Ecclesiastical partners with AI insurtech Cytora to streamline risk intake
Specialist insurer Ecclesiastical and insurtech Cytora, a provider of AI-powered solutions for the commercial insurance industry, have formed a multi-year partnership.
The partnership will see Ecclesiastical deploy Cytora's platform to streamline its risk intake across the UK. The insurer hopes that the integration will enable it to accelerate profitable growth by increasing its capacity in specialist risk segments through a more efficient, effective and data-driven pipeline, quote and bind process.
Ecclesiastical has been working with Cytora over the last year to unify data flows and focus capacity on priority risk segments, and is seeking to deepen its capabilities through investment in technology and innovation to enhance propositions and service to customers.
Adrian Saunders (pictured), commercial director at Ecclesiastical, said: “At Ecclesiastical, we are committed to providing exceptional service to our customers and brokers. Cytora will enable us to grow our scale across our specialist markets, embed and reinforce a data-driven culture and empower our underwriters to provide better service to customers and brokers.”
Juan de Castro, COO and CCO at Cytora, added: “The commercial insurance industry is undergoing rapid digital transformation. We’re excited to partner with Ecclesiastical, expanding on the success of our relationship so far, and accelerate fundamental processes on its journey to become a digitally enabled insurer.”
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