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As published on akur8.com, June 2026. Checked by usedby on Oct 9, 2026.

What happened

Portage Mutual's actuarial teams use Akur8's pricing platform to build pricing models for its personal lines portfolio, starting with Home and Auto. The platform is intended to give faster model development and transparent, explainable outputs.

Summary written by usedby from the source page, in English. The figures are those of Akur8 and Portage Mutual, not ours.

Sophisticated models that previously took days to build can now be completed in hours, particularly for geospatial analysis.

From the page. akur8.com

From the very first weeks of our pilot, Akur8 proved to be a genuine game-changer for our actuarial teams. Sophisticated models that previously took days to build can now be completed in hours, particularly for geospatial analysis. We also gained strong confidence in Akur8's rating capabilities across both our Home and Auto portfolios. We are excited about what this partnership will deliver for our pricing operations and, ultimately, for the policyholders we serve across Canada.

Ryan Cheung, Director of Actuarial Pricing, Portage Mutual. Source

What the story claims, and what we checked

What we compared with the page.

  • The passage quoted aboveCheckedCopied word for word from the page, near the name of Portage Mutual.
  • The publication dateCheckedRead from the page’s own metadata, never guessed.
  • Portage Mutual uses Akur8CheckedConfirmed line.
  • The result itselfNot checkedWe quote it; we did not measure it.

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