LB Forsikring Partners With Akur8 to Boost Competitiveness

‍Akur8, the next generation insurance pricing solution powered by transparent machine learning, is thrilled to announce that LB Forsikring, a leading Danish P&C insurance company, has selected Akur8’s Core Platform solution to increase their competitiveness. This collaboration will allow LB Forsikring to quickly adapt their pricing to dynamic and unpredictable market situations.

Developed explicitly for insurers, Akur8’s solution enhances pricing processes by using proprietary machine-learning technology. The core benefits for P&C insurers include accelerated model building, transparent GLM outputs, and data-driven underwriting.

“We are thrilled to partner with LB Forsikring, and help boost their pricing sophistication by providing them with the tools to carry out advanced price analysis, simulations and calculations while maintaining full transparency, auditability and control in their pricing,” stated Samuel Falmagne, CEO at Akur8.

“We worked very closely with LB Forsikring to thoroughly understand their technical and business requirements. As a result, we are confident in our ability to help LB Forsikring better serve their customers and attract top talent for their pricing teams. We are looking forward to a continued and fruitful partnership,” concluded Julian Frank, Client Director at Akur8.