Improving the price process with AI

Specifically developed for insurance companies, Akur8's solution enhances their pricing process by automating risk and demand modeling, using a technology powered by artificial intelligence.

"We are delighted to be opening this new chapter with La Mondiale,” Samuel Falmagne, Chief Executive Officer (CEO) of Akur8 said. “This move underlines their innovative spirit and ability to adapt constantly in order to serve their clients better, while putting digital transformation at the heart of their plans.”

Building a presence in France and beyond
Brune de Linares, Chief of Sales at Akur8, added that the collaboration highlights that the solution is relevant for health insurance and reinforces the company’s presence in France: “We are constantly seeking to provide better support to our policyholders in an environment that calls for ever more agility and adaptability.”

Founded in 2018, Akur8 automates the generation of pricing models, allowing actuaries to have control over the process and has clients in Europe, Asia and The Americas.

Just this week, new guidance from the World Health Organization (WHO) found that AI has great potential for improving international healthcare, but ethics and human rights must also be taken into consideration.

In its latest report, Ethics and governance of artificial intelligence for health, experts look at how AI can improve diagnosis and screening for diseases and how it can be best used to minimise risk. WHO says governments, providers and designers must work together to address ethics and human rights concerns at every stage of AI technology’s design.