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Akur8 launches Rate Repo and Deploy to unify actuarial pricing and deployment

Akur8 launches Rate Repo and Deploy to unify actuarial pricing and deployment

Akur8, an insurtech provider of advanced insurance pricing and reserving solutions using transparent machine-learning technology, has rolled out two new tools, Rate Repo and Deploy, pushing its actuarial platform deeper into end-to-end territory.

The additions strengthen the French InsurTech’s claim as the only unified pricing and reserving system designed to deliver transparency, governance, and speed across the full actuarial workflow.

The timing reflects a clear industry demand. Rate management is growing more complex, with insurers facing rising pressure to control compliance, streamline processes, and connect actuarial work directly to strategic decisions.

Akur8’s pitch is to give actuaries a single source of truth and a seamless path from model creation straight into production.

Rate Repo serves as a centralised, regulatory-ready rate repository. It allows actuaries to manage Rate Order Calculations across multiple jurisdictions in one place, making rates auditable, accurate, and aligned with both compliance and business objectives.

Deploy complements it as a cloud-based pricing engine capable of importing plans in minutes, deploying them in seconds, and returning quotes in milliseconds.

For insurers, that translates into the ability to operationalise strategies faster and with more confidence.

The two modules link directly with Akur8’s core suite — Data, Risk, Demand, and Rate — extending the platform into a fully unified pipeline from model build to live deployment.

Each tool includes built-in version control, simulations, and audit trails, ensuring transparency for regulators and reducing operational risk. Manual steps vanish, speed to market accelerates, and underwriters gain consistency across every pricing decision.

CEO Samuel Falmagne called the launch a defining milestone for the company, framing the platform as an industry-first environment where actuaries can combine speed and governance without compromise. He stressed that each component is designed to deliver value on its own but integrates seamlessly into a broader workflow.

The launch of Rate Repo and Deploy is a defining milestone in Akur8’s journey to transform insurance pricing. We are delivering a unified platform for actuaries — one that combines speed, transparency, and governance across the entire pricing and reserving lifecycle.

Samuel Falmagne, Akur8 CEO

“Every component of the platform is best-in-class, designed to deliver maximum value on its own while integrating seamlessly with the rest. This expansion underscores our commitment to providing next-generation, end-to-end actuarial solutions that elevate both business performance and strategic decision making,” Samuel Falmagne said.

Chief client officer Brune de Linares highlighted the customer demand behind the move. Clients want more than model-building software; they want collaboration tools, governance structures, and operational deployment that ties actuarial work directly to strategy.

Rate Repo and Deploy, she said, meet those needs while being backed by live actuarial support from Akur8’s team, ensuring adoption and outcomes match the technology.

Rate Repo provides a single source of truth for rate management, and Deploy enables real-time, operational deployment, giving insurers the speed and confidence to bring their strategies to life.

“And because we know adoption and outcomes matter just as much as technology, we back our platform with an unmatched user experience — including our live actuarial team, available on demand to support clients whenever needed. Together, we’re setting a new standard for end-to-end actuarial excellence,” Brune de Linares said.

With this expansion, Akur8 positions itself not just as a pricing tool vendor but as a standard-setter for next-generation actuarial platforms, offering insurers the control and speed they’ve been missing in legacy approaches.

In December 2024, Akur8 has sequred $120 mn in Series C funding, bringing its total investment to $180 mn and its valuation to $400mn, led by One Peak with Partners Group and Guidewire Software, reflects rising demand for advanced actuarial tech in the insurance industry.

The funding will support global expansion, especially in North America. Akur8 already has a strong presence in the UK, Germany, and the US and aims to strengthen its reach.

Founded in 2018, Akur8 has created a machine learning algorithm that automates insurers’ risk modelling, cutting down the time needed for pricing and reserving.

Its platform uses transparent AI to speed up and improve pricing accuracy while keeping models fully auditable and controlled. This has attracted insurers aiming to refine pricing in a competitive market.

Akur8’s core product merges machine learning with actuarial expertise to automate pricing. Its transparency sets it apart, a key requirement for regulatory compliance.