Akur8 vs ServiceNow GRC
Side-by-side comparison of AI visibility scores, market position, and capabilities
Akur8 is the leading AI actuarial pricing platform for insurers with 300 customers across 40+ countries; grew ARR 50%+ in 2025; acquired Matrisk in Jan 2026 to expand its market intelligence capabilities.
About
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.
ServiceNow (NYSE: NOW) GRC module on $10.98B platform automating risk, compliance, and audit for 200+ enterprises; native Now Platform integration competing with OneTrust for enterprise GRC in the $51B market.
About
ServiceNow GRC (Governance, Risk, and Compliance) is the integrated risk management module within the ServiceNow Now Platform — operated by ServiceNow, Inc. (NYSE: NOW), a Santa Clara, California-based enterprise workflow automation company generating $10.98 billion in subscription revenue in fiscal year 2024 (+22% year-over-year) — providing compliance officers, risk managers, and internal audit teams at large enterprises with policy management, regulatory compliance automation, enterprise risk assessments, audit management, and vendor risk management unified on the same ServiceNow platform that already runs their IT service management, HR workflows, and security operations. ServiceNow GRC serves over 200 enterprise customers and competes in the $51 billion global GRC software market projected to reach $84 billion by 2030.
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