Cytora

London, UK · ≈75 employees · cytora.com

Cytora is a leading risk digitization and automation platform tailored for the commercial insurance industry. Founded in 2012 and based in London, the company focuses on helping brokers, insurers, and reinsurers manage risk more effectively. Cytora's mission is to support commercial insurers in becoming digital-first, facilitating a shift to digital risk flows that enhance premium growth while controlling expenses. The core offering is the AI-powered Digital Risk Processing Platform, known as the Making Risk Flow™ platform. This platform automates the underwriting workflow by digitizing unstructured risk data from various sources, such as emails and PDFs. It evaluates risks based on established business rules, computes rankings and pricing, and routes risks for underwriting and claims processing. Additionally, Cytora provides analytics and dashboards for insurers to gain insights into their underwriting decisions and portfolio risks. The platform is designed for quick deployment without the need for extensive training, making it accessible for commercial and specialty insurance professionals.