Akur8
Branch Insurance
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Founded
Akur8
Raised : US $ 30mn Leading participants : BlackFin Capital Partners
Headquartered in France , Akur8 is an insurtech that specialises in AI pricing solutions for the insurance industry . The platform automates risk modelling and optimises prices for insurance companies while keeping full transparency and control on the models created , as required by regulators worldwide .
Branch Insurance
Raised : US $ 50mn in a
Series B round Leading participants : Anthemis Group
in 2017 , Branch Insurance is based in Ohio and prides itself on providing affordable insurance for all . Branch uses innovative technology and bundles Home and Auto Insurance together in coverage packages . Unlike other insurance companies , Branch underwrites policies through Branch Insurance Exchange - its reciprocal insurance exchange .
This means the insurtech is able to eliminate overhead costs and pass savings along to its members .