Akur8, the next generation insurance pricing and reserving solution, is thrilled to announce that Frank Winston Crum Insurance has selected Akur8’s core platform solution to provide them with fast model development, explainable insights, and accurate financial impact forecasting for both pricing and reserving processes.

For over 20 years, Frank Winston Crum Insurance (FWCI) has been a trusted partner for businesses seeking reliable workers’ compensation and general liability coverage. With a strong financial foundation and a dedication to long-term stability, Frank Winston Crum Insurance continues to expand its reach, helping small and mid-sized businesses succeed while staying true to its core values.

By incorporating Akur8’s core platform solution, Frank Winston Crum can enhance its modelling, pricing, and reserving processes, ensuring its customers receive reliable and affordable insurance coverage.

“Akur8’s platform will support our efforts to drive profitable growth through deeper insights into our experience and more control over our models. Bringing these models in-house will be a collaborative effort between Product, Underwriting, and Actuarial departments, promoting an integrated Enterprise Risk Management strategy,” said Josh Harris, Actuary at FWCI.

“Frank Winston Crum Insurance has built a strong reputation for providing businesses with dependable coverage and long-term stability. By adopting Akur8’s pricing and reserving solutions, they are demonstrating a forward-thinking approach to enhancing risk modeling and financial forecasting. We are proud to support their commitment to innovation and efficiency while reinforcing the values of integrity and reliability that define their presence in the insurance industry,” said Samuel Falmagne, CEO at Akur8.

“Partnering with Frank Winston Crum Insurance marks another significant step in Akur8’s expansion across the commercial insurance sector. As we continue to scale, this collaboration underscores the increasing demand for transparent machine-learning technology in workers’ compensation and general liability pricing. We are excited to support Frank Winston Crum Insurance in enhancing their pricing and reserving strategy while further solidifying Akur8’s presence and impact in the industry,” added Brune de Linares, Chief Client Officer at Akur8.