Company Overview
About Akur8
Akur8 is a Paris-based insurtech company that provides AI-powered pricing and reserving software for non-life insurance companies. Founded with the goal of bringing transparent machine learning to insurance actuaries, Akur8''s platform enables underwriters to build pricing models faster, more accurately, and with full auditability — a key differentiator in a heavily regulated industry where black-box ML cannot be deployed. Its proprietary Transparent Machine Learning (TML) approach makes the model logic explainable to actuaries and regulators alike.
Business Model & Competitive Advantage
Akur8 serves 300 customers across more than 40 countries, including personal lines insurers, commercial lines carriers, and health insurance companies. Over 3,000 actuaries use the platform daily. The company grew annual recurring revenue by more than 50% in 2025 and welcomed more than 50 new clients, including over 25 new logos in North America. In January 2026, Akur8 acquired Matrisk, an AI platform that extracts structured market intelligence from regulatory filings, and is integrating its capabilities into a new product called Akur8 Discover.
Competitive Landscape 2025–2026
Akur8''s suite covers rate-making, reserving, and pricing operations management. Recent product additions include Rate Repo and Rate Deploy, which help insurers version, store, and operationalize pricing models. Clients include Spain''s Occident, Branch Insurance, and insurers across Europe, North America, and Asia-Pacific. Akur8 competes with Willis Towers Watson''s Radar, Earnix, and in-house actuarial modeling tools.
Key Differentiators
Market Leader
Akur8 is recognized as a market leader in the Insurance & Risk sector, demonstrating strong industry presence and customer trust.
Frequently Asked Questions
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