The Work Index by Flexa

AKUR8

Akur8 is a global insurtech company specializing in transparent machine learning and predictive analytics solutions for insurance pricing and reserving.

6.8

/10

Transparency ranking

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Description

Akur8 is an insurtech company specializing in transparent machine learning and predictive analytics for insurance pricing and reserving. They provide a cloud-based platform that empowers actuaries and pricing experts to make better decisions, faster. Their solution is designed to inject game-changing speed, performance, and reliability into insurers' processes, helping them navigate dynamic and competitive markets with unwavering confidence.

Akur8's core product is a fully integrated suite of modules, including data preparation, risk modeling, demand modeling, rate making, price optimization, and deployment. They offer a variety of solutions for different lines of business, including personal lines, commercial lines, managing general agents (MGAs), insurtechs, and health insurers. Akur8 also offers a comprehensive reserving platform, Arius, which includes both deterministic and stochastic reserving models. They have a strong global presence, with offices in Paris, New York, London, Milan, Cologne, Tokyo, and Atlanta.

Benefits

Akur8 offers competitive compensation packages for all employees including base salary, bonus, company stock options, training opportunities (including language classes), transportation and mobility support, family-friendly health plans and access to high-quality workspaces.

Mission

Akur8 is an insurtech company that leverages transparent machine learning and predictive analytics to improve insurance pricing and reserving processes for insurers worldwide. Their mission is to empower actuarial, pricing and reserving experts to make better decisions, faster by injecting game-changing speed, performance and reliability into these processes.

Automation
Data-driven
Disruptor
Healthcare
Science and research driven

Culture

Akur8 promotes a culture that values innovation, collaboration, and diversity. The company strives to disrupt the status quo in the insurance industry while remaining human-centric in its approach. They emphasize a global mindset, working without borders, and challenging themselves to adapt to unknown scenarios. Akur8 prioritizes a healthy and respectful management culture, actively recruiting diverse candidates globally and ensuring a welcoming and inclusive environment for all employees.

Agile and dynamic
Autonomous
Collaborative
Entrepreneurial
Fast-paced
People-first
Progressive
Supportive
Transparent

DE&I

Akur8 champions diversity, equity, and inclusion, believing it is essential to delivering superior value. The company fosters a culture that welcomes employees from diverse backgrounds, academically, professionally, geographically, and gender-related. This commitment is evident in the company's employee demographics, with over 30 nationalities represented and women comprising 50% of the Executive Committee and 33% of the workforce. They actively recruit diverse candidates globally and are dedicated to building an inclusive workplace where talent thrives.

Gender diverse

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