Akur8, a Paris-based InsurTech, has partnered with Post Telecommunication Joint Stock Insurance Corporation (PTI), one of Vietnam’s leading non-life insurance providers, to enhance its actuarial capabilities.
PTI will implement Akur8’s pricing platform to enhance fairness and competitiveness in its insurance pricing.
As Vietnam’s insurance sector rapidly digitizes and evolves, the move helps PTI respond more strategically to market demands.
Akur8’s machine-learning platform accelerates model development, ensures transparency, and supports data-driven pricing—key advantages for the P&C insurance market.
PTI will use the platform to gain portfolio insights, improve pricing agility, and boost collaboration between actuarial and business teams.
During a pilot phase, PTI built hundreds of models in a month, confirming the platform’s speed, flexibility, and transparency.
Akur8’s strong support and user-friendly design were also critical to the partnership’s success.
“There is no need to comment on the functionality of Akur8, as it has already proven itself to be a streamlined, user-friendly and efficient program for modern actuaries, trusted by companies worldwide. What we appreciate most, however, is the team behind the platform. They are always available to assist with any questions or issues, and they consistently put in their best effort to improve the user experience. These are qualities you won’t always find in other solutions on the market,” PTI actuary manager Tien Pham Hong said.
“We are honoured to collaborate with PTI, a leading player in Vietnam’s non-life insurance sector. By equipping PTI’s actuarial team with our advanced pricing platform, we are supporting their journey towards more data-driven, agile, and future-ready pricing processes in an increasingly competitive market,” Akur8 CEO Samuel Falmagne said.
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