Akur8
- Company typePrivate
- Founded2018
- HeadquartersParis, France
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
Akur8 firmographics
Firmographics- Name
- Akur8
- Legal name
- Akur8 SAS
- Website
- https://akur8.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
Akur8 industry classification
Industry- Product category
- Insurtech Software
- NAICS
- Computer Systems Design Services (541512), Custom Computer Programming Services (541511)
- SIC
- Services-Computer Integrated Systems Design (7373)
- akta.pro primary industry
- Data, Analytics & AI for Insurance (Risk, Pricing, Personalization) (FSAGAGAE)
- akta.pro secondary industries
- Policy Administration, Underwriting & Rating Platforms (Core Insurance SaaS) (FSAGAGAB), Model Risk Management & AI Governance (validation, monitoring, explainability) (FSAGAFAL)
Keywords
Where Akur8 is headquartered
LocationHeadquarters
- HQ city
- Paris
- HQ country
- France
- HQ region
- Europe
Offices8 records
Markets served
Akur8 business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Operations
Revenue model
- SaaS Subscription (Premium Volume-Based): Subscription-based pricing model where fees depend on the volume of insurance premiums being modeled on the platform. Includes unlimited user access, regular updates, infrastructure, ongoing actuarial data scientist support, and technical governance. No per-user licensing.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Volume-based SaaS subscription |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels9 records
Akur8 product offering
Product offeringCore offering
Akur8 provides a cloud-native, AI-first actuarial platform for insurance companies that automates pricing, reserving, and life insurance modeling using transparent machine learning algorithms. The platform offers end-to-end modules covering risk modeling, demand modeling, rate-making, optimization, real-time deployment, and regulatory filings intelligence for P&C, health, life, MGAs, insurtechs, and reinsurers. It replaces manual, Excel-based actuarial workflows with auditable AI-driven modeling that delivers 10x faster time-to-market and 10% higher predictive power.
Product overview
Akur8 is a Global Actuarial AI Platform offering a unified platform-plus-modules architecture for insurance pricing, reserving, and actuarial modeling across property & casualty, life & annuity, and health insurance. The core offering consists of three main platforms: Akur8 Pricing (AI-first pricing software automating GLMs/GBMs), Akur8 Reserving (cloud-based P&C reserving including Arius and Arius Enterprise), and Akur8 Life (actuarial modeling for life insurers via Slope Software). These are complemented by specialized modules including Akur8 Discover (AI-powered regulatory filings intelligence), Deploy (real-time rating engine), Rate Repo (centralized rating management), Optim (price optimization), and Triangles on Demand (claims data analysis). The platform serves 350+ insurers globally across personal lines, commercial lines, MGAs, insurtechs, and health insurers.
Differentiator
Problem solved
Functional benefit
Brands
- Akur8 Life: Life and annuity actuarial modeling platform, formerly Slope Software, serving life insurers and pension firms with actuarial modeling tools for projections and cash-flow modeling.
- Akur8 Discover
- Arius
- Arius Enterprise
Products and services
- Akur8 Pricing Platform AI-first insurance pricing software for P&C insurers that automates GLM/GBM modeling, variable selection, and rate optimization to accelerate time-to-market by 10x while maintaining full transparency and auditability. Designed for insurers needing automated variable groupings, variable selection, interactions, and geo-modeling with proprietary algorithms.
- Akur8 Reserving Platform Complete insurance reserving software for P&C insurers that modernizes reserve analysis with deterministic and stochastic reserving methods, automated workflows, and cloud-based collaboration. Modernizes reserve analysis for property and casualty insurers.
- Akur8 Life Actuarial modeling software for life insurers and pension firms, formerly Slope Software. Provides complete visibility across the modeling lifecycle from initial assumptions to resulting outputs, streamlining workflows and ensuring transparency and control with projections and cash-flow modeling capabilities.
- Arius P&C reserving software for medium to large property and casualty insurance and reinsurance companies that provides stochastic and deterministic reserving tools, customizable workflows, and automated actuarial analysis.
- Arius Enterprise Cloud-based actuarial reserving software built on Microsoft Azure that automates reserve analysis, provides advanced machine learning capabilities, and includes built-in governance controls and Microsoft Power BI integration for sophisticated insurance organizations.
- Akur8 Discover AI-powered module that converts unstructured regulatory filings from SERFF and state insurance departments into searchable, actionable intelligence. Uses LLM-based insights to enable insurers to benchmark rating strategies, track regulatory developments, and accelerate filing cycles.
- Akur8 Deploy Real-time pricing engine that enables insurers to import rate plans in minutes, deploy in seconds, and quote in milliseconds. Provides seamless integration with policy admin systems via real-time API, with built-in A/B testing, simulations, version control, and audit trails.
- Akur8 Rate Repo Centralized source of truth for insurance rating that enables intuitive capture of Rate Order of Calculations (RoCs) in matrix format. Provides version control, simulation capabilities, and regulatory-ready documentation with transparent step-by-step structures.
- Akur8 Optim Insurance price optimization module that automatically finds optimal rates to meet business objectives. Combines risk and demand models with guided exploration of efficient frontiers for individual or ratebook optimization toward written premium or margin targets.
- Triangles on Demand Claims data analysis tool that instantly transforms millions of insurance claims records into actuarial triangles. Built on Azure cloud platform with no SQL knowledge required, enabling actuaries to query and segment data without technical dependencies.
Quantifiable outcome
- 10x faster time-to-market (months reduced to days)
- +5 more outcomes
Companies that use Akur8
Customer profileNamed customers9 records
Segments6 records
Ideal customer profiles6 records
Akur8 technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
AI capability7 records
Feature7 records
Akur8 partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core and minor.
- RSM US LLPcoreRSM adopted Akur8 Discover platform across its North American operations to support regulatory and actuarial services for insurance and financial services clients. The platform enables RSM to benchmark competitor filings, monitor rate movements, and analyze market trends across all 50 states. Builds on initial deployment launched in November 2025.
- Milliman, Inc.minorAcquired Arius P&C reserving software from Milliman, expanding Akur8's product portfolio and customer base in the US and Canada.
- VeriskcoreAkur8 joined Verisk's Strategic Alliance Partner Network to support ISO Electronic Rating Content, enabling integration with Verisk's industry-standard rating content.
- AWS (Amazon Web Services)coreAWS serves as Akur8's primary cloud computing service provider, offering enterprise-grade security infrastructure including SOC 2 Type II, ISO 27001, ISO 27017, ISO 27018, PCI-DSS, and FedRAMP compliance.
- Microsoft AzurecoreAzure Machine Learning powers advanced ML capabilities in Akur8 Reserving (Arius Enterprise). Developed in collaboration with Microsoft's Azure Machine Learning technology and data science teams for stochastic reserve modeling.
- GreenlyminorEnvironmental assessment partner conducting annual GHG assessments following official methodology of the French Ministry of Ecological Transition and ADEME (Bilan Carbone).
- WeWorkminorOffice space provider across all Akur8 locations. WeWork supplies renewable electricity across its building portfolio, enabling Akur8 to achieve 100% renewable electricity coverage across all Group offices by January 2027.
Scale indicators8 records
Recent moves7 records
Expansion highlights6 records
Akur8 competitors and assessment
Company assessmentDirect peers
- Earnix: Earnix is a direct competitor in AI-driven insurance pricing and price optimization. Both vendors target P&C and health carriers with rating engines, demand modeling, and rate-optimization capabilities aimed at accelerating insurer time-to-market.
- Milliman: Milliman is a global actuarial consulting firm that develops and licenses insurance analytics software, including the Arius reserving product Akur8 acquired in 2024. Milliman competes head-on with Akur8 in P&C reserving and actuarial modeling, and remains a benchmark for actuarial consulting-led software.
- Willis Towers Watson (WTW): WTW is a major actuarial and insurance software vendor offering pricing, reserving, and risk analytics tools across P&C and life. It competes with Akur8 across the same insurer buying centers and bundles actuarial software with consulting services.
- Verisk: Verisk is an insurance analytics leader that, through its Strategic Alliance Partner Network (which Akur8 recently joined), competes in rating content, ISO Electronic Rating Content, and analytics for P&C insurers. Verisk is also a data and benchmarking incumbent for many of Akur8's customers.
Broad incumbents
- Guidewire Software: Guidewire is the dominant P&C core systems vendor (PolicyCenter, BillingCenter, ClaimCenter) and a Series C investor in Akur8. Its core platforms are adjacent rather than directly overlapping with Akur8 today, but Guidewire is actively embedding AI into its stack and could expand into pricing analytics.
- Duck Creek Technologies: Duck Creek is a SaaS insurance core systems provider for P&C carriers, offering rating, underwriting, billing, and claims. It overlaps with Akur8 in the rating engine layer and serves many of the same mid-market and enterprise P&C insurers.
- Sapiens International: Sapiens provides insurance software platforms for life, P&C, and reinsurance, including policy administration, underwriting, and rating components. It serves as a broader-suite incumbent whose pricing/rating functionality is comparable to Akur8's core platform.
- EXL Service: EXL is an analytics and digital services firm with deep insurance practice areas spanning actuarial, claims, and underwriting analytics. It competes with Akur8 for insurance analytics budgets and increasingly offers proprietary AI-driven platforms for pricing and reserving.
Emerging players
- Cytora: Cytora applies AI to commercial insurance underwriting and risk processing. While its primary focus is underwriting rather than pricing, it targets similar P&C insurers and represents a new wave of AI-native insurtechs encroaching on Akur8's buyer base.
- Gradient AI: Gradient AI provides AI-driven underwriting, claims, and risk analytics for insurance. It overlaps with Akur8's predictive modeling and analytics capabilities while serving a partially adjacent buyer (underwriters and claims teams) within the same insurers.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Akur8 social profiles
Digital presenceAkur8 compliance and trust
Trust signalCompliance7 records
Akur8 financial estimates
Financial estimateRevenue estimate
Valuation estimate
Akur8 leadership team
Management profileNumber of profiles
Profiles8 records
Akur8 subsidiaries and ownership
Company hierarchySubsidiaries3 records
Akur8 funding detail
Funding detailFunding overview
Funding rounds5 records
Investors7 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Akur8 M&A and investment
M&A and investmentM&A3 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Akur8
What does Akur8 do?
Akur8 provides a cloud-native, AI-first actuarial platform for insurance companies that automates pricing, reserving, and life insurance modeling using transparent machine learning algorithms. The platform offers end-to-end modules covering risk modeling, demand modeling, rate-making, optimization, real-time deployment, and regulatory filings intelligence for P&C, health, life, MGAs, insurtechs, and reinsurers. It replaces manual, Excel-based actuarial workflows with auditable AI-driven modeling that delivers 10x faster time-to-market and 10% higher predictive power.
Is Akur8 a public or private company?
Akur8 is a private company. It is classified as venture growth investor backed and is currently operating.
When was Akur8 founded?
Akur8 was founded in 2018. It employs 101 to 250 people.
Where is Akur8 based?
Akur8 is headquartered in Paris, France, in the Europe region.
How does Akur8 make money?
One revenue line is on record: saaS Subscription (Premium Volume-Based).
Who are Akur8's main competitors?
Direct peers on record are Earnix, Milliman, Willis Towers Watson (WTW) and Verisk. Broad incumbents are Guidewire Software, Duck Creek Technologies, Sapiens International and EXL Service. Emerging players are Cytora and Gradient AI.
Does Akur8 have an API?
Yes. Akur8 offers a real-time API that enables insurers to deploy pricing models into live production. The API allows seamless integration with any policy admin system, supporting quote generation in milliseconds. Deploy enables import of rate plans in minutes and deployment in seconds, with full audit trails and version control for regulatory compliance.
What industry is Akur8 in?
Akur8's product category is Insurtech Software. Its primary akta.pro industry code is FSAGAGAE, Data, Analytics & AI for Insurance (Risk, Pricing, Personalization), with a secondary code of FSAGAGAB, Policy Administration, Underwriting & Rating Platforms (Core Insurance SaaS). Its NAICS code is 541512 and its SIC code is 7373.