Digital risk processing platform Cytora has partnered with PriceHubble to enable insurers to utilise insight from the largest proprietary real estate database in Europe.
It will combine PriceHubble’s suite of data and insights on Cytora’s platform. This can include valuations, market analyses, value forecasts, building simulations or energy performance insights.
Go deeper with GlobalData
As a result, underwriters are able to assess the risks linked to specific properties or portfolios, understand potential vulnerabilities and adjust their strategies to mitigate them. This will enable more comprehensive risk evaluation and faster, better decision-making.
Juan de Castro, COO at Cytora, said: “By joining forces with PriceHubble, we are going to be able to bring a new level of precision and depth to real estate data for insurers. This will empower our clients with unmatched insights, revolutionising how they assess and manage property risk, and enhancing their competitive edge. Partnerships like this are helping Cytora to deliver a new benchmark for data-driven decision-making in the insurance industry.”
Mark Cunningham, managing director of PriceHubble UK, added: “By combining our intelligence with Cytora’s advanced platform, we are thrilled to offer insurers unprecedented access to deeper, more accurate real estate insights. This collaboration will drive smarter decision-making by redefining real estate data for the insurance industry.”
In September 2024, Cytora partnered with Mitiga, a provider of science-based climate risk intelligence.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataThe partnership will mean insurers have access to EarthScan’s asset-level climate risk intelligence data through Cytora’s platform at a time when the threat of climate change is a key concern for businesses and new regulations mandate insurance players and their clients to disclose their exposure to climate risk.
EarthScan is Mitiga’s on-demand climate risk analysis platform. It leverages data modelling, machine learning and state-of-the-art climate science to help companies analyse, report and act on their exposure to risks such as flooding, drought and extreme temperatures, across different climate scenarios and decades-long timeframes.
