Head-to-head · Insurance Rating Software
Akur8 vs Guidewire Rating
Akur8 leads on 0 checks, Guidewire Rating on 0, and 3 are even. Who comes out ahead on the 3 yes/no, price and count checks where we have data for both products. The editor score weighs everything else too.
Our verdict
- Highest scoreAkur8 · 9.0/10
Akur8 scores higher on our rubric for insurance rating software: 9.0 against 7.1 out of 10; our editors rank them #1 and #5.
Akur8 is the better fit for insurers building and deploying actuarial pricing models. Guidewire Rating is the better fit for P&C carriers using Guidewire policy workflows.
- Akur8 fits best
Insurers building and deploying actuarial pricing models
- Guidewire Rating fits best
P&C carriers using Guidewire policy workflows
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Side by side
| Feature | Akur8 9.0/10 Visit ↗ | Guidewire Rating 7.1/10 Visit ↗ |
|---|---|---|
| At a glance | ||
| Editor score | 9.0 | 7.1 |
| Ranking | #1 in Insurance Rating Software | #5 in Insurance Rating Software |
| Best for | Insurers building and deploying actuarial pricing models | P&C carriers using Guidewire policy workflows |
| Pricing model | Paid | Paid |
| Starting price | Not published | Not published |
| Free plan | — | Not published |
| Free trial | — | — |
| Deployment | Cloud | Cloud |
| Platforms | Web | Web |
| Support | Live chat | Docs |
| Integrations | 2 integrations | 3 integrations |
| Built for | Small business, Mid-market, Enterprise | Mid-market, Enterprise |
| Features Akur8 2/2 · Guidewire Rating 2/2 | ||
| Rate versioning | ✓ | ✓ |
| API access | ✓ | ✓ |
| Specs | ||
| Rating configuration | Hybrid | Hybrid |
| Quote channels | Multiple | Not published |
| Supported product lines | Non-life: P&C, health, and pet insurance | property and casualty |
| Deployment | Cloud | Cloud |
| Our review | ||
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| Our verdict | Akur8 is a cloud-based actuarial pricing platform for insurance teams that need to move from data preparation and risk modeling to production rating. Its stated non-life focus covers property and casualty, health, and pet insurance. The… Read the review → |
Guidewire Rating provides rating and pricing functionality within Guidewire InsuranceSuite for property and casualty insurers. It is aimed at mid-market and enterprise carriers that need to configure insurance-product rate models, factors,… Read the review → |
Strengths and trade-offs
Akur8 — where it wins
- Build GLM and GAM risk models and model demand and price sensitivity
- Configure rate plans with models, variables, and business rules
- Version, test, and deploy rates through a real-time API with audit records
Where it doesn't
- Pricing depends on modeled premium volume and requires contacting sales
- The free offer is a two-week pilot, not an ongoing free plan
- Its stated focus is non-life insurance: P&C, health, and pet
Guidewire Rating — where it wins
- Configure rate models, rating factors, formulas, and effective-dated changes
- Calculate premiums during quoting and policy transactions
- Integrates with PolicyCenter, BillingCenter, and ClaimCenter
Where it doesn't
- Pricing is available by contacting Guidewire rather than through public plans
- Rating is focused on property and casualty insurance
- Its strongest fit depends on Guidewire policy administration workflows
- Akur89.0/10 · Pricing on request · 14-day trial
Akur8 connects actuarial modeling with versioned, API-deployed insurance rates.
Visit Akur8Full verdict → - Guidewire Rating7.1/10 · Pricing on request
P&C rating and premium calculation built into Guidewire policy workflows.
Visit GuidewireFull verdict →
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- SelectRate vs Guidewire Rating
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All insurance rating software comparisons → · Full ranking →
Reviewed by iTechGuides Editors · Editorial team · Updated Sep 2026
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