Juan de Castro for Financial Times' P&C Specialist on how AI will impact the pay of commercial insurance execs: "For underwriters, for example, carriers can include many more dimensions around risk quality and risk selection when analyzing compensation, not just amount of premium someone writes. It's a more dynamic and balanced way of determining compensation. Full article here (behind paywall): https://lnkd.in/gtVbKFeh
Cytora
IT Services and IT Consulting
London, UK 9,559 followers
Powering the future of commercial insurance.
About us
Cytora is the configurable platform that enables commercial insurers to create digital workflows by digitising, evaluating and routing risks. Cytora digitises every incoming risk, augments them with additional data sources, evaluates them against multiple rules including appetite and priority, and routes them to downstream systems for automated or manual underwriting. Member of the 2020 Tech Nation Future Fifty 8.0 Cohort Member of the 2020 Insurance Post Insurtech 100 WINNER - DIAmond Award, DIA Amsterdam 2019 SILVER - Excellence in Technology - Service Provider, Insurance Times 2019 WINNER - Best AI Product In Insurance, CogX Innovation Awards 2019 WINNER - Risk-Modelling Technology of the Year, Insurance Times Awards 2018
- Website
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http://cytora.com
External link for Cytora
- Industry
- IT Services and IT Consulting
- Company size
- 51-200 employees
- Headquarters
- London, UK
- Type
- Privately Held
- Founded
- 2014
- Specialties
- Machine Learning, Artificial Intelligence, Commercial Insurance, Commercial Underwriting, and Risk Modelling
Locations
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Primary
9 Dallington Street
London, UK EC1V 0LN, GB
Employees at Cytora
Updates
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Cytora's July Risk Flow Digest is out! 🚀 Learn about the benefits of becoming a Making Risk Flow Community member and join our network now. Secure your spot for the upcoming September event with guest speakers from Allianz, Beazley, Markel and more. Tune into our latest Making Risk Flow podcast episodes and learn about our newest data partners. Check it out now!
Making Risk Flow Digest
Cytora on LinkedIn
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Join us on Tuesday, September 3rd, in London for another exclusive community event hosted in partnership with InsTech & Google: "Beyond theory: unlocking business value with complete digital risk flows". Our headline panel featuring James Wright Jason Howes Henrik Wærsted Bjørnstad and Juan de Castro will be a deep dive into the practical technology applications, showcasing what it means to operate within digital risk flows and create decision-ready risks and claims. No concepts, just real-world examples. Date: Tuesday, September 3, 2024 Time: 4:30pm - 7:30pm (BST) Location: Google, 6 Pancras Sq, London N1C 4AG Register your interest early before tickets sell out: https://lnkd.in/e7Bj3TdF
Beyond theory: unlocking business value with complete digital risk flows | InsTech Events
https://www.instech.co
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Cytora is pleased to welcome a new member of our advisory board - Laurent Rousseau. His experience as CEO of Guy Carpenter EMEA and Global Capital Solutions and former CEO of SCOR will support Cytora's global growth. Laurent Rousseau on joining Cytora: “I’m excited about working with the Cytora team as they grow globally, accelerate the digitization of risk workflows for re/insurance companies and ultimately enable a step change in client, broker and insurer experience. There is an opportunity ahead to build larger and more impactful risk and insurance industry” Full details of the announcement on our blog: https://lnkd.in/een-bHQW
Cytora announces expanded advisory board with senior executive from Guy Carpenter joining
cytora.com
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Today marks further growth of Cytora's ecosystem of insight and data providers, we would like to extend our warm welcome to our newest partner Gamma Risk. The Partnership will allow insurers to identify location risk in seconds through Gamma Risk’s Perilfinder™ which includes map visualisation and accumulation reporting. Read the full announcement here: https://hubs.ly/Q02GdXJc0
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The final episode of season 5 of Making Risk Flow is already proving to be one of the most popular episodes of all times. James Platt (former Group COO at Aon) shared his thoughts with Juan de Castro about what other industries like asset management did to reduce their operating expenses by 70%. You can now read transcript here: https://lnkd.in/dwCJjGFN Or listen to full episode here: https://lnkd.in/dVbBqRRq
"If Asset Management could do it, why can't we do it??". What a brilliant way of wrapping up Season 5 of Making Risk Flow. James Platt (former Group COO at Aon) is referring to how the Asset Management industry managed to reduce their operating expenses by 70%. In this episode James explains the key drivers of that evolution and how they compare to the Insurance Industry today. You can now read transcript here: https://lnkd.in/dwCJjGFN Or listen to episode here: https://lnkd.in/dVbBqRRq #makingriskflow #podcast #insurance #thoughtleadership
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It's a wrap for season five of Making Risk Flow, and the host Juan de Castro brought a fantastic guest to end on a strong note. James Platt (former Group COO at Aon and co-Founder of Trimstone Partners) shares his perspective on combined ratio and where we are getting it wrong as an industry. Listen to this thought-provoking episode: https://lnkd.in/eB2i6c2Q Subscribe to be notified when the new season of Making Risk Flow returns in September, and stay tuned for in-between season bonus episodes: Apple Podcasts: https://lnkd.in/eXSBR4BH Spotify: https://lnkd.in/gw6myrS3 #makingriskflow #combinedratio #insuranceinnovation #insurance #commercialinsurance
New podcast episode alert! In this final episode of Season 5 of Making Risk Flow I'm joined by James Platt (former Group COO at Aon and co-Founder of Trimstone Partners). James has an impressive career in operational transformation and technology innovation, having played pivotal roles as a Partner at Boston Consulting Group (BCG) and CEO of Aon Digital Client Solutions. In his thoughtful yet provocative approach, James' explains why combined ratio is the worst thing that ever happened to the insurance industry, the reasons why the industry hasn’t evolved as successfully as other Financial Services sectors, and why data is the lever for change. Listen to podcast here: https://lnkd.in/dVbBqRRq #makingriskflow #insurance #podcast #data
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We are pleased to introduce a new member to Cytora’s ecosystem of data and insight providers, welcome Autoaddress! The partnership will bring fast, reliable, and secure address capture and validation for over 250 countries, reducing form friction, enhancing user experience, and improving global data quality, further streamlining the underwriting process for insurers. Discover more about this collaboration in our official announcement: https://lnkd.in/d8J-RYZw
Cytora Announces Integration of Autoaddress' Address Capture to Enhance Underwriting Productivity
cytora.com
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Join the Making Risk Flow Community! 🚀 Shape the future of digital risk processing by becoming a member of the Making Risk Flow Community, the first global network for risk digitization professionals in the insurance industry. Why Join? 🤝 Network with industry leaders and peers at exclusive events 🎓 Learn from top-tier training programs at the Making Risk Flow Academy 🎙 Showcase your expertise on the Making Risk Flow Podcast 📰 Stay Updated with our LinkedIn Digest and tailored newsletters Sign up today: https://lnkd.in/djxTM3tc #DigitalRiskProcessing #Insurtech #Cytora #MakingRiskFlowCommunity #InsuranceInnovation
Making Risk Flow™ Community
cytora.com
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Cytora is pleased to announce that e2Value, Inc. joins our partner network of data and insight providers. The integration will enable commercial, agricultural and residential property insurance underwriters to instantly gain e2value's patented web-based valuation system providing scores of critical data points on buildings in the US. Read the full announcement here: https://lnkd.in/eK2tcMCr
Cytora and e2Value build partnership to give commercial underwriters new insights into risks
cytora.com