Markel UK seeks to accelerate profitable growth with Cytora partnership
Markel UK, a provider of insurance, tax and legal services to UK SMEs, has partnered with London-based insurtech Cytora, as it seeks to enhance its capacity and accelerate profitable growth.
The partnership will see Markel deploy the Cytora platform to streamline their risk intake across the UK P&C lines.
The Cytora platform will be a core part of the Markel new business workflow increasing the capacity for growth in target risk segments through a more efficient, effective and intelligent end-to-end pipeline, quote and deal process.
Neil Galjaard (pictured), divisional managing director at Markel UK, said: “At Markel, we are committed to giving brokers and clients enhanced service levels and Cytora will enable us to create capacity to effectively grow our scale in our key sectors and enable our underwriters to provide further enhanced service to customers and brokers.”
Richard Hartley, CEO at Cytora, commented: “The commercial insurance industry is undergoing a fundamental transformation. We’re excited to partner with Markel, building on the success of our relationship so far, and accelerate their transition to become a digitally enabled insurance company.”
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