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Akur8 Secures $120 Million in Series C Round to Accelerate Growth of its Next Generation Actuarial Platform

Akur8 Secures $120 Million in Series C Round to Accelerate Growth of its Next Generation Actuarial Platform

PARIS and LONDON and NEW YORK, Sept. 16, 2024 (Korea Bizwire) – Akur8, the machine learning-powered insurance pricing and reserving platform, announced today that it has secured $120 million in series C funding, bringing its total raised investment to $180 million. This latest funding round was led by One Peak, a leading growth equity firm [...]

Akur8 Expands Core Capabilities with Strategic Acquisition of Arius® Reserving Solution

Akur8 Expands Core Capabilities with Strategic Acquisition of Arius® Reserving Solution

Bringing the Best Reserving Solution In-House for Unmatched Innovation PARIS, NEW YORK and ATLANTA, Sept. 09, 2024 (Korea Bizwire) – Akur8, the next generation insurance pricing solution powered by transparent machine learning, is thrilled to announce its acquisition of Arius®, an award-winning P&C reserving software for insurers and reinsurers, known for its innovative tools and [...]

Akur8 and Xceedance Announce Strategic Partnership

Akur8 and Xceedance Announce Strategic Partnership

PARIS and BOSTON, Feb. 9 (Korea Bizwire) – Akur8 and Xceedance today announced a strategic partnership to deliver best-in-class actuarial and analytics solutions to insurance organizations. The partnership between Xceedance and Akur8 provides an opportunity for insurers to gather extensive insights from internal or external data sources, enrich rate-making processes, and gain access to advanced actuarial expertise. By leveraging [...]