Akur8

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

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

• Insurance pricing software
• Actuarial modeling platform
• Insurance reserving solutions
• Predictive analytics insurance
• Machine learning actuaries

Headquarters

HQ city

Paris

HQ country

France

HQ region

Europe

Offices8 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Operations

Revenue model

1. 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

Go-to-market motion3 records

Distribution channels3 records

Marketing channels9 records

Core 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

Named customers9 records

Segments6 records

Ideal customer profiles6 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability7 records

Feature7 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• RSM US LLPcoreChannel Partner/ Reseller/ Distributor · 10 March 2026RSM 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.minorOthers · 9 September 2024Acquired Arius P&C reserving software from Milliman, expanding Akur8's product portfolio and customer base in the US and Canada.
• VeriskcoreStrategic or Co-development PartnerAkur8 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)coreTechnology or IntegrationAWS 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 AzurecoreTechnology or IntegrationAzure 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.
• GreenlyminorOthersEnvironmental assessment partner conducting annual GHG assessments following official methodology of the French Ministry of Ecological Transition and ADEME (Bilan Carbone).
• WeWorkminorOthersOffice 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

Direct 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

• LinkedInlinkedin.com/company/akur8

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries3 records

Funding overview

Funding rounds5 records

Investors7 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Akur8