PARIS AND SINGAPORE – Akur8 is excited to announce the Silver Sponsorship of InsureTech Connect Asia (ITC) 2022, the largest gathering of insurance leaders and innovators in the region, to be held from June 7 to June 7, the next generation insurance price solution powered by Transparent AI. 9 in Singapore.
Designed specifically for insurers, Akur8’s solution enhances their pricing process by automating the rate-making process using transparent artificial intelligence proprietary technology. Key benefits for insurers include enhanced predictive performance and speed-to-accuracy for greater market response and immediate business impact, while maintaining complete transparency and control over the models created.
30,000 industry experts and more than 100 C-level speakers will gather at the ITC Asia event to discuss the latest trends and innovations in the insurance and insuretech ecosystem. On June 8, Akur8 will participate in a panel discussion with esteemed customers and partners AXA Direct Japan and Munich Re. SATO Kenichi (CTO of AXA Direct Japan), Thibault IMBERT (Senior Insurance Solutions Manager at Munich Re) and Samuel FALMAGNE (CEO at Akur8) will discuss the future of insurance pricing and the impact of new technologies and regulations on the insurance industry.
“As a fast-growing international insuretech, we are proud to sponsor the largest insuretech event in Asia. I am especially honored to be able to discuss the future of insurance pricing with such outstanding customers and partners! Akur8 is honored for contributing to the thought leadership initiative for the insurance value expert community, and I look forward to sharing insights with the ITC Asia audience. ” Said Samuel Falmagne, CEO of Akur 8.
“APAC is a priority area for us. We’ve been actively expanding our local footprint in recent months. Sponsoring the largest gathering of Asian technology entrepreneurs, investors and insurance industry leaders is a normal next step for Akur8, signaling our commitment to the region. We look forward to meeting the insurance pricing team and innovative professionals at our booth. ” Added Brun de Linares, Chief Customer Officer of Acur 7.
Akur8 is revolutionizing insurance pricing with transparent AI, enhancing insurers’ pricing capabilities with unprecedented speed and accuracy throughout the pricing process without compromising auditability or control.
Our modular pricing platform automates technical and commercial premium modeling. This gives insurers the ability to calculate rates that are consistent with their business strategy and accurately affect their business while maintaining complete control over the models created by regulators worldwide. With Akur8, the time spent on modeling is reduced by 10x, the predictability of models increases by 10% and the probability of improvement of loss ratio increases by 2-4%.
Akur8 already serves 45+ customers in 20+ countries, including AXA, Generali and Munich Re; Special Insurers Canopies and Tokyo Marine Killers; insurtechs Wakam and wefox; And mutual insurer Matmut. 700 Aquarius uses Akur8 every day to model their pricing across all lines of business.
See the source version at businesswire.com: https://www.businesswire.com/news/home/20220524005001/en/
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