
Akur8 is transforming the non-life insurance industry with its innovative suite of pricing and reserving solutions. Our Next Gen Pricing and Reserving Platform combines cutting-edge technology with actuarial excellence to drive business value, bringing speed, performance, transparency, and reliability to insurers of all sizes. Akur8 serves 300 customers across 40+ countries, including AXA, Generali, Munich Re, MAPFRE, HDI, Tokio Marine, and MS&AD. Over 3000 actuaries use Akur8 daily to build their pricing models and reserving projections across all lines of business.

Akur8 is transforming the non-life insurance industry with its innovative suite of pricing and reserving solutions. Our Next Gen Pricing and Reserving Platform combines cutting-edge technology with actuarial excellence to drive business value, bringing speed, performance, transparency, and reliability to insurers of all sizes. Akur8 serves 300 customers across 40+ countries, including AXA, Generali, Munich Re, MAPFRE, HDI, Tokio Marine, and MS&AD. Over 3000 actuaries use Akur8 daily to build their pricing models and reserving projections across all lines of business.
What they do: Transparent ML pricing and reserving platform for non-life insurers
Founded: 2018
Scale: Serves ~300 insurers across 40+ countries; 200+ employees
Recent funding: $120M Series C (Sept 2024); total funding reported ~$180M
Insurance pricing and reserving for non-life insurance
2018
Insurance
€8M (~$8.9M)
$30M
Brought total funding to ~$42M
$25M
Brought total funding to $60M+ at the time
$120M
Reported total funding reached $180M
“Guidewire has taken a strategic equity stake (strategic investor participation reported)”
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Akur8 is a young, dynamic, fast growing Insurtech scale-up that is transforming insurance pricing and reserving with transparent machine learning. Our SaaS platform leverages the power of transparent machine learning and predictive analytics to inject game-changing speed, performance and reliability into insurers’ pricing and reserving processes.
Powered by skilled R&D, Product & Actuarial teams we’ve developed unique AI algorithms that automate the insurance pricing and reserving in an unprecedented manner.
This results in a pricing solution that enables insurance companies to model risks 10 times faster with greater predictive power than traditional methods, whilst including next-generation reserving features, offering an end-to-end platform that anticipates and accounts for future claims.
Akur8 Has Already Been Selected
With 42 nationalities on our team and offices in 8 major global cities, Akur8’s solution is international by design, serving over 320 clients across 4 continents, and focusing on mature markets to drive faster growth.
To learn more about Akur8, and what we do, click here.
Akur8 is, in all senses of the term, an equal opportunities employer. Akur8 puts diversity, equality and inclusion at the heart of its values. We examine all applications based on equal skills and applying the principles of non-discrimination. Our Engineering team is building the next generation of insurance pricing software, following an ambitious development roadmap. We’re looking for a Software Engineer for a 6-month internship (end of studies), who has a strong interest in cloud-computing and AI to help build our complex data-processing solution.
As part of our Engineering team you will contribute to introduce new AI capabilities to our rate making module; to the implementation of the design interface and user flows; and to the architecture of our databases and of the interactions with the cloud.
You'll Join a Motivated Team, Willing To Share Their Knowledge And Passion For Advanced Computer Science And Software Development, Where Your Typical Missions Will Be
Continue With Implementation- Execute an E2E PoC to use advanced AI:
We Are Looking For Innovative And Rigorous Contributor From Engineering Schools And Universities In The Field Of Computer Science And Applied Mathematics, Possessing The Following Attributes
Additional, non-essential, elements that may make your profile stand out include:
Technology Stack
You'll Join a Highly Skilled And Motivated Team That Is Willing To Share Their Knowledge And Passion For Advanced Data Science, Computer Science And Actuarial Sciences. In Addition To This We Provide