Akur8, a prominent global actuarial AI platform, has announced its strategic acquisition of Slope Software, a cloud-native actuarial modeling provider. This move significantly broadens Akur8’s market reach, extending its capabilities beyond Property and Casualty (P&C) into the Life and Annuity (L&A) insurance sector. The integration aims to create a unified platform serving actuaries across multiple insurance lines with advanced AI-driven tools.
The acquisition marks a pivotal moment for Akur8, fulfilling its mission to provide actuaries worldwide with best-in-class tools. Slope Software, founded in 2015 in Atlanta, has established a strong customer base, including tier-one life insurers, reinsurers, and consulting firms. Its platform, SLOPE, is a fully hosted cash-flow modeling solution designed for transparency and auditability, supporting projections throughout the policy lifecycle, from pricing to forecasting.
Both Akur8 and Slope Software share a common vision of empowering actuaries with modern, intuitive tools that overcome legacy constraints. The integration of SLOPE as Akur8 Life is expected to accelerate product development through Akur8’s robust research and development resources. This synergy will enable the creation of a unified, end-to-end actuarial solution for multi-line carriers, offering a one-stop shop for both P&C and L&A actuarial needs.
Samuel Falmagne, CEO of Akur8, expressed enthusiasm about the acquisition, stating, “Slope Software has built an exceptional platform that transforms how life actuaries work, and their vision mirrors our own.” Andy Smith, Co-founder and Chief Strategy Officer of Slope Software, highlighted the clear benefits of joining Akur8, noting, “with our combined resources we’re well positioned to deliver a best-in-class actuarial platform.” Taylor Perkins, Co-founder and Chief Technology Officer of Slope Software, added that the partnership would provide the resources to scale their vision faster and enhance innovation for their customers.
Akur8 is a leading Global Actuarial AI platform serving over 300 customers in more than 40 countries. Slope Software provides SLOPE, a transparent, cloud-native actuarial modeling platform designed to streamline workflows and deepen analysis for life insurers and pension firms.