricing
Enterprise licensing by insurer and product line; not published.
Pricing has not been verified yet — see the vendor's site.
Features
- Automated, transparent GLM-equivalent rating model generation
- P&C and health insurance pricing (Akur8 Pricing)
- Reserve analysis for P&C insurers (Akur8 Reserving)
- Actuarial modeling for life and pension products (Akur8 Life)
- Regulator-ready, filing-compliant model documentation
- Integration with existing rating engines and policy admin systems
Integrations
Profile last reviewed September 21, 2026