UK insurtech Cytora has appointed Zaheer Hooda – former Senior Vice President of Data and Digital Enablement for Hiscox USA, as its Head of North America.
Within his new role, Hooda will bring his fifteen years of experience within the industry, which includes driving strategic operational and digital transformation projects for companies such as Hiscox and McKinsey & Company.
In addition, Hooda will also oversee the expansion of Cytora’s US office.
Hooda’s appointment also follows significant demand for Cytora’s platform in the US, including a recent global partnership with leading specialist insurer Beazley.
Moreover, in December 2021, it was also announced that Allianz had announced an agreement to leverage AI-driven risk processing from Cytora.
Hooda, commented: “Insurance is undergoing a revolution with new technology reducing costs, increasing effectiveness and transforming the customer experience. Cytora has positioned itself at the forefront of global insurtech innovation by creating a platform which provides so much clear value to insurers.
“Cytora is experiencing growing global demand for its platform and I am excited to work with US carriers on enabling them to achieve the advantages of the digital transformation. I am delighted to play my part in Cytora’s rapid worldwide growth story.”
Richard Hartley, CEO of Cytora, added: “Zaheer is an exceptional talent who will bring a wealth of experience to our North American operations. We are seeing a huge amount of demand for Cytora from US companies and now is the right time for us to strengthen our US presence.”