Akur8 is revolutionizing insurance pricing with Transparent AI.
Akur8 developed a unique AI-based insurance pricing solution that automates modeling for insurance companies while keeping full transparency and control on the models created, as required by regulators worldwide.
Akur8 is the only solution on the market reconciling Machine Learning and Actuarial worlds - enabling customer lifetime value based price optimization.
Specifically developed for non-life insurers, Akur8’s solution enhances insurers’ pricing processes by automating risk and demand modeling, using Transparent AI proprietary technology. The core benefits for insurers include a reduction in modeling time, which will accelerate time to market, and an increase in predictive power, while keeping full transparency and control over the models created.
Akur8 developed a unique AI-based insurance pricing solution that automates modeling for insurance companies while keeping full transparency and control on the models created, as required by regulators worldwide.
Akur8 is the only solution on the market reconciling Machine Learning and Actuarial worlds - enabling customer lifetime value based price optimization.
Specifically developed for non-life insurers, Akur8’s solution enhances insurers’ pricing processes by automating risk and demand modeling, using Transparent AI proprietary technology. The core benefits for insurers include a reduction in modeling time, which will accelerate time to market, and an increase in predictive power, while keeping full transparency and control over the models created.
Location: France, Ile-de-France
Employees: 51-200
Total raised: $120M
Founded date: 2018
Investors 3
Funding Rounds 1
| Date | Series | Amount | Investors |
| 26.09.2024 | Series C | $120M | - |
Mentions in press and media 21
| Date | Title | Description |
| 17.02.2026 | Insurtech : Branch Extends Partnership with Akur8 Through Discover Adoption | A recent announcement impacting the insurance technology sector by Branch, an insurer based in Columbus, Ohio, aims to further strengthen an existing collaboration with Akur8 by integrating the latter’s Discover tool. This expansion, announ... |
| 23.11.2025 | Insurtech Akur8 Expands Operations with Madrid Office | Akur8, the insurance pricing and reserving solution powered by transparent machine learning, announced the opening of its new office in the heart of Madrid, Spain. This marks Akur8’s eighth international office, reinforcing its commitment t... |
| 22.10.2025 | Insurtech Akur8 Expands Pricing Suite with Introduction of Rate Repo and Deploy | Akur8, the insurance pricing and reserving solution powered by machine learning, recently announced the launch of Rate Repo and Deploy, two additions to the platform that aim to expand the capabilities of its pricing suite and reinforce its... |
| 24.06.2025 | Insurtech Akur8 Expands Brazil based Business Operations with Key Appointment | Listen to this article 0:00 / 1:11 1X BeyondWords Akur8, the insurance pricing and reserving solution powered by transparent machine learning, is pleased to announce the appointment of Dino Draghi as Head of Brazil, doubling down on its str... |
| 05.06.2025 | Insurtech Akur8 Platform Adopted by Frank Winston Crum Insurance to Enhance Risk Modeling | Listen to this article 0:00 / 1:22 1X BeyondWords Akur8, the insurance pricing and reserving solution, is pleased to announce that Frank Winston Crum Insurance has selected Akur8’s core platform solution to provide them with model developme... |
| 01.04.2025 | The Insurtech Surge: A New Era of Acquisitions and Innovations | The insurtech landscape is shifting. The winds of change are blowing strong. Major players are making moves, and the stakes are high. Recent acquisitions signal a transformation in how insurance operates. Companies are no longer just about ... |
| 26.03.2025 | Guidewire to acquire Quantee | Guidewire Guidewire Founded: 2001 Headquarters: San Mateo, California, United States Total Funding: $624.75M See full company profile "> is planning to acquire Quantee Quantee Founded: 2016 Headquarters: Warsaw, Mazowieckie, Poland ... |
| 26.02.2025 | Insurtech Akur8 Expands Alliance with Deloitte Canada via Licensing Agreement for Pricing, Reserving | Listen to this article 0:00 / 1:09 1X BeyondWords Akur8, the insurance pricing and reserving solution powered by machine learning is pleased to announce the expansion of their alliance with Deloitte Canada. Building on a collab since 2021, ... |
| 26.09.2024 | Akur8: Machine Learning-Powered Insurance Company Raises $120 Million (Series C) | Akur8, a machine learning-powered insurance pricing and reserving platform, announced that it had secured $120 million in series C funding, bringing the total raised investment to $180 million. This latest funding round was led by One Peak,... |
| 23.09.2024 | Insurtech Akur8 Announces Partnership with Louisiana Workers’ Compensation Corporation (LWCC) | Akur8, the insurance pricing solution powered by transparent machine learning, is excited to announce its recent collaboration with Louisiana Workers’ Compensation Corporation (LWCC), Louisiana’s largest workers’ compensation carrier, dedic... |
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