Milliman and Akur8 Form Strategic Alliance to Bring Next Generation Pricing Capabilities to P&C Insurers, MGAs, and Start-Ups
전체 맥락을 이해하기 위해서는 본문 보기를 권장합니다.
"At Milliman, we understand the importance of bringing the best insurtech innovations to our clients in order to support them in their transformation journey," says Richard Lord, Global Practice Director for property & casualty at Milliman. "This strategic alliance enables insurers, MGAs, and start-ups to benefit from world-class actuarial services and solutions along with cutting-edge operational technology."
이 뉴스는 기업·기관·단체가 뉴스와이어를 통해 배포한 보도자료입니다.
이 글자크기로 변경됩니다.
(예시) 가장 빠른 뉴스가 있고 다양한 정보, 쌍방향 소통이 숨쉬는 다음뉴스를 만나보세요. 다음뉴스는 국내외 주요이슈와 실시간 속보, 문화생활 및 다양한 분야의 뉴스를 입체적으로 전달하고 있습니다.
PARIS & SEATTLE -- Businesswire -- Akur8, the next generation insurance pricing solution, and Milliman, a premier global consulting and actuarial firm, are pleased to announce a strategic alliance to empower property & casualty (non-life) insurance carriers, start-ups, and MGAs with next generation pricing capabilities. Together, this collaboration leapfrogs conventional ratemaking solutions to offer increased speed, accuracy, and governance in insurance pricing.
Through its unique, cloud-based platform, Akur8 leverages an innovative combination of proprietary machine learning algorithms and Transparent AI™ to automate the insurance rate modelling process, while maintaining full transparency and interpretability of the models created. Akur8 offers end-to-end ratemaking capabilities to property and casualty (non-life) insurers, MGAs, and start-ups, while adhering to Actuarial Standards of Practice. This includes a feature that produces automated state filing documentation in all 50 U.S. states, easily enabling the model support to be filed with state regulators.
“Akur8 is a breakthrough innovation in the insurance pricing software landscape. They managed to automate the data-driven part of the pricing process while enabling actuaries and pricing teams to retain complete control over it,” says Sheri Scott, a principal and consulting actuary at Milliman.
With this alliance, Milliman’s actuarial and risk expertise is paired with Akur8’s revolutionary AI-driven pricing software to transform the ratemaking and pricing process for P&C insurers globally. By offering Akur8 in conjunction with Milliman’s expertise, national and multinational P&C carriers can expect a scalable solution that includes improved end-to-end pricing efficiency, expert pricing teams, faster time-to-market, greater modeling accuracy, improved internal governance and complete compliance.
“At Milliman, we understand the importance of bringing the best insurtech innovations to our clients in order to support them in their transformation journey,” says Richard Lord, Global Practice Director for property & casualty at Milliman. “This strategic alliance enables insurers, MGAs, and start-ups to benefit from world-class actuarial services and solutions along with cutting-edge operational technology.”
“Akur8 is delighted to team up with Milliman. The combination of Akur8’s state-of-the-art platform with Milliman’s leading actuarial expertise and data solutions creates a transformative insurtech solution that will leave conventional methods behind,” says Samuel Falmagne, CEO of Akur8.
About Akur8
Akur8 is the next generation insurance pricing solution. Akur8 is transforming insurance pricing with proprietary ML algorithms that automate rate making end-to-end, up until the generation of filing packages, while preserving control and transparency throughout the process and ensuring regulatory compliance. Akur8 is the only solution on the market reconciling Machine Learning and Actuarial worlds, empowering actuaries and pricing teams to make better decisions, faster.
About Milliman
Milliman is among the world’s largest providers of actuarial and related products and services. The firm has consulting practices in healthcare, property & casualty insurance, life insurance and financial services, and employee benefits. Founded in 1947, Milliman is an independent firm with offices in major cities around the globe.
이 뉴스는 기업·기관·단체가 뉴스와이어를 통해 배포한 보도자료입니다.
출처:Akur8
보도자료 통신사 뉴스와이어(www.newswire.co.kr) 배포
Copyright © 뉴스와이어. 무단전재 및 재배포 금지.
- Alo Yoga, 방탄소년단 진 글로벌 앰배서더로 발탁… 한국 시장 확장 본격화 - 뉴스와이어
- 보조출연자-제작진 매칭 플랫폼 ‘왑’ 정식 오픈 - 뉴스와이어
- 현대자동차, 배터리 개발 기술인력 신규 채용 - 뉴스와이어
- 2024 아시아무용축전 ADF 서울, 10월 23일 대학로 마로니에 공원에서 개최 - 뉴스와이어
- 포스코인터내셔널, 주주친화정책과 디지털화를 선도하며 한국 IR대상 최우수상 수상 쾌거 - 뉴
- 메디데이터, 초기 및 후기 임상시험의 성장을 지원하는 레이브 라이트 솔루션 발표 - 뉴스와이어
- LG생활건강 에어 칫솔, 레드닷 ‘베스트 오브 베스트’ 선정 - 뉴스와이어
- 무자본 1인 출판사 창업과 수익화하기 특강 개최 - 뉴스와이어
- 북랩, 순간의 포착에 영원한 시간을 담은 그림 에세이 ‘나는 시간을 그린다 1·2’ 출간 - 뉴스와
- 삶과 죽음의 순환을 녹여낸 전시 ‘마인드붐 2024 : 발 아래 처음, 하늘 아래 마지막’ 성황리 개