Risk Flow Digest

Welcome to the December edition of Cytora’s Risk Flow Digest, where we share best practices on how insurers can digitize and optimize their risk processing workflows.

Cytora and Markel awarded Excellence in Underwriting by Insurance Times

The 2023 Insurance Times Awards, a prestigious event honoring excellence in UK general insurance took place on the evening of December 6th in London. We are pleased to announce that Cytora and Markel International's joint entry claimed an award in Excellence in Underwriting. It's an enormous pleasure to be recognised alongside our customers for the work we did together. Cytora also congratulates customer and long-time partner Allianz who received the Silver Award for Excellence in Technology which focused on the Cytora deployment.?

hx/Cytora virtual webinar ‘Enabling supersonic underwriting’- 17 January

Join Cytora’s COO Juan De Castro and hx's Head of Pricing & Innovation Jaimie Wilson for a fireside chat around the concept of a ‘10-click Underwriting Workflow’, an innovative approach that involves the digitization of risks at the point of intake, facilitating automated decision-making, straight through processing and eliminating the need for re-keying data across multiple systems, saving time and minimizing errors. This webinar is your guide to leveraging transformational infrastructure for informed underwriting and pricing strategies, grounded in real-time data and advanced analytics. Register here.

InsTech & Cytora New York Event - 14 March

Instech in partnership with Cytora, will be hosting another exclusive event in New York on March 14 2024. Join us to discover the new tools leading insurance organizations are using to remove the pain from underwriting and let underwriters concentrate on what they do best. We’ll discuss case studies and talk to insurers and the companies providing some of the best available tools and applications, and how these all fit together. The event will be hosted in collaboration with hyperexponential, Google Cloud and Kroll.?

Places are limited, register your interest here to avoid missing out.

ZestyAI and Vespia joined the Cytora data ecosystem

Cytora is welcoming two fantastic partners to join our ecosystem of data and insight providers: ZestyAI, a pioneer in leveraging artificial intelligence for property risk assessment and Vespia a leading provider of compliance data.

ZestyAI and Vespia’s cutting-edge data, analytics, and models will be pre-integrated into the Cytora platform enabling customers to access and operationalise data sources directly into their risk processing flows. Read the full press release on ZestyAI and Vespia.

Making Risk Flow: Navigating the Constantly Evolving Cyber Insurance Market?

Check out the latest episode of our Making Risk Flow podcast on Tech-Driven Transformation, hosted by our very own Juan de Castro and featuring Nigel Walsh, Managing Director of Insurance at Google. During the course of the discussion, Juan and Nigel delve into the exciting role of technology in the insurance industry and explore the potential for technology, particularly artificial intelligence, to revolutionize underwriting workflows and decision-making, whilst also highlighting the importance of reducing costs and streamlining processes. Listen to the episode here.