Press release content from Business Wire. The AP news staff was not involved in its creation.
AXA Spain Chooses Akur8 to Transform Their Insurance Pricing Process
February 18, 2021 GMT
PARIS (BUSINESS WIRE) Feb 18, 2021
Akur8, an Artificial Intelligence-based technological solution, and AXA Spain forge a partnership to contribute to the enhancement of AXA Spain’s pricing process. This deal marks the first partnership of Akur8 in Spain, one of Europe’s most competitive insurance markets, and the pursuit of Akur8’s expansion in Europe, with 6 countries of presence to date.
ADVERTISEMENT
Specifically developed for insurers, Akur8’s solution enhances their pricing processes by automating risk and demand modeling, using transparent Artificial Intelligence proprietary technology. The core benefit for insurers is greater speed-to-accuracy, while maintaining full transparency and control on the models created.