Akur8 acquires Arius®, expanding insurance pricing and reserving platform
09/09/24, 1:52 PM
Location
paris
seattleIndustry
insurtech
insurance
machine learning
consulting
Akur8, a next generation insurance pricing solution, has acquired Arius®, an award-winning P&C reserving software for insurers and reinsurers, expanding Akur8’s product portfolio. This acquisition strengthens Akur8’s market standing, introduces an innovative actuarial platform for insurance carriers, and reinforces the relationship with Milliman. The ultimate vision is to create a fully integrated, next generation pricing and reserving platform that redefines actuarial best practices.
Company Info
Location
Paris, Ile De France, France
Company info
Arius® is an award-winning P&C reserving software for insurers and reinsurers, known for its innovative tools and methodologies that help insurers manage risk and improve financial performance. Its portfolio includes 150 insurance and consulting clients and over 1,500 users, with a strong foothold in the U.S. and Canada markets, serving top-tier carriers. Acquired from Milliman, Inc., Arius® offers comprehensive reserving capabilities and is a trusted partner for insurers.