Akur8 Has Been Selected by RSM to Bolster Their Insurance Pricing Process

Akur8, the next generation insurance pricing and reserving solution powered by Transparent AI, is excited to announce its new collaboration with RSM US LLP (« RSM »), the leading provider of assurance, tax and consulting services for the middle market. RSM has used Akur8’s Reserving solution for several years and will now leverage Akur8’s Pricing solution (RISK, DEMAND and RATE modules) to provide enhanced actuarial services to its clients. This new achievement strengthens Akur8’s position as the global leader of a groundbreaking Pricing and Reserving platform worldwide.

Specifically developed for insurers, Akur8’s pricing solution empowers pricing teams to make better decisions faster, by automating risk modeling using proprietary transparent machine learning technology. The core benefits for insurers include increased predictive performance and speed-to-accuracy for higher market reactivity and immediate business impact, while maintaining full transparency and control of the models created.

RSM’s arrangement with Akur8 demonstrates their continued dedication to redefining innovation through seamless, data-driven, scalable digital solutions and experiences for their clients, people and the firm.  

“This agreement with RSM is a significant milestone for Akur8 as we continue to expand our presence in Canada and North America. We are excited to bring our innovative pricing and reserving solutions to a broader market, helping insurers enhance their accuracy, speed, and transparency. With our recent acquisition of Arius, we are better positioned than ever to offer a full suite of advanced capabilities that will revolutionize how insurance companies approach pricing and reserving,” said Samuel Falmagne, CEO at Akur8. 

“This collaboration with Akur8 marks another step in RSM’s commitment to advancing digital transformation and delivering cutting-edge solutions to clients across the industries we serve. We are excited to work with Akur8 as their innovative platform will be transformative for our clients, helping them remain competitive in a rapidly evolving market,” said David Mamane, partner and actuarial leader with RSM Canada.