Reinsurance News

Cytora

Markel UK partners with Cytora to streamline P&C risk intake

28th July 2021

Specialist insurer Markel UK has partnered with Cytora to deploy the insurtech's platform as the carrier looks to streamline its risk intake across UK property and casualty (P&C) lines of business. This partnership will enable Markel to enhance capacity and accelerate profitable growth, while giving brokers and clients better service. It's expected ... Read the full article

Cytora adds Thomas Huerlimann to board of advisors

4th March 2021

UK insurtech Cytora has announced the appointment of Thomas Huerlimann to its board of advisors as the company looks to bolster its growth plans. Huerlimann brings 30 years of experience in banking, reinsurance and insurance. He joins a team of existing advisors that includes AXA XL’s former Chief Executive, Client and Country ... Read the full article

Convex partners with Cytora on AI-powered commercial underwriting

15th July 2019

Convex Group Limited, the international specialty re/insurer set up by Stephan Catlin, has partnered with insurtech firm Cytora to develop artificial intelligence (AI) powered solutions for commercial insurance. Using Cytora’s AI-driven platform, Convex hopes to enhance its commercial underwriting process, using data to achieve a more accurate view of risk ... Read the full article

InsurTech startup Cytora secures £25m in funding, eyes international expansion

17th April 2019

London-based InsurTech startup Cytora has secured £25 million in a Series B funding round led by Swedish venture capital firm EQT Ventures. Cytora, which was founded at the University of Cambridge in 2014, deploys artificial intelligence (AI) into commercial underwriting processes to improve and assist with the automation of decisions throughout ... Read the full article

QBE to enhance underwriting decisions using Cytora’s risk rating tech

7th January 2019

Global re/insurer QBE Insurance Group has adopted Risk Engine technology from artificial intelligence (AI) company Cytora to enhance underwriting decisions across its commercial portfolio. QBE explained that its partnership with Cytora will enable UK customers to purchase cover more efficiently, using Cytora’s predictive insights to recommend and tailor products to better ... Read the full article

MS Amlin partners with Cytora for AI driven commercial property underwriting

20th June 2018

Global insurer and reinsurer MS Amlin has announced a new partnership with artificial intelligence (AI) firm Cytora, which sees AI technology deployed into commercial underwriting processes to improve and assist with the automation of decisions throughout MS Amlin's commercial property portfolio. The new partnership will see MS Amlin use Cytora's solutions ... Read the full article