Digital risk processing platform Cytora has partnered with Gamma Risk, the provider of location intelligence systems and services.
The integration of Gamma Risk and its Perilfinder into Cytora will provide insurers with enhanced tools for precise risk evaluation and management.
Perilfinder is a cutting-edge address-level assessment and reporting solution that includes map visualisation, intuitive risk and accumulation scoring. It also holds spatial catastrophe models.
As a result, there should be more comprehensive risk evaluation and improved decision-making.
Juan de Castro, COO at Cytora, said: “Incorporating Gamma Risk’s Perilfinder into our platform is a significant milestone for Cytora. Perilfinder’s sophisticated risk assessment capabilities, including its intuitive scoring and detailed map visualisation, perfectly complement our mission to optimise underwriting workflows. This integration will enable insurers to perform more accurate risk evaluations and make better-informed decisions, thereby enhancing their competitive edge.”
Richard Garry, CCO at Gamma Risk, added: “As well as expanding the reach of the data we deliver through Perilfinder, this partnership with Cytora enables us to equip insurers with the tools they need to make more informed assessments. We pride ourselves on working on projects where technology can transform business operations and industry practices. Collaborating with a forward-thinking company like Cytora allows us to be at the forefront of industry advancements. Through Perilfinder, we aim to streamline processes, enhance service delivery, and enable growth.”
Recently, Cytora integrated Autoaddress and its Address Capture into its underwriting productivity tool.
This collaboration between Cytora and Autoaddress brings fast and secure address capture capabilities that reduce friction and improve data quality. It also streamlines the underwriting process.
With over 20 years of experience, Autoaddress delivers accurate address and geolocation data, which integrated with the Cytora platform will enable substantial operational efficiency and lead to better risk assessment as well as swifter decision making for insurers.
