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Akur8 ReservingAKUR8

Modernize insurance reserving with Akur8’s automated, transparent, and customizable actuarial analysis platform.

Vendor

Vendor

AKUR8

Company Website

Company Website

Product details

The Complete Insurance Reserving Platform for Modern Actuaries

Akur8 Reserving modernizes the reserve analysis process, adding efficiency and reliability throughout. Replace risky spreadsheet-based analysis with advanced stochastic modeling and robust deterministic solutions.

Modern technology

  • Add reliability and efficiency to your reserve analysis; eliminate reliance on old-fashioned spreadsheets
  • Get exactly the reporting you need, including easily customized reports and exhibits. You design them, and the system will manage them for you

- Deterministic calculations happen in real time, and simulations run hundreds of times faster than in spreadsheet models

Ease of use

  • Experience a seamless implementation process, and get started with Akur8 Reserving in hours, not weeks
  • Configure Akur8 Reserving to work exactly how you want to work, with its intuitive, customizable, and user-friendly interface
  • Easily parameterize very sophisticated models

Track record / expertise

  • Leverage our industry-leading team of actuaries, industry experts, and engineers
  • We will assist you from basic training to a complete redesign of your reserving process

Features

  • Advanced Modeling: Combines stochastic simulations and deterministic calculations for robust reserve estimates.
  • Custom Reporting: Easily design and automate exhibits tailored to your team’s needs and regulatory standards.
  • Workflow Flexibility: Configure workflows to match current practices or implement new best-practice models.
  • Real-Time Performance: Run simulations and calculations hundreds of times faster than spreadsheets.
  • Audit-Ready Transparency: Ensure compliance with fully traceable, tested, and documented processes.
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