Insurance is vital to the economy, giving businesses the confidence to realise their ambitions in the face of uncertainty, but the underlying systems that insurance is built on are broken. Cytora is creating new foundations for insurance by providing insurers with the building blocks they need to deliver efficient, accurate underwriting and seamless customer experiences.
Cytora's platform enables risk submissions to be digitised, consistently evaluated using internal and external data sources and automatically processed for underwriting decision making. This means that risks can be digitally processed, maximising automation levels and delivering enhanced control over risk selection.
Cytora recently partnered with global specialist insurer Beazley, which follows a series of recent milestones for Cytora, including partnerships with Allianz, Markel and Ecclesiastical. The company is eyeing the US for its next expansion strategy.
Kirsty
Company Specialist at Welcome to the Jungle