Yuzzu and Akur8 are thrilled to announce their partnership, signed in October 2020, as a key landmark to help transform Yuzzu’s pricing process.
Akur8’s solution will enable Yuzzu to automate their risk-modeling process, using transparent Artificial Intelligence proprietary technology. The core benefits for Yuzzu include a drastic reduction in modeling time which will greatly accelerate time to market, the production of much more predictive models, while keeping full transparency and control on the models created. This will enable Yuzzu’s actuarial teams to focus on the expert-driven part of the risk modeling process.
Read More: Ondot’s Card Management Platform Now Offers Digital Issuance Capability
Akur8’s cloud-based solution is fully collaborative and can function on an entirely-remote basis enabling business continuity, a key feature in these troubled times.
Yuzzu will be using Akur8 for all their lines of business, from automotive to property lines.
By using Akur8, Yuzzu will bring substantial added value to their customers, by offering even more personalized and more affordable prices, very in much in line with their customer promise to provide a simple and smooth customer journey while offering affordable policies.
Read More: GlobalFintechSeries Interview with RJ Horsley, President of SpotOn Transact, Inc
“We are thrilled to accompany Yuzzu along this new journey to empower them with a unique solution to revolutionize their pricing approach, that will allow them to model their risks in a much quicker, safer and more transparent way. As the leading direct insurer in Belgium, Yuzzu is the perfect embodiment of insurers striving to provide their customers with a smooth, simple and seamless customer journey, very much in line with what we are looking to uphold at Akur8”, says Samuel Falmagne, CEO at Akur8.
Read More: The Future of Cyber Insurance: Flexibility, Transparency & Specialization
