Tokio Marine HCC partners with Akur8

Insurance pricing solution provider Akur8 announced that Tokio Marine HCC will use its pricing platform.

Akur8’s solution enhances pricing processes by using “proprietary machine-learning” technology. The core benefits for the P&C insurance marketplace include accelerated model building, transparent GLM outputs, and data-driven underwriting.

“Collaborating with Tokio Marine HCC exemplifies the power of our pricing platform to support insurance specialty groups with deep technical and analytical business expertise. We are proud to work with a company that focuses on providing tailored underwriting and the highest quality risk management.” – Samuel Falmagne, CEO at Akur8.

“Akur8’s solution empowers our pricing team to build a more streamlined process with strong model governance and intuitive visualizations. Through the utilization of these advanced features, we are able to put into production some of our more mature model implementations, resulting in increased efficiency. We are leveraging Akur8’s software to modernize our pricing procedures, simplify rate plan changes, and gain better insights.” – Mario DiCaro, VP, Capital Modeling & Analytics at Tokio Marine HCC.